When does macroeconomic volatility reshape capital structure? Institutional buffering and dynamic leverage adjustment in Vietnamese listed firms

RIDING THE DOLLAR TIDE: RISK-MANAGEMENT STRATEGIES AND FINANCIAL PERFORMANCE OF BRAZILIAN AGRIBUSINESS EXPORTERS AMID EXCHANGE-RATE VOLATILITY

This study examines how exchange-rate fluctuations, through both asset-side and liability-side exposures, affect the accounting-based performance of Brazilian agribusiness firms listed on B3 over 2020-2025. The analysis draws on a representative sample of 11 firms selected from an updated sector population and evaluate...

Macroeconomic Conditions, Effective Taxation, and Capital Structure Decisions: Evidence from Indonesian Manufacturing Firms

This study examines the associations between macroeconomic conditions, realized effective taxation, firm-specific characteristics, and capital structure among manufacturing firms listed on the Indonesia Stock Exchange during 2021–2025. Using a balanced panel of 97 firms and 485 firm-year observations, the study applies...

DYNAMIC PANEL INVESTIGATION OF CORPORATE CASH HOLDINGS AND THEIR FINANCIAL OPERATIONAL AND GOVERNANCE DETERMINANTS IN VIETNAMESE RETAIL FIRMS

The study seeks to identify the joint effect of financial, operating, and governance features on the cash levels of retail firms listed in Vietnam. Instead of viewing the cash policy as a one-time decision that determines the cash balance, we model the cash level as a dynamic process where the current level is a functi...

The Competition-Stability Nexus Under Macroeconomic Uncertainty: Differentiated Moderating Roles of Institutions and Innovation in Asean

Abstract This study examines how bank market power, macroeconomic uncertainty, the technology-enabled financial environment, and institutional quality are associated with bank stability in ASEAN. Using an unbalanced panel of 60 commercial banks across five ASEAN economies from 2010 to 2023, the study adopts a layered e...

A multi-premium framework for Turkey’s equity market: sovereign, liquidity, volatility, and governance risk in regional context

Stock Price Volatility and Corporate Financial Performance of Manufacturing Firms in Nigeria

This study investigates the empirical relationship between stock price volatility and the corporate financial performance of listed manufacturing firms on the Nigerian Exchange Group (NGX) from 2014 to 2024. Using a panel data approach, the study measures financial performance through Return on Assets (ROA) and Retu...