Showing 1 - 10 of 69
Much of the academic debate has gone in to exploring the better asset pricing model that can explain the quantification of the trade-off between risk and expected return for the cross section of stock return. Nevertheless this intimidating task becomes more pragmatic given the market structure...
Persistent link: https://www.econbiz.de/10013100611
This study examines global equity market investor attention connectedness prior and during the COVID-19 period. Our empirical analysis focusses on weekly data of 23 international stock markets and employs fully-fledged time-varying parameter vector autoregressive (TVP-VAR) based connectedness...
Persistent link: https://www.econbiz.de/10014236596
This study examines investor attention connectedness measures prior and during the COVID-19 period. We find that the investor attention spillovers are persistent among global equity markets, and developed markets have a dominant role as shock transmitters. The spillover effect increases...
Persistent link: https://www.econbiz.de/10013294760
This paper examines the implication of investor sentiment for the pricing of discretionary or abnormal accruals. We consider a setting where the market-wide investor sentiment information can provide a profitable trading strategy to generate an excess risk-adjusted return from abnormal accrual...
Persistent link: https://www.econbiz.de/10014355115
Using a sample of listed Indian manufacturing companies, this study examines the role of chief executive officer's (CEO's) personal characteristics like age, tenure, education, and career experience in the determination of investment decisions of the firm. The dynamic panel data model...
Persistent link: https://www.econbiz.de/10011988832
Purpose: The welfare impacts of the food security on the beneficiaries can be understood from multiple dimensions. This paper, thus, examines the impact of the India's National Food Security Act (NFSA) on the welfare of the beneficiary households from a multidimensional perspective....
Persistent link: https://www.econbiz.de/10012276796
Purpose: The purpose of this study is to examine the impact of chief executive officer (CEO) personal characteristics on the performance of Indian commercial banks. Additionally, it also analyses the nonlinear relationship of CEO age and CEO tenure on the bank performance....
Persistent link: https://www.econbiz.de/10012279182
Purpose: The purpose of this paper is to investigate the impact of the macroeconomic condition on investment-cash flow sensitivity (ICFS) of Indian firms and examine whether the effect of macroeconomic condition on ICFS depends on the size and group affiliation of the firm....
Persistent link: https://www.econbiz.de/10012279771
Purpose: The purpose of this study is to examine the impact of financial and technical education of chief executive officer (CEO) on investment–cash flow sensitivity (ICFS) of Indian manufacturing firms. Design/methodology/approach: The study uses the dynamic panel data model and more...
Persistent link: https://www.econbiz.de/10012411856
This study examines the impact of financial development on corporate investment in terms of their influence on financing constraints. This study also tries to find the effect of financial development on the investment-cash flow sensitivity across the size, degree of financial constraints and...
Persistent link: https://www.econbiz.de/10012602798