Advanced search
Publication Cover
Applied Economics Letters Volume 30, 2023 - Issue 16
Submit an article Journal homepage
213
Views
1
CrossRef citations to date
0
Altmetric
Research Article

Opportunity for whom: economic policy uncertainty, managerial ability and firm value

Mobing JiangSchool of Economics and Management, Zhejiang Sci-Tech University, Hangzhou, ChinaView further author information
,
Xiaohui XuSchool of Economics and Management, Zhejiang Sci-Tech University, Hangzhou, ChinaView further author information
&
Jun YangSchool of Economics and Management, Zhejiang Sci-Tech University, Hangzhou, ChinaCorrespondence[email protected]
View further author information
Pages 2220-2223 | Published online: 04 Jul 2022

References

  • Aghion, P., N. Bloom, R. Blundell, R. Griffith, and P. Howitt. 2005. “Competition and Innovation: An Inverted-U Relationship.” Quarterly Journal of Economics 120: 701–728.
  • Baker, S. R., N. Bloom, and S. J. Davis. 2016. “Measuring Economic Policy Uncertainty.” Quarterly Journal of Economics 131: 1593–1636. doi:10.1093/qje/qjw024.
  • Bloom, N. 2007. “Uncertainty and the Dynamics of R&D.” American Economic Review 97: 250–255. doi:10.1257/aer.97.2.250.
  • Bonaime, A., H. Gulen, and M. Ion. 2018. “Does Policy Uncertainty Affect Mergers and Acquisitions?” Journal of Financial Economics 129: 531–558. doi:10.1016/j.jfineco.2018.05.007.
  • Demerjian, P., B. Lev, and S. McVay. 2012. “Quantifying Managerial Ability: A New Measure and Validity Tests.” Management Science 58: 1229–1248. doi:10.1287/mnsc.1110.1487.
  • Demerjian, P., and B. Lev. 2021. “Measuring Managerial Ability: A Retrospective and Review of the Literature.” Data Envelopment Analysis Journal 5 (1): 1–25. doi:10.1561/103.00000037.
  • Giroud, X., and H. M. Mueller. 2011. “Corporate Governance, Product Market Competition, and Equity Prices.” The Journal of Finance 66: 563–600. doi:10.1111/j.1540-6261.2010.01642.x.
  • Gulen, H., and M. Ion. 2016. “Policy Uncertainty and Corporate Investment.” Review of Financial Studies 29: 523–564.
  • Iqbal, U., C. Gan, and M. Nadeem. 2020. “Economic Policy Uncertainty and Firm Performance.” Applied Economics Letters 27 (10): 765–770. doi:10.1080/13504851.2019.1645272.
  • Knight, F. H. 1921. Risk, Uncertainty and Profit. Boston: Houghton Mifflin Company.
  • Xu, Z. 2020. “Economic Policy Uncertainty, Cost of Capital, and Corporate Innovation.” Journal of Banking & Finance 111: 105698. doi:10.1016/j.jbankfin.2019.105698.
  • Yung, K., and C. Chen. 2018. “Managerial Ability and Firm risk-taking Behavior.” Review of Quantitative Finance & Accounting 51: 1005–1032. doi:10.1007/s11156-017-0695-0.
  • Yung, K., and A. Root. 2019. “Policy Uncertainty and Earnings Management: International Evidence.” Journal of Business Research 100: 255–267. doi:10.1016/j.jbusres.2019.03.058.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.