Basil Al-Najjar

  • Citations Per Year
Learn More
We explore the potential drivers of corporate capital-structure decision. We apply both fixed effects panel models and random effects tobit models to examine this issue. Based on a sample of 379 firms across the period from 1991 to 2002, we find that corporate characteristics (firm size, firm risk, firm growth rate, firm profitability and asset tangibility)(More)
Purpose: The purpose of this paper is to empirically examine the determinants for future-oriented information in the UK annual report narrative sections, in addition to empirically examining the association between levels of disclosure, as a proxy for asymmetric information, and corporate dividend policy. Design/methodology/approach: We use tobit and logit(More)
This study explores the under-researched relationship between corporate governance and firm performance in tourism companies. We employ instrumental variable modelling using 2SLS for publicly listed firms in five countries in the Middle East. Board independence is found to be positively related to firm performance and stock performance, suggesting that(More)
  • 1