Showing 1 - 10 of 113
Persistent link: https://www.econbiz.de/10011074211
This paper focuses on the CSR measures as major tool to manage a corporate social performance through the study of … these CSR measures. This analysis allows us to report a huge number of these measures within these companies. Moreover …, different control mechanisms using these tools were identified. The differences can be explained by both the oldness of CSR …
Persistent link: https://www.econbiz.de/10011082479
Under a comonotonicity assumption between aggregate dividends and the market portfolio, the CCAPM formula becomes more tractable and more easily testable. In this paper, we provide theoretical justifications for such an assumption.
Persistent link: https://www.econbiz.de/10010905244
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This paper constructs a general equilibrium model of banking and financial markets. The model allows to compare financial systems in which banks have access to financial markets with financial systems in which banks do not have access to financial markets. Allen and Gale [A welfare comparison of...
Persistent link: https://www.econbiz.de/10011273977
Contemporary financial markets have recently witnessed a sea change with the ‘algorithmic revolution’, as trading automats are used to ease the execution sequences and reduce market impact. Being constantly monitored, they take an active part in the shaping of markets, and sometimes generate...
Persistent link: https://www.econbiz.de/10010706588
financial logic of the asset-management field. In this comment, we build on this prior research to contest Arjaliès’ perspective …
Persistent link: https://www.econbiz.de/10010706673
In the last forty years, the theory of financial markets has become a growing field of interest for academics as well as for practitioners. We present here an overview of the main topics.
Persistent link: https://www.econbiz.de/10010706711
Persistent link: https://www.econbiz.de/10010706864
This paper constructs a general equilibrium model of the interaction between financial intermediaries and financial markets that sheds some light on the short-term volatility of real interest rates. The main findings of the paper are as follows. When financial intermediaries issue contingent...
Persistent link: https://www.econbiz.de/10010707316