The role of market value management and liquidity management in the shareholder equity management-firm performance relationship

This research examines how Market Value Management (MVM) and Liquidity Management (LM) influence the relationship between Shareholder Equity Management and firm performance. Using data from 1166 Australian companies (2015–2023), we find that MVM and LM significantly moderate this U-shaped relationsh...

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Bibliographic Details
Main Authors: Chenxu Zhu, Xueji Liang, Jiayi Yao
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Business & Management
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Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2025.2464950
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