Showing 41 - 50 of 432
Persistent link: https://www.econbiz.de/10002361450
Persistent link: https://www.econbiz.de/10006961865
Persistent link: https://www.econbiz.de/10003383774
Persistent link: https://www.econbiz.de/10003403514
This paper compares investor sentiment measures based on consumer confidence surveys with measures extracted from the closed-end fund discount (CEFD). Our evidence suggests that these two kinds of sentiment measures do not correlate well with one another. For a short 2 - 4 year period in which...
Persistent link: https://www.econbiz.de/10012467896
We propose a reliability growth model that incorporates data from multiple stages of testing and acknowledges fixes implemented at the end of each stage. Competitive pressure and governmental regulations compress the time that can be devoted to product development. Limitations on budgets for...
Persistent link: https://www.econbiz.de/10009430878
Persistent link: https://www.econbiz.de/10012809951
Purpose – The purpose of this paper is to examine the relationship between IPO lockups and founder-CEOs’ compensation and incentives in newly public firms. The paper argues that existence and length of lockup agreements are affected by bargaining power of founders, which will consequently...
Persistent link: https://www.econbiz.de/10014785672
Screening experiments are performed to eliminate unimportant factors efficiently so that the remaining important factors can be studied more thoroughly in later experiments. This paper proposes controlled sequential factorial design (CSFD) for discrete-event simulation experiments. It combines a...
Persistent link: https://www.econbiz.de/10004973630
Using a sample of listed Chinese firms between 2000 and 2010, the paper analyzes the stock market reaction to CEO succession. We document significantly positive cumulative abnormal returns when CEO succession is accompanied with increased political connections. We also show that the market...
Persistent link: https://www.econbiz.de/10011117758