Showing 1 - 10 of 34
of the reports. The significant impact of the Hare portfolio appears to be related to risk and growth factors and the new …
Persistent link: https://www.econbiz.de/10010540355
investments. Design/methodology/approach – A sample of 101 syllabi of the first investments course taught in various AACSB … components and their weights, and course contents based on various investments topics. Findings – Classroom practices of … investments professors differ considerably. There is virtually nothing that is universally applied by investments faculty. There …
Persistent link: https://www.econbiz.de/10009245367
PPurpose – The purpose of this paper is to examine the relationship between underwriter reputation and initial public offerings (IPOs) initial returns over a 24-year period, from 1980 to 2003. Design/methodology/approach – Two-stage least-squares regression analysis on data from IPOs offered...
Persistent link: https://www.econbiz.de/10009319833
Purpose – The purpose of this paper is to present evidence on the effects that different ownership's structures of Greek listed firms exercise on the relation between investment and liquidity constraints. Design/methodology/approach – Corporate governance in Greece is primarily based on the...
Persistent link: https://www.econbiz.de/10009319844
Purpose – While an operation's unlevered value is objective, the value of the debt tax shield is subjective since it depends on the capital structure policy of the firm that owns the operation. The purpose of this paper is to explore the implications of this subjective nature of debt tax...
Persistent link: https://www.econbiz.de/10010551583
, book-to-market risk factors and momentum factor. Design/methodology/approach – Using unexpected announcements of major … macroeconomic indicators, a study is made of how daily innovations of risk factors react to macroeconomic shocks. In a Flannery and … Protopapadakis framework, the impact of macroeconomics surprises on the levels and volatilities of the risk factors is measured. A …
Persistent link: https://www.econbiz.de/10009275369
conducted for a long period and for a short period. Findings – The results of the study indicate that investments in portfolios … of debt free firms tend to generate higher returns than investments in their peers of portfolios of leveraged firms over …
Persistent link: https://www.econbiz.de/10009275385
Purpose – Given the size and growing importance of socially responsible (SR)-related funds and investments, the purpose … of this paper is to see if those who invest in socially responsible investments (SRIs) conform to a particular profile …/implications – Further research is needed to determine if the higher risk aversion of women and their greater concern for the environment …
Persistent link: https://www.econbiz.de/10009275397
Purpose – This study aims to examine the market returns of the Ukrainian stock and bond markets to determine whether they exhibit calendar anomalies including the January effect, weekend effect, and turn-of-the-month (TOM) effect. Ukraine provides an opportunity to examine the efficiency of an...
Persistent link: https://www.econbiz.de/10009275408
Purpose – Market-timing skills of fund managers are an important issue for both mutual fund investors and researchers. The purpose of this paper is to analyze the market-timing skills and determinants of performance of sector funds across business cycles to see whether sector fund managers...
Persistent link: https://www.econbiz.de/10009275411