Showing 1 - 10 of 76
Purpose – The purpose of this paper is to develop and test a model that can be used to help students learn the investment analysis process and accurately identify good and bad investment opportunities. Design/methodology/approach – The model tested in this research was developed by a former...
Persistent link: https://www.econbiz.de/10010814877
PPurpose – The purpose of this paper is to illustrate the effectiveness of integrating a portfolio simulation-based trading program with the top-down approach to fundamental analysis in a security analysis course. The simulation allows for the application of class material using a combination...
Persistent link: https://www.econbiz.de/10010814890
Purpose – The purpose of this paper is to illustrate the effectiveness of integrating a portfolio simulation‐based trading program with the top‐down approach to fundamental analysis in a security analysis course. The simulation allows for the application of class material using a...
Persistent link: https://www.econbiz.de/10014940257
Purpose – The purpose of this paper is to develop and test a model that can be used to help students learn the investment analysis process and accurately identify good and bad investment opportunities. Design/methodology/approach – The model tested in this research was developed by a former...
Persistent link: https://www.econbiz.de/10014940259
Purpose - The purpose of this research paper is to clarify why shareholders should be prudent when managers promise value gains from a synergetic merger. Design/methodology/approach -The paper proposes a simple two-state model of stochastic firm cash flows which allows for a discussion of wealth...
Persistent link: https://www.econbiz.de/10010814836
Purpose - This paper aims to analyze bank efficiency into a number of bank-specific, industry-specific and macroeconomic determinants. Design/methodology/approach -The authors follow a semi-parametric two-stage methodology, where productive efficiency is derived via a non-parametric technique in...
Persistent link: https://www.econbiz.de/10010814871
Purpose -The purpose of the paper is to focus on the rating, ranking and valuing of firms. Design/methodology/approach -Fuzzy logic and expert systems are used in order to provide a score for the firm(s) under consideration, representing the firm value-creating power. Findings -The fuzzy expert...
Persistent link: https://www.econbiz.de/10010814887
Purpose – The paper is aimed at modelling time varying betas via a state space representation in order to decompose the …
Persistent link: https://www.econbiz.de/10010741370
about the Libor Market Model (LMM) tackle the problems of modelling the forward curve with more than two factors and …
Persistent link: https://www.econbiz.de/10010751910
Purpose -This paper seeks to deal with the problem of the anomalous negative price-earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach -The simple earnings capitalization model is employed to investigate the association between price and earnings...
Persistent link: https://www.econbiz.de/10010751915