quality, safety and investment. To better fit institutional investor's' needs, we analyze the resulting factor by focusing on …

In investment appraisal, uncertainty can be managed through intervals or fuzzy numbers because the arithmetical …

Average return differences among firms sorted on valuation ratios, past investment, prof-itability, market beta, or …

The paper investigates the relationship between the investment holding horizon and liquidity. I confirm and expand … investment decisions, which is an extension of the earlier findings of Teo (2011) for hedge funds …

, size, value, momentum, cashflow volatility, leverage, investment growth, term risk, and default risk. We empirically test …

The optimal investment to mitigate climate change crucially depends on the discount rate used to evaluate the … investment's uncertain future benefits. The appropriate discount rate is a function of the horizon over which these benefits … accrue and the riskiness of the investment. In this paper, we estimate the term structure of discount rates for an important …

, which we call Aggregate Return On Investment (AROI). It is a purely internal measure because, unlike the AIRR, it does not …

distorting corporate investment and financing decisions, investor portfolio allocation decisions, fund manager skill assessments …