Showing 1 - 10 of 106
Large shareholders may play an important role for firm performance and policies, but identifying this empirically …
Persistent link: https://www.econbiz.de/10013120315
This paper introduces new nonparametric statistical methods to evaluate zero-cost investment strategies. We focus on directional trading strategies, risk-adjusted returns, and the investor's decisions under uncertainty as the core of our analysis. By relying on classification tools with a long...
Persistent link: https://www.econbiz.de/10013123682
Expansion of the use of student test score data to measure teacher performance has fueled recent policy interest in … capacity of student performance data to uncover principal effects. Filling this gap, this article identifies multiple … consistent with measures of principal performance that come from sources other than student test scores, such as school district …
Persistent link: https://www.econbiz.de/10013097278
flows and performance. In the cross-section, varying the beta used to assess relative performance has a large effect on … liquidity providers (sinks) when market valuations are high (low). Venture cash flows and performance are considerably more …
Persistent link: https://www.econbiz.de/10013067387
investment and firm performance. We find that firm size and moderate competition is associated with higher intangible investment …, while firm age is associated with lower intangible investment. Examining firm performance, we find that higher investment is … and 'soft' performance objectives, but not with productivity or profitability …
Persistent link: https://www.econbiz.de/10012925908
billing data that do not reflect actual payments made. Although the responsiveness of prices to hospital performance depends … assumed that higher performing hospitals are able to command higher prices. To test this hypothesis we construct performance … performance. The effects were consistently negative in all models (adverse quality reduces price), though not significant. However …
Persistent link: https://www.econbiz.de/10013075865
This paper proposes a Bayesian method of performance evaluation for investment managers. We begin with a flexible set … zero investment in managers with the best past performance …
Persistent link: https://www.econbiz.de/10012774817
Measuring the performance of private equity investments (buyout and venture) has historically only been possible over … approach to evaluating performance using actual prices paid for limited partner shares of funds in secondary markets. We … construct indices of buyout and venture capital performance using a proprietary database of secondary market prices between 2006 …
Persistent link: https://www.econbiz.de/10012908484
while firms in non-competitive industries experience a significant drop in operating performance after the laws' passage …
Persistent link: https://www.econbiz.de/10012757546
related to eleven measures of economic, democratic, and rights performance. Three conclusions follow. First, decentralized … and civil rights, and then because of such rights protections, to enhance private sector economic performance. Second …, while policy decentralization is the key to federalism's strong rights and economic performance and can be achieved within a …
Persistent link: https://www.econbiz.de/10012759607