Purpose – The purpose of this paper is to determine the best conditional asset pricing model for the Tokyo Stock Exchange sample by utilizing long‐run daily data. It aims to investigate whether there are any other firm‐specific variables that can explain abnormal returns of the estimated...

Purpose – The purpose of this paper is to add to the literature on the impact of the Morningstar ratings by examining the impact of individual stock ratings in the Hare and Tortoise portfolios. Design/methodology/approach – This study uses an event study approach, where the effect of the...

Purpose The purpose of this paper is to examine the relationship between corporate social responsibility (CSR) performance communication and stocks’ performance using socially responsible investment (SRI) portfolio management approach. Design/methodology/approach The authors used the...

Daniel and Titman (1997) contend that the Fama‐French three‐factor model’s ability to explain cross‐sectional variation in expected returns is a result of characteristics that firms have in common rather than any risk‐based explanation. The primary aim of the current paper is to...

This study analyzes the trade‐off between strategic flexibility and commitment for cases of simultaneous and related strategic investments under high levels of uncertainty. It develops a model that, using a Cournot game and real option theory, demonstrates that (1) a correlated strategic...

Portfolio theory has its roots in financial investment and in the desire to balance the often conflicting objectives of high yield and low risk. It has also found applications in product management, corporate strategy and more recently in attempting to develop a range of customer opportunities....

The purpose of this article is to address one aspect of management (port‐folio management) that will help set the future of an organisation as well as provide an input to short‐range operational planning.

Purpose – How can managers optimally distribute rewards among individuals in a job group? While the management literature on compensation has established the need for equitable reimbursements for individuals holding similar positions in a function or group, an objective grounding of rewards...

Purpose – The present paper aims mainly to target policy makers in the tourism industry. It seeks to give an overview about using the Portfolio Analysis (PFA) as a tool for analysing tourism flows based on the official accommodation statistics of Statistics Austria, which is electronically...

Zum Standardwerk avanciertes Handbuch für die Investition in Indexfonds und ETFs, welches sich anhaltender Beliebtheit erfreut und für den ernsthaften Anleger unverzichtbar ist. Detaillierter Überblick über die Funktion von Wertpapiermärkten, verhängnisvolle Anlagefehler, Grundprinzipien...