This paper examines the impact of short-sale constraints on the magnitude of international diversification benefit for U.S. investors during the period of 1976—1998. The diversification benefit is measured as the increase in expected return when switching from the U.S. equity index portfolio...

Purpose – This study seeks to examine the role of firm characteristics and insider private information in affecting Canadian firms’ repurchase decision and the associated announcement period stock return. Design/methodology/approach – Past studies of announcement returns employ a standard...

Purpose As social network sites (SNS) have increasingly become one of the most important channels for communication, the related privacy issues gain more and more attention in both industry and academic research fields. This study aims to connect the antecedents of information privacy disclosure...