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Fairness matters to financial advisors, whether fairness in financial markets or fairness in their relations with clients. Yet perceptions of fairness vary greatly and they are hotly debated everywhere, including politics, education, medicine, law, and finance. I explore fairness in finance in...
Persistent link: https://www.econbiz.de/10013037765
Investment in emerging technologies is particularly challenging, since, apart from uncertainty in revenue streams … of the output price. Thus, we develop an analytical framework for sequential investment in order to determine how price … likelihood of subsidy provision facilitates investment. However, embedded options to invest in improved technology versions raise …
Persistent link: https://www.econbiz.de/10012989023
This paper examines some of the investment implications of what is called the "great transformation" by which renewable …
Persistent link: https://www.econbiz.de/10012891596
economy of Ghana. Hence, this study analyzed and assessed the investment of China in Ghana. Employing the explanatory research … selected. Major data were collected from Ghana Investment Promotion Center (GNPC) relating to the Chinese investments on the … engaging in Greenfield investment where these companies were directly set up and financed by these Chinese. Few of these …
Persistent link: https://www.econbiz.de/10013219574
This paper presents empirical evidence supporting the view that US monetary conditions matter for firms in the global capital market. We show the effects of three risk measures, domestic bank interest rates spreads, US bank interest rates spread, and US market price of interest rate risk on the...
Persistent link: https://www.econbiz.de/10013133706
This paper develops a theoretical model explaining management's choice of using corporate cash flow to pay dividends, repurchase shares, or invest in a real project. The model demonstrates the case in which managers have better information than investors about the quality of the firm...
Persistent link: https://www.econbiz.de/10013123261
We contribute to the responsible investment literature by pursuing the first morphologic analysis of the responsible … investment process. Morphologic analysis decomposes a process in its relevant variables and defines the thinkable properties of … scenarios, of how the responsible investment process could be conducted. These scenarios allow a greater understanding of the …
Persistent link: https://www.econbiz.de/10013155653
The previous literature on momentum investments has only considered the so called unconstrained momentum return. This paper will investigate budget constrained momentum returns by using two different datasets. The conclusion is that unconstrained momentum returns systematically overestimate the...
Persistent link: https://www.econbiz.de/10013083507
expected payoff for any given player. Such a game has direct links to community investment clubs where people are aggregating …
Persistent link: https://www.econbiz.de/10013083510
Many different studies such as Kelly (1956) have an analyzed the characteristics of log-return investment models. We …
Persistent link: https://www.econbiz.de/10013083511