transaction costs are taken into account. We show that the impact of transaction costs on the strategies' profitability can … significantly reduces trading costs. Applying a more sophisticated portfolio construction algorithm to lower turnover reduces … trading costs even further. Our finding that reversal strategies generate 30 to 50 basis points per week net of transaction …

transaction costs are taken into account. We show that the impact of transaction costs on the strategies' profitability can … significantly reduces trading costs. Applying a more sophisticated portfolio construction algorithm to lower turnover reduces … trading costs even further. Our finding that reversal strategies generate 30 to 50 basis points per week net of transaction …

We examine how profitability of long–short arbitrage strategies based on anomalies is affected after adjustment for two … shorting costs: implicit cost due to unavailability of stocks in the short-leg to sell short and loan fee actually paid to … sample period from January 2006 to December 2017. After adjustment for these shorting costs, long–short arbitrage profits are …

money in the costs of those suits. Class counsel may directly profit on time investments in two ways: by billing lawyers at … choice between investing profitable time or reimbursable costs, profit-maximizing attorneys will find time investment more … lawyers. Centering costs — and considering measures as conventionally discouraged as permitting third parties to profit from …

This paper investigates whether family ownership affects a firm’s cost behavior and profitability. We find that in … response to changes in business activity level, family firms adjust their costs differently than non-family firms. That is …, family firms decrease costs more sharply upon a sales decline than they increase costs upon a sales raise of a similar …