Narrow search
Showing 1 - 10 of 9,898
Cover Image
An Analysis of the Dependence of the Spanish Fisheries Industry on the Financial Instrument for Fisheries Guidance
HERNANDEZ-MORA, José Antonio VIDAL; RENART, Marcos ANTÓN - In: European Financial and Accounting Journal 2009 (2009) 2, pp. 34-64
. The Financial Instrument for Fisheries Guidance (FIFG) has been the tool deployed by the European authorities to increase …Fisheries are an important economic sector in the EU subject to an important restructuring in the most recent years … Spanish fisheries firms, determining their indebtedness, solvency, and profitability. We also analyse if those firms included …
Persistent link: https://www.econbiz.de/10011195333
Cover Image
An analysis of the dependence of the Spanish fisheries industry on the financial instrument for fisheries guidance
Hernandez-Mora, José Antonio Vidal; Renart, Marcos Antón - In: European financial and accounting journal : EFAJ 4 (2009) 2, pp. 34-64
. The Financial Instrument for Fisheries Guidance (FIFG) has been the tool deployed by the European authorities to increase …Fisheries are an important economic sector in the EU subject to an important restructuring in the most recent years … Spanish fisheries firms, determining their indebtedness, solvency, and profitability. We also analyse if those firms included …
Persistent link: https://www.econbiz.de/10011459455
Cover Image
The impact of order size on stock liquidity : a representative study
Stange, Sebastian (contributor);  … - 2008
Liquidity, the ease of trading an asset, strongly varies between different sizes of stock positions. We analyze this aspect using the Xetra Liquidity Measure (XLM), which calculates daily, weighted spread for impatient traders transacting against the limit order book. For this measure, we have...
Persistent link: https://www.econbiz.de/10003783766
Cover Image
Main flaws of the collateralized debt obligation's valuation before and during the 2008/2009 global turmoil
Benešová, Petra; Teplý, Petr - 2010
As a result of the 2008 financial crisis, the world credit markets stalled significantly and raised the doubts of market participants and policymakers about the proper and fair valuation of financial derivatives and structured products such as collateralized debt obligations (CDOs). The aim of...
Persistent link: https://www.econbiz.de/10003958595
Cover Image
Modellierung des Kreditrisikos im Einwertpapierfall
Cremers, Heinz; Walzner, Jens - 2009
The current financial market crisis has impressively demonstrated the importance of an effective credit risk management for financial institutions. At the same time, the use and the valuation of credit derivatives has been widely criticised as a result of the crisis. Over the past decade, credit...
Persistent link: https://www.econbiz.de/10003874931
Cover Image
Modellierung des Kreditrisikos im Portfoliofall
Cremers, Heinz; Walzner, Jens - 2009
The current financial market crisis has impressively demonstrated the importance of an effective credit risk management for financial institutions. At the same time, the use and the valuation of credit derivatives has been widely criticised as a result of the crisis. Over the past decade, credit...
Persistent link: https://www.econbiz.de/10003874932
Cover Image
Do analysts' preferences affect corporate policies?
Degeorge, François; Derrien, François; Kecskés, Ambrus; … - 2013
Equity research analysts tend to cover firms about which they have favorable views. We exploit this tendency to infer analysts' preferences for corporate policies from their coverage decisions. We then use exogenous analyst disappearances to examine the effect of these preferences on corporate...
Persistent link: https://www.econbiz.de/10009750620
Cover Image
Market reactions to the closest peer firm's analyst revisions
Hope, Ole-Kristian; Zhao, Wuyang - 2016
Prior analyst literature focuses on the impact of financial analysts on the firms they cover, and prior information-transfer literature concentrates on the externalities of information provided by management. This paper fills gaps in both streams of literature by examining the focal firm's...
Persistent link: https://www.econbiz.de/10011547602
Cover Image
The choice of valuation techniques in practice : education versus profession
Mukhlynina, Lilia; Nyborg, Kjell G. - 2016
We use a survey approach to learn about valuation professionals' choices and implementations of valuation techniques in practice. The survey design allows us to control for a respondent's professional subgroup (e.g., consulting), education, experience, and valuation purpose characteristics. We...
Persistent link: https://www.econbiz.de/10011518764
Cover Image
Quis pendit ipsa pretia : facebook valuation and diagnostic of a bubble based on nonlinear demographic dynamics
Cauwels, Peter; Sornette, Didier - 2011
We present a novel methodology to determine the fundamental value of firms in the social networking sector, motivated by recent realized IPOs and by reports that suggest sky-high valuations of firms such as facebook, Groupon, LinkedIn Corp., Pandora Media Inc, Twitter, Zynga. Our valuation of...
Persistent link: https://www.econbiz.de/10009561752