In this paper, we analyze what effects separating ownership and control have on the performance of a sample of 99 Chilean family-controlled firms for the period 2001–2014. Our results show an inverse U-shaped relationship between voting rights and cash flow rights divergence and firm value....

This paper addresses challenges relating to applying data mining techniques to detect stock price manipulations and extends previous results by incorporating the analysis of intraday trade prices in addition to closing prices for the investigation of trade-based manipulations. In particular,...

This paper analyzes recursive and rolling neural network models to forecast one-step-ahead sign variations in gold price. Different combinations of techniques and sample sizes are studied for feed forward and ward neural networks. The results shows the rolling ward networks exceed the recursive...

Financial markets are very important components of the world economy whose structure has changed substantially over the last thirty years primarily due to the use of information and communication technologies. Market monitoring and surveillance is an important process to the financial markets in...

Financial markets have grown in size and significance for the world economy over the last thirty years and at the same time, their structure has changed substantially primarily due to the use of information and communication technologies in areas such as algorithmic trading and connectivity...

The advances in trading technologies and networking infrastructures combined with the globalisation and competitive environment of the financial markets has increased the complexity and dynamics of markets making them difficult to understand and has raised a number of issues in relation to the...

The paper examines the role of social networking on the adoption of sustainability policies and related strategies. There is a growing consensus among corporate leaders that taking action on climate change is a responsible business decision and in many respects, it is a necessary action because...

Significant technological advancements have been made in trading platforms and trading infrastructures such as dark trading venues, broker-dealer crossing networks, high-frequency trading systems, etc. However, the impact of these on market participants is still poorly understood. Previous...

Purpose – Although the financial markets are regulated by robust systems and rules that control their efficiency and try to protect investors from various manipulation schemes, markets still suffer from frequent attempts to mislead or misinform investors in order to generate illegal profits....

This report discusses the preliminary results for the analysis of the Baltic Dry Index (BDI) using data mining techniques. The overall aim of the project is to investigate ways to identify trends or stages in the BDI associated with economic cycles, as well as other relationships with economic...