Intet abstract

While hackers and viruses fuel the IS security concerns for organisations, the problems posed by employee computer crime should not be underestimated. Indeed, a growing number of IS security researchers have turned their attention to the ‘insider’ threat. However, to date, there has been a...

Think Aloud is cost effective, promises access to the user’s mind and is the applied usability technique. But keep talking is difficult, besides, the multimodal interface is visual not verbal. Eye-tracking seems to get around the verbalisation problem. It captures the visual focus of...

The ambiguity in existing empirical work with respect to effects of deposit insurance schemes on banks’ risk-taking can be resolved if it is recognized that absence of deposit insurance is rarely credible and that the credibility of non-insurance can be enhanced by explicit deposit insurance...

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This paper estimates the impact of accounting transparency on the term structure of CDS spreads for a large cross-section of rms. Using a newly developed measure of accounting transparency in Berger, Chen & Li (2006), we nd a downward-sloping term structure of transparency spreads. Estimating...

De ned contribution pension schemes and life <p> insurance contracts often have a minimum interest rate guar- <p> antee as an integrated part of the contract. This guarantee <p> is an embedded put option issued by the institution to the <p> individual, who is forced to hold the option in the portfolio. <p>...</p></p></p></p></p>

Abstract: Finding the mean-variance eÆcient frontier is <p> a quadratic programming problem with an analytical solu- <p> tion, whenever the portfolio choice is unrestricted. The an- <p> alytical solution involves an inversion of the covariance ma- <p> trix. When short-sale constraints are added to the...</p></p></p></p>

It is often asserted that stock splits and stock dividends are purely cosmetic events. However, many studies have documented several stock market effects associated with stock splits and stock dividends. This paper examines the effects of these two types of events for the Danish stock market....

The Danish housing market boomed from 1993 to the end of 2006. The house price increases from 2003 to 2006 were especially dramatic and cannot be explained satisfactorily by "fundamentals”. Moreover, the owner-occupiers are highly indebted; Denmark is the nation with the highest household...