The difficult transition from high school to university means that many students need to repeat (retake) one or more of their university courses. This paper examines the performance of students who were repeating first-year core courses in an undergraduate business program. It used data from...

We examine the performance of students repeating introductory microeconomics and macroeconomics courses, relative to that of students taking the courses for the first time. The study covers 937 grades received by 439 undergraduate business students. We find that the grades of students who...

We examine market reactions to changes in the FTSE SmallCap index membership, which are determined quarterly based on market capitalization and are free of information effects. Our main results are asymmetric price and liquidity responses between the firms that are shifted between FTSE indexes...

This article, which suggests the use of French proverbs as an effective tool for teaching finance to French-speaking students, aligns 35 financial concepts and 7 general teaching concepts with one or more French proverbs. French proverbs allow students to link new information with previous...

This study provides the first examination of the Canadian implied volatility indexes for forecasting future volatility. Introduced by Montreal exchange in 2010, the model-free implied volatility index for the Canadian stock market, the VIXC, outperforms the previously used model-based index, the...

The globalization of the world economy has increased interest in internationally recognized finance designations, which serve as external validation of expertise and are routinely used in hiring and promotion decisions. To help students, finance professors, career advisors, and practitioners...

This article recommends the film Inside Job as an effective teaching tool for illustrating the ethical issues that surrounded the global financial crisis of 2008 and the subsequent economic downturn. The study discusses issues such as the revolving door, conflicts of interest, fiduciary duty,...

We examine market responses to changes in the Nasdaq 100 index membership and find asymmetric stock price and investor awareness reactions. Stocks added to the Nasdaq 100 index for the first time experience permanent price gains and significant increases in investor awareness, whereas repeated...

Purpose − The purpose of this study is to examine changes in stock returns, liquidity, institutional ownership, analyst following, and investor awareness for companies added to and deleted from the Dow Jones Industrial Average (DJIA) index. Previous studies report conflicting evidence...

This paper suggests the use of Russian proverbs related to money to engage Russian-speaking students in the business classroom. Russian proverbs enhance teaching by appealing to Russian students' cultural background, by presenting ideas in a concise and memorable way, and by creating a...