Similar Search Results

Lesmeister, Simon; Limbach, Peter; Goergen, Marc - 2018

We test the hypothesis that a specific aspect of culture - trust in others - affects shareholder voting behavior as it … shareholder meetings is lower in high-trust countries while the percentage of votes in support of management is higher. Shocks to … trust and IV regressions support this result. We also find that shareholder voting is more valuable in low-trust countries …

Persistent link: https://www.econbiz.de/10011879007

Trust and shareholder voting

Lesmeister, Simon; Limbach, Peter; Goergen, Marc - 2019 - This draft: January 2019

We test the hypothesis whether a specific aspect of culture - trust in others - affects shareholder voting behavior by … in high-trust countries while the percentage of votes in support of management proposals is higher. Shocks to trust and … monitoring when trust is high. …

Persistent link: https://www.econbiz.de/10011963228

The information content of registered insider trading under Lax law enforcement

Wisniewski, Tomasz Piotr; Bohl, Martin T. - 2002

Persistent link: https://www.econbiz.de/10001718821

The test of market efficiency and index arbitrage profitability on emerging Polish stock and futures index markets

Białkowski, Je̜drzej; Jakubowski, Jacek - 2003

Persistent link: https://www.econbiz.de/10001916043

Reexamination of the link between insider trading and price efficiency

Wisniewski, Tomasz Piotr - 2003

Persistent link: https://www.econbiz.de/10001782332

Insiders and the law: the impact of regulatory change on insider trading

Gilbert, Aaron; Tourani Rad, Alireza; Wisniewski, … - 2004

Persistent link: https://www.econbiz.de/10002456630

Specialist trading and the price discovery process of NYSE-Listed Non-US stocks

Phylaktis, Kate; Korczak, Piotr - 2004

Persistent link: https://www.econbiz.de/10002464168

The impact of regulatory change on insider trading profitability : some early evidence from New Zealand

Gilbert, Aaron; Tourani Rad, Alireza; Wisniewski, … - 2004

Persistent link: https://www.econbiz.de/10002464174

The value of tradeability

Chesney, Marc; Kempf, Alexander - 2010

This paper determines the value of asset tradeability in an option pricing framework. In our model, tradeability is valuable since it allows investors to exploit temporary mis-pricings of stocks. The model delivers several novel insights on the value of tradeability: The value of tradeability is...

Persistent link: https://www.econbiz.de/10008666521

Fund manager allocation

Fang, Jieyan; Kempf, Alexander; Gehde-Trapp, Monika - 2010

We study whether fund families efficiently allocate their fund managers to different market segments. Whether a fund manager can generate alpha simultaneously depends on her skills, and on the efficiency of the market segment in which she is employed. We show that in the more efficient...

Persistent link: https://www.econbiz.de/10008666528