Showing 1 - 10 of 34
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
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
Purpose – The purpose of this paper is to determine if macroeconomic announcements affect the Fama-French market, size, book-to-market risk factors and momentum factor. Design/methodology/approach – Using unexpected announcements of major macroeconomic indicators, a study is made of how...
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 …
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
PPurpose – The purpose of paper is to provide students with a sorting methodology to select securities and build portfolios. Design/methodology/approach – This paper uses various accounting variables for all firms in the S&P 500, sorted by sector. The fundamental metrics are converted into...
Persistent link: https://www.econbiz.de/10009275412
Purpose – This paper aims to examine whether investment efficiency improves after publicly-traded firms are taken private. Design/methodology/approach – The analysis uses univariate comparisons and regression analysis of panel data. Findings – Before going private, firms' investment ratios...
Persistent link: https://www.econbiz.de/10010691519