Showing 1 - 10 of 151
The uncertainty in the financial market, whether the US—China trade war will slow down the global economy or not … uncertainty based on the news text. Further, we proposed an extended topic model that uses not only news text data but also … uncertainty indices. All these indices were similar to those observed in the historical macroeconomic events. The correlation was …
Persistent link: https://www.econbiz.de/10012302719
Investment decisions in the field of sustainable development should be taken based on an economic calculation, taking into account the analysis of a diverse economic environment. The economic calculus of an enterprise is treated as a kind of way of thinking about the rationality of decisions...
Persistent link: https://www.econbiz.de/10012415456
daily infectious diseases-related uncertainty (EMVID) for international stock markets volatilities is examined using … portfolio managers amid high levels of uncertainty resulting from infectious diseases are discussed. …
Persistent link: https://www.econbiz.de/10012813501
The consequences of COVID-19 will aggravate existing multidimensional risks and reveal new ones. The research gap allows contributing to recognizing the exogenous risk factors of corporate bankruptcy during the COVID-19 pandemic in EU countries. This study aims at revealing how to evaluate the...
Persistent link: https://www.econbiz.de/10012799152
We examine the mediating role of capital structure in the perceived relationship of uncertainty, corporate social … find that CFOs perceive uncertainty, CSR and stakeholder interest to have both direct and indirect impacts on financial …
Persistent link: https://www.econbiz.de/10012305141
whether perceived uncertainty affects the decision to contribute to crowdfunding campaigns. For this purpose, we conduct a 2 … depicted in campaigns. Our findings show that an early development stage positively affects perceived uncertainty, adversely … affecting the willingness to contribute. Simultaneously, higher perceived innovativeness elicits higher uncertainty perceptions …
Persistent link: https://www.econbiz.de/10013382227
We examine several measures of uncertainty to make five points. First, equity market traders and executives at … nonfinancial firms have shared similar assessments about one-year-ahead uncertainty since the pandemic struck. Both the one …-year VIX and our survey-based measure of firm-level uncertainty at a one-year forecast horizon doubled at the onset of the …
Persistent link: https://www.econbiz.de/10013375282
life of these relatively new financial assets, the COVID-19 pandemic. Uncertainty was evaluated using Shannon’s symbolic …, the analyzed cryptocurrencies’ returns exhibited similar patterns of uncertainty and risk. Levels of uncertainty were … close to the maximum values, but high uncertainty is not always associated with high risk. During the pandemic crisis …
Persistent link: https://www.econbiz.de/10013475240
This paper investigates the performance and characteristics of survivor stocks in the S&P 500 index. Using both in-sample and out-of-sample comparisons, survivor stocks outperformed this market index by a considerable margin. Relative to other S&P 500 index companies, survivor stocks tend to be...
Persistent link: https://www.econbiz.de/10012888297
This study investigates the tail dependence structures of sovereign credit default swaps (CDSs) and three global risk factors in BRICS countries using a copula approach, which is popular for capturing the “true” tail dependence based on the “distribution-adjusted” joint marginals. The...
Persistent link: https://www.econbiz.de/10013161740