Research Repository

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CSR Communication Research: A Theoretical-cum-methodological Perspective from Semiotics (2019)
Journal Article
Yekini, K., Omoteso, K., & Adegbite, E. (in press). CSR Communication Research: A Theoretical-cum-methodological Perspective from Semiotics. Business and Society,

Despite the proliferation of studies on corporate social responsibility (CSR) communication, there is a lack of consensus and a cardinal methodological base for research on the quality of CSR communication. Over the decades, studies in this space hav... Read More

New bid-ask spread estimators from daily high and low prices (2018)
Journal Article
Li, Z., Lambe, B., & Adegbite, E. (2018). New bid-ask spread estimators from daily high and low prices. International Review of Financial Analysis, 60, (69-86). doi:10.1016/j.irfa.2018.08.014. ISSN 1057-5219

Estimating trading costs in the absence of recorded data is a problem that continues to puzzle financial market researchers. We address this challenge by introducing two low frequency bid-ask spread estimators using daily high and low transaction pri... Read More

International equity portfolio investment and enforcement of insider trading laws: a cross-country analysis (2018)
Journal Article
Adegbite, E., Boateng, A., & Kwabi, F. (2018). International equity portfolio investment and enforcement of insider trading laws: a cross-country analysis. Review of Quantitative Finance and Accounting, doi:10.1007/s11156-018-0751-4. ISSN 0924-865X

In this study, we examine the effects of stringent insider trading laws’ enforcement, institutions and stock market development on international equity portfolio allocation using data from 44 countries over the period 2001-2015. Our results suggest t... Read More

The impact of stringent insider trading laws and institutional quality on the cost of capital (2018)
Journal Article
Kwabi, F. O., Boateng, A., & Adegbite, E. (2018). The impact of stringent insider trading laws and institutional quality on the cost of capital. International Review of Financial Analysis, 60, (127-137). doi:10.1016/j.irfa.2018.07.011. ISSN 1057-5219

This paper examines the effects of interaction between stringent insider trading laws, institutional quality and equity portfolio allocation on the cost of capital. Using a dataset drawn from 44 countries over the period from 2001 to 2015, we find th... Read More

Financial and corporate social performance in UK listed firms: the relevance of non-linearity and lag effects (2018)
Journal Article
Adegbite, E., Guney, Y., Kwabi, F., & Tahir, S. (2019). Financial and corporate social performance in UK listed firms: the relevance of non-linearity and lag effects. Review of Quantitative Finance and Accounting, 51(1), 105-158. doi:10.1007/s11156-018-0705-x

Using environmental, social and governance (ESG) scores compiled by Reuters Datastream for each company’s corporate social performance (CSP), we examine the relationship between CSP and corporate financial performance (CFP) of 314 UK listed companies... Read More

The influence of multinational enterprises on subsidiaries: context matters (2018)
Journal Article
Egbe, I., Adegbite, E., & Yekini, K. C. (2018). The influence of multinational enterprises on subsidiaries: context matters. Accounting, Auditing and Accountability Journal, 31(2), doi:10.1108/AAAJ-06-2016-2608

Purpose: This paper examines how differences in the institutional environment of a multinational enterprise (MNE) shape the role of management control systems (MCSs) and social capital in the headquarters-subsidiary relationship of an emerging econom... Read More

Biases in international portfolio allocation and investor protection standards (2017)
Journal Article
Kwabi, F. O., Thapa, C., Paudyal, K., & Adegbite, E. (2017). Biases in international portfolio allocation and investor protection standards. International Review of Financial Analysis, 53, (66-79). doi:10.1016/j.irfa.2017.08.005. ISSN 1057-5219

Economic reasoning suggests that financial globalization that encourages optimal international portfolio investments should improve investor protection standards (IPS) of a country. In practice, however, investors manifest varying degrees of suboptim... Read More

The impact of community expectations on corporate community involvement disclosures in the UK (2017)
Journal Article
Yekini, K. C., Adelopo, I., & Adegbite, E. (2017). The impact of community expectations on corporate community involvement disclosures in the UK. Accounting Forum, 41(3), doi:10.1016/j.accfor.2016.12.006. ISSN 0155-9982

Despite increase mistrust between corporations and societies in the aftermath of the global corporate misbehaviours, the literature examining the impact of community concerns on corporate communications is undeveloped. Our paper is timely; it contrib... Read More

An international examination of the economic effectiveness of banking recapitalization (2016)
Journal Article
Tahir, S., Adegbite, E., & Guney, Y. (2017). An international examination of the economic effectiveness of banking recapitalization. International Business Review, 26(3), (417-434). doi:10.1016/j.ibusrev.2016.10.002. ISSN 0969-5931

While the literature on capital adequacy and bank recapitalization agrees on the importance of a minimum capital requirement, recurring financial crises across the world do little to suggest that capital adequacy is enough protection for banks, even... Read More

Institutional shareholder activism in Nigeria: an accountability perspective (2016)
Journal Article
Uche, C., Adegbite, E., & Jones, M. (2016). Institutional shareholder activism in Nigeria: an accountability perspective. Accounting Forum, 40(2), 78-88. doi:10.1016/j.accfor.2016.03.001

Research has identified institutional shareholders and shareholders' associations as separate groups that are able to interact and promote accountability through shareholder activism. This study employs a qualitative methodology to critically evaluat... Read More

Regulatory multiplicity and conflict: towards a combined code on corporate governance in Nigeria (2016)
Journal Article
Osemeke, L., & Adegbite, E. (2016). Regulatory multiplicity and conflict: towards a combined code on corporate governance in Nigeria. Journal of Business Ethics, 133(3), 431-451

Given the multiplicity of codes designed to regulate different stakeholders in terms of promoting good corporate governance, this paper examines areas of conflicts amongst the various codes and the associated implications for corporate governance pra... Read More

On the use of Qualitative Comparative Analysis in management (2015)
Journal Article
Konan, A., Kan, S., Adegbite, E., Omari, S. E., & Abdellatif, M. (2016). On the use of Qualitative Comparative Analysis in management. Journal of Business Research, 69(4), 1458-1463. doi:10.1016/j.jbusres.2015.10.125

Researchers now use qualitative comparative analysis (QCA) beyond its original purposes in political and sociological sciences and apply this method of analysis in the field of management. This article offers a comprehensive and critical review of al... Read More

Corporate Social Responsibility in SMEs: a shift from philanthropy to institutional works? (2015)
Journal Article
Amaeshi, K., Adegbite, E., Ogbechie, C., Idemudia, U., Anderson, K., Kan, S., …Anakwue, O. (2016). Corporate Social Responsibility in SMEs: a shift from philanthropy to institutional works?. Journal of Business Ethics, 138(2), 385-400

Corporate Social Responsibility (CSR) amongst Small and Medium Enterprises (SMEs) is often characterised in the literature as unstructured, informal, and ad hoc discretionary philanthropic activities. Drawing insights from recent theoretical/analytic... Read More