Narrow search
Showing 1 - 10 of 76
Cover Image
Does Corporate Governance Matter in Competitive Industries?
Giroud, Xavier - 2010
By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a...
Persistent link: https://www.econbiz.de/10012757546
Cover Image
Do Hot Hands Exist Among Hedge Fund Managers? An Empirical Evaluation
Jagannathan, Ravi - 2009
We examine whether hot hands exist among hedge fund managers. In measuring performance persistence, we use hedge fund style benchmarks. This allows us to identify managers with valuable skills, and also to control for option-like features inherent in returns from hedge fund strategies. We take...
Persistent link: https://www.econbiz.de/10012767433
Cover Image
Fifty Ways to Leave a Child Behind : Idiosyncrasies and Discrepancies in States' Implementation of Nclb
Davidson, Elizabeth - 2013
Yearly Progress. While the federal government's legislation provided a framework for NCLB implementation, it also gave states …% across states. In this paper, we explore how states' NCLB implementation decisions affected their schools' failure rates … characteristics like enrollment size, grade span, and ethnic diversity. Subtle differences in policy implementation led to dramatic …
Persistent link: https://www.econbiz.de/10013082653
Cover Image
Ambulance Utilization in New York City after the Implementation of the Affordable Care Act
Courtemanche, Charles - 2018
dispatches for more severe injuries, dispatches for minor injuries rose sharply after the implementation of the ACA. By contrast …
Persistent link: https://www.econbiz.de/10012922223
Cover Image
The Trillion Dollar Conundrum : Complementarities and Health Information Technology
Dranove, David - 2015
We examine the relationship between the adoption of EMR and hospital operating costs. We first identify a puzzle that has been seen in prior studies: Adoption of EMR is associated with a slight cost increase. We draw on the literature on IT and productivity to demonstrate that the average effect...
Persistent link: https://www.econbiz.de/10013036633
Cover Image
Estimating the Effects of Large Shareholders Using a Geographic Instrument
Becker, Bo - 2011
Large shareholders may play an important role for firm performance and policies, but identifying this empirically presents a challenge due to the endogeneity of ownership structures. We develop and test an empirical framework which allows us to separate selection from treatment effects of large...
Persistent link: https://www.econbiz.de/10013120315
Cover Image
Performance Evaluation of Zero Net-Investment Strategies
Jorda, Oscar - 2011
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
Cover Image
Using Student Test Scores to Measure Principal Performance
Grissom, Jason A. - 2012
Expansion of the use of student test score data to measure teacher performance has fueled recent policy interest in using those data to measure the effects of school administrators as well. However, little research has considered the capacity of student performance data to uncover principal...
Persistent link: https://www.econbiz.de/10013097278
Cover Image
Cyclicality, Performance Measurement, and Cash Flow Liquidity in Private Equity
Robinson, David T. - 2014
Public and private equity waves move together. Using quarterly cash-flow data for a large sample of venture capital and buyout funds from 1984-2010, we investigate the implications of this co-cyclicality for understanding private equity cash flows and performance. In the cross-section, varying...
Persistent link: https://www.econbiz.de/10013067387
Cover Image
Intangible Investment and Firm Performance
Chappell, Nathan - 2018
We combine survey and administrative data for about 13,000 New Zealand firms from 2005 to 2013 to study intangible 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...
Persistent link: https://www.econbiz.de/10012925908