CFO Overconfidence and Conditional Accounting Conservatism (2023)
Journal Article
Qiao, L., Adegbite, E., & Nguyen, H. T. (in press). CFO Overconfidence and Conditional Accounting Conservatism. Review of Quantitative Finance and Accounting,

This study investigates the association between Chief Financial Officers (CFOs) overconfidence and conditional accounting conservatism. Relying on upper echelons and overconfidence theories and based on a large sample of US-listed firms' data from 19... Read More about CFO Overconfidence and Conditional Accounting Conservatism.

Nigerian professional investors' sense-making of the impact of shareholder activism on corporate accountability (2023)
Journal Article
Ashiru, F., Adegbite, E., & Nakpodia, F. (2023). Nigerian professional investors' sense-making of the impact of shareholder activism on corporate accountability. Journal of Accounting and Public Policy, 42(4), Article 107114. https://doi.org/10.1016/j.jaccpubpol.2023.107114

This study investigates the perceptions of professional investors (PIs) on the impact of three groups of shareholder activists (i.e., reputable, sophisticated, or institutional) on corporate accountability in a weak institutional context and how this... Read More about Nigerian professional investors' sense-making of the impact of shareholder activism on corporate accountability.

Female directorship and ethical corporate governance disclosure practices in highly patriarchal contexts (2023)
Journal Article
Areneke, G., Adegbite, E., Tunyi, A., & Hussain, T. (2023). Female directorship and ethical corporate governance disclosure practices in highly patriarchal contexts. Journal of Business Research, 164, Article 114028. https://doi.org/10.1016/j.jbusres.2023.114028

We examine whether and to what extent female directors impact on ethical CG disclosure practices in a highly patriarchal sub-Saharan African country—Nigeria. Using hand-collected data for 108 listed firms from 2011 to 2017 (756 firm-year observations... Read More about Female directorship and ethical corporate governance disclosure practices in highly patriarchal contexts.

Chief financial officer overconfidence and earnings management (2023)
Journal Article
Qiao, L., Adegbite, E., & Nguyen, T. (2023). Chief financial officer overconfidence and earnings management. Accounting Forum, https://doi.org/10.1080/01559982.2023.2196045

This study explores the relationship between overconfident Chief Financial Officers (CFOs) and earnings management. Through the lens of upper echelons and overconfidence theories, and using a large sample of 14,156 observations of US firms from 1999... Read More about Chief financial officer overconfidence and earnings management.

Corporate Governance and Corporate Political Responsibility (2023)
Journal Article
Ali, H., Adegbite, E., & Nguyen, T. H. (2023). Corporate Governance and Corporate Political Responsibility. Business and Society, 62(7), 1496–1540. https://doi.org/10.1177/00076503231157725

This study investigates the pivotal policy question of whether a firm’s corporate governance influences its political spending disclosures. Using a sample of S&P 500 firms from 2011 to 2019, we find empirical evidence that a board of directors’ monit... Read More about Corporate Governance and Corporate Political Responsibility.

Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality (2023)
Journal Article
Kwabi, F. . O., Adegbite, E., Ezeani, E., Wonu, C., & Mumbi, H. (2023). Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality. International Journal of Finance and Economics, https://doi.org/10.1002/ijfe.2760

Using panel data of 42 countries from 2001 to 2019, we examine whether political uncertainty (caused by uncertainty about national elections) explains variations in cross-country liquidity, market size, and transaction cost. We also investigate wheth... Read More about Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality.

Chief financial officer overconfidence and stock price crash risk (2022)
Journal Article
Qiao, L., Adegbite, E., & Nguyen, T. H. (2022). Chief financial officer overconfidence and stock price crash risk. International Review of Financial Analysis, 84, Article 102364. https://doi.org/10.1016/j.irfa.2022.102364

Numerous studies have shown the prevalence of overconfidence among Chief Financial Officers (CFOs). Surprisingly, the real effect of CFO overconfidence is under-researched. Using data from a large sample of US-listed firms over the period 1993–2019 a... Read More about Chief financial officer overconfidence and stock price crash risk.

Ownership Structure and Political Spending Disclosure (2022)
Journal Article
Ali, H., Adegbite, E., & Nguyen, T. H. (2022). Ownership Structure and Political Spending Disclosure. Accounting Forum, 46(2), 160-190. https://doi.org/10.1080/01559982.2021.1929006

This study examines the link between ownership structure and political spending disclosure (PSD). We break down ownership into four different groups of shareholders: institutional, insider, governmental and foreign. Using a unique dataset provided by... Read More about Ownership Structure and Political Spending Disclosure.

Relational governance mechanisms as enablers of dynamic capabilities in Nigerian SMEs during the COVID-19 crisis (2022)
Journal Article
Ashiru, F., Adegbite, E., Nakpodia, F., & Koporcic, N. (2022). Relational governance mechanisms as enablers of dynamic capabilities in Nigerian SMEs during the COVID-19 crisis. Industrial Marketing Management, 105, 18-32. https://doi.org/10.1016/j.indmarman.2022.05.011

During the COVID-19 crisis, small and medium-sized enterprises (SMEs) in developing markets, marred by significant institutional voids, grappled with a perennial lack of resources. This article seeks to understand how these SMEs activated their dynam... Read More about Relational governance mechanisms as enablers of dynamic capabilities in Nigerian SMEs during the COVID-19 crisis.

Transfer of corporate governance practices into weak emerging market environments by foreign institutional investors (2022)
Journal Article
Areneke, G., Adegbite, E., & Tunyi, A. (2022). Transfer of corporate governance practices into weak emerging market environments by foreign institutional investors. International Business Review, 31(5), Article 101978. https://doi.org/10.1016/j.ibusrev.2022.101978

We advance the practice transfer theorising of corporate governance (CG) by developing a framework that uncovers how foreign institutional investors (FIIs) improve on CG practices of firms in weak institutional environments. Using hand-collected data... Read More about Transfer of corporate governance practices into weak emerging market environments by foreign institutional investors.