Showing 1 - 10 of 211
We analyze the value of investor relations (IR) strategies to IPO firms. We find that firms that are less visible and have inexperienced management tend to hire IR consultants prior to the issue date. IR consultants help create positive news coverage before an IPO event as reflected in a more...
Persistent link: https://www.econbiz.de/10014105219
This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data on 37 countries from 1996-2007, we find that bank stocks are more aligned with the whole market (1) during the financial crisis; (2) in countries that have more credit provided...
Persistent link: https://www.econbiz.de/10012981203
This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market during the financial crisis; in countries that have more credit provided by...
Persistent link: https://www.econbiz.de/10013104217
Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … recent financial crisis suggests that aggressive diversification strategies may have resulted in increased risk taking and … diversification strategies and the risk-return tradeoff in banking. Our data set covers Russian banks during the 1999-2006 period and …
Persistent link: https://www.econbiz.de/10013139765
Persistent link: https://www.econbiz.de/10011389071
the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure …
Persistent link: https://www.econbiz.de/10014451331
Persistent link: https://www.econbiz.de/10014477001
Pástor and Veronesi (2012) develop a general equilibrium model to examine the relation between policy uncertainty and asset prices. Extending to their study, we develop a novel measure of firms’ uncertainty about the change in bilateral trade flows between each country and the US. We...
Persistent link: https://www.econbiz.de/10014362466
the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure …
Persistent link: https://www.econbiz.de/10014448309
This study investigates whether the capital market values the efficiency of firms. After tracing stock returns and efficiency changes of 399 listed insurance firms in 52 countries during the 2002-2008 period, the paper reports a positive and statistically significant relationship between profit...
Persistent link: https://www.econbiz.de/10013075608