In this paper, we study the sensitivity of insurance companies' stock returns with respect to expected and unexpected … general, insurance stock returns are only sensitive to the unexpected changes in the Federal funds target rate, but not to the …

completely compatible with the letter and spirit of divine Islamic law or shariah, and how Islamic investment is considered for … shariah make Muslim investors' participation in the stock market a special case of ethical investment. This paper discusses a … passing these tests are designated as shariah-compliant stocks or halal investments and these stocks form the investment …

This paper demonstrates that rating-based capital requirements, through their impact on insurers' investment demand …, affect corporate bond prices. Consistent with insurers' low demand for investment-grade (IG) bonds with a rating close to non-investment …

Value investment and growth investment have attracted a large amount of research in recent decades, but most of this … underdeveloped, particularly when compared to markets such as the U.S. Hence, its behavior regarding value versus growth investment …

investment. Exploiting the separation of announcement and payment at the daily frequency, we find dividends in particular … estimate an asset demand elasticity of 1.25 and document a releveraging market feedback effect on investment, where firms …