This paper analyses the effects of labor intensity on a firm's operating risk and its expected stock returns. We isolate a pure labor intensity effect by using a relative measure with respect to the three-digit industry median level. We show that labor intensity is positively associated with...

Financial analysis software have known a strong development during these last years due to the fact of an evolution of the technical data-processings, but equally of the conflictual relationship between users and publishers. The development to the artificial intelligence transforms traditional...

Market prices make it possible to realise returns on capital investments in the electricity sector, but these prices may not necessarily be politically or socially acceptable. As a result, explicit or implicit price caps may be established. If these caps are effective, they may result in loss of...