In the context of modern portfolio theory, we compare the out-of-sample performance of 8 investment strategies which … are based on statistical methods with the out-of-sample performance of a family of trivial strategies. A wide range of … and a risk-free asset. We provide a way to extend the concept of minimum-variance strategies in the context of short …

-interested. Future research may examine the seasonal pattern in countries with more stringent regulation of financial professionals or …

affect investment, particularly R&D expenditures, when firms have financial covenants that are affected by changes in GAAP …

This article provides a comprehensive assessment of private firms' financing sources and their relation with financial … differential demand for and supply of financial reporting …

This article provides a comprehensive assessment of private firms' financing sources and their relation with financial … differential demand for and supply of financial reporting …

and organizational outcomes such as firm value, operating performance, and financial reporting quality in order to draw …