Firm Value

Corporate Culture: Evidence from the Field ArXiv ID: ssrn-2805602 “View on arXiv” Authors: Unknown Abstract Ninety-two percent of the 1,348 North American executives we survey believe that improving corporate culture would increase firm value. A striking 84% believe t Keywords: Corporate Culture, Firm Value, Organizational Behavior, Corporate Governance, Equities Complexity vs Empirical Score Math Complexity: 2.5/10 Empirical Rigor: 6.5/10 Quadrant: Street Traders Why: The paper relies on survey methodology and qualitative analysis of executive interviews, with limited advanced mathematical modeling. However, it demonstrates strong empirical rigor by analyzing a large dataset of 1,348 executives and cross-referencing survey responses with external data. flowchart TD A["Research Goal: Does Corporate Culture drive Firm Value?"] --> B["Methodology: Survey 1,348 Executives"] B --> C["Data Input: 92% Believe Culture improves Value"] B --> D["Data Input: 84% Believe Culture improves Performance"] C & D --> E{"Analysis: Statistical Correlation"} E --> F["Key Finding: Strong Consensus on Cultural Value"] F --> G["Outcome: Culture = Economic Driver"]

Dividend Policy and Its Impact on Stock Price – A Study on Commercial Banks Listed in Dhaka Stock Exchange ArXiv ID: ssrn-2724964 “View on arXiv” Authors: Unknown Abstract How do dividend policy decisions affect a firm’s stock price, is a widely researched topic in the field of investments and finance but still it remains a myster Keywords: dividend policy, stock price, firm value, payout ratio, investments, Equities Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 6.0/10 Quadrant: Street Traders Why: The paper uses standard econometric models and statistical tests like regression and correlation analysis, which are accessible but applied rigorously to real market data. The focus on dividend policy’s impact on stock prices involves data collection and empirical testing, making it implementation-heavy for practitioners. flowchart TD A["Research Question<br>Does dividend policy<br>impact stock prices?"] --> B["Data Collection<br>Commercial Banks<br>Dhaka Stock Exchange"] B --> C["Methodology<br>Regression Analysis<br>Payout Ratio vs Returns"] C --> D["Variables<br>Independent: Payout Ratio<br>Dependent: Stock Price"] D --> E["Computational Process<br>Panel Data Analysis<br>T-Test & Correlation"] E --> F["Key Findings<br>Positive correlation<br>High payout boosts price<br>Policy stability matters"]

The Link Between Job Satisfaction and Firm Value, with Implications for Corporate Social Responsibility ArXiv ID: ssrn-2054066 “View on arXiv” Authors: Unknown Abstract How are job satisfaction and firm value linked? I tackle this long-standing management question using a new methodology from finance. I study the effect on firm Keywords: Job Satisfaction, Human Capital, Firm Value, Labor Economics, Corporate Governance, Equity / Human Resources Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 3.0/10 Quadrant: Philosophers Why: The paper applies a finance methodology to a management question but shows no advanced mathematics or dense derivations in the excerpt. Empirical rigor appears low as it lacks mentions of backtests, specific datasets, or statistical metrics, focusing instead on theoretical linkage. flowchart TD A["Research Goal<br>Link between Job Satisfaction & Firm Value"] --> B["Data Source<br>Great Place to Work® Employee Reviews"] B --> C["Methodology<br>Hedonic Pricing Model from Finance"] C --> D{"Analysis"} D --> E["Compute: Implicit Wage Premium<br>in Job Satisfaction Scores"] D --> F["Compute: Firm Value Metric<br>e.g., Tobin's Q"] E & F --> G["Correlation & Regression Analysis"] G --> H["Key Outcome<br>Positive correlation found between<br>Job Satisfaction Premium & Firm Value"]

Does Corporate Governance Predict Firms’ Market Values? Evidence from Korea ArXiv ID: ssrn-1098690 “View on arXiv” Authors: Unknown Abstract We report strong OLS and instrumental variable evidence that an overall corporate governance index is an important and likely causal factor in explaining the ma Keywords: corporate governance index, OLS regression, instrumental variable, causal inference, firm value, Equities (Corporate Governance) Complexity vs Empirical Score Math Complexity: 3.0/10 Empirical Rigor: 7.0/10 Quadrant: Street Traders Why: The paper relies on standard OLS and IV econometric models (moderate math) and emphasizes causal identification using Korean governance data, indicating strong empirical testing. It is data-intensive but does not involve advanced mathematical derivations. flowchart TD A["Research Goal:<br>Does Corporate Governance<br>Predict Firm Value?"] --> B["Data Sources"] B --> C["Key Methodologies"] subgraph B ["Data/Inputs"] B1["Korean Firm Data"] B2["Corporate Governance Index"] B3["Market Value Metrics"] end subgraph C ["Methodology"] C1["OLS Regression"] C2["Instrumental Variable<br>Estimation"] end C --> D["Computational Process:<br>Causal Inference Analysis"] D --> E["Key Findings"] subgraph E ["Outcomes"] E1["Strong OLS Evidence"] E2["Instrumental Variable<br>Validation"] E3["Governance Index<br>Significantly Predicts<br>Firm Value"] end

Does Corporate Governance Predict Firms’ Market Values? Evidence from Korea ArXiv ID: ssrn-311275 “View on arXiv” Authors: Unknown Abstract We report strong OLS and instrumental variable evidence that an overall corporate governance index is an important and likely causal factor in explaining Keywords: corporate governance, OLS regression, instrumental variables, firm value, ownership structure, Equities (Corporate Governance) Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 7.0/10 Quadrant: Street Traders Why: The paper primarily uses OLS and instrumental variable (IV) regression methods without advanced mathematical derivations, placing math complexity at a low level. However, it demonstrates high empirical rigor with a clear backtest-ready design, including a proprietary index (KCGI), instrumental variables based on Korean legal rules, and sensitivity checks on market value metrics. flowchart TD A["Research Question: Does Corporate Governance<br>predict Korean firms' market value?"] A --> B["Data & Inputs<br>Firm-level governance & value data from Korea"] B --> C["Methodology: Core Analysis"] C --> D["OLS Regression<br>Initial association estimates"] C --> E["Instrumental Variables<br>Address endogeneity, estimate causal effect"] D & E --> F["Key Findings<br>Governance index significantly explains<br>and likely causes higher firm value"]