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This study investigates how commercial paper rates respond to the innovations in stock market risk premiums. The unrestricted vector autoregression (VAR) analysis of monthly data from 1997:1 to 2012:M6 shows that the changes in the one-, two-, and three-month non-financial and financial...
Persistent link: https://www.econbiz.de/10009746049
This paper shows that most admired companies generate admirable stock performance relative to the market. The current study analyses risk premiums and risk-adjusted excess returns of a portfolio of firms ranked as the most admired companies in the United States from 2006 to 2011. The results...
Persistent link: https://www.econbiz.de/10009741532
This paper shows that most admired companies generate admirable stock performance relative to the market. The current study analyses risk premiums and risk-adjusted excess returns of a portfolio of firms ranked as the most admired companies in the United States from 2006 to 2011. The results...
Persistent link: https://www.econbiz.de/10010118415
This study investigates how commercial paper rates respond to the innovations in stock market risk premiums. The unrestricted vector autoregression (VAR) analysis of monthly data from 1997:1 to 2012:M6 shows that the changes in the one-, two-, and three-month non-financial and financial...
Persistent link: https://www.econbiz.de/10010148283
Persistent link: https://www.econbiz.de/10011543631
Persistent link: https://www.econbiz.de/10011544139
This paper examines if firms with the most racially diverse employees enjoy superior benefits and performance above the market average. The problem of the study is to analyze risk premiums and risk-adjusted excess returns of a portfolio of firms with most diverse employees in the United States...
Persistent link: https://www.econbiz.de/10013113572
This paper, using the resource-based view of the firm as the theoretical background, is to determine whether the integration of training in the firm's business strategies increases the impact of training on the firm's competitiveness. A regression analysis of the data obtained from a survey of...
Persistent link: https://www.econbiz.de/10013123550
This paper explores the contribution of various financial measures in explaining the variability in a firm's dividend payments. Ordinary least squares analysis of data from 2003 to 2007 shows that approximately 71% of the variability in dividend payments is explained by the firm's expected...
Persistent link: https://www.econbiz.de/10013123552
The purpose of the current study is to explore various factors influencing managerial decision between cost reduction and product differentiation. A multiple logistic regression model is constructed to determine the likelihood of managerial tendency toward cost reduction or product...
Persistent link: https://www.econbiz.de/10013123561