Showing 1 - 10 of 96
Purpose – This paper seeks to identify factors potentially conditioning firms’ financial internationalization. Companies often internationalize their financial areas as part of their larger internationalization strategy. In other words, such an initiative is associated with the...
Persistent link: https://www.econbiz.de/10014940086
Purpose – The purpose of this paper is to analyze recent findings in the research on bankers' lending decision making, to merge relevant findings in psychology and economics and create a comprehensive review of the literature. Design/methodology/approach – The authors used a systematic...
Persistent link: https://www.econbiz.de/10014940266
Purpose – The purpose of this paper is to add to the literature on the impact of the Morningstar ratings by examining the impact of individual stock ratings in the Hare and Tortoise portfolios. Design/methodology/approach – This study uses an event study approach, where the effect of the...
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
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