Table of Contents

• Date: 01 January 2016
• Published date: 01 January 2016
• DOI: http://doi.org/10.1111/jbfa.12141

Journal of Business Finance & Accounting

January/February 2016 Vol. 43 Nos 1 & 2

Contents

Corporate Social Performance, Competitive Advantage, Earnings

Persistence and Firm Value

by ALAN GREGORY,JULIE WHITTAKER AND XIAOJUAN YAN 3

The Market Response to Beating After-tax Earnings Targets Revisited using

Analysts’ Pre-tax Earnings Forecasts and Concurrent Tax Note Disclosures

by KATHLEEN HERBOHN,IRENE TUTTICCI AND ZHI TAN 31

Abnormal Returns from Takeover Prediction Modelling: Challenges and

Suggested Investment Strategies

by JODANBOLT,ANTONIOS SIGANOS AND ABONGEH TUNYI 66

Analyst Report Readability and Stock Returns

by CHIA-CHUN HSIEH,KAI WAI HUI AND YAO ZHANG 98

Stock-Based Compensation in a Concentrated Ownership Setting:

An Empirical Investigation

by JIA-WEN LIANG AND CHEN LUNG CHIN 131

The Effects of Corporate and Country Sustainability Characteristics on

The Cost of Debt: An International Investigation

by ANDREAS HOEPNER,IOANNIS OIKONOMOU,BERT SCHOLTENS

AND MICHAEL SCHR ¨ODER 158

Industry Expertise, Information Leakage and the Choice of M&A Advisors

by XIN CHANG,CHANDER SHEKHAR,LEWIS H. K. TAM AND JIAQUAN YAO 191

Bank Liquidity Creation and Risk-Taking: Does Managerial Ability Matter?

by PANAYIOTIS C. ANDREOU,DENNIS PHILIP AND PETER ROBEJSEK 226