This paper examines foreign institutional investors' portfolio allocation and performance in US securities. We test how information immobility, proxied by cultural and geographical distance between the investors' home markets and the US, influences portfolio strategies. Consistent with...

Two aspects play a role in the household decision-making, the efficiency and the bargaining power’s argument. The crucial difference between the two approaches is the expected influence of personal and partners’ wage. To investigate which of the two models hold, in the Italian context, we...

The purpose of this paper is to understand how the current financial landscape shaped by the crises and new regulations impacts Investment Banking’s business model. We will focus on quantitative implications, i.e. valuation, modeling and pricing issues, as well as qualitative implications,...

This paper provides evidence on the investment behavior of 27 state pension plans that manage their own equity portfolios. Even though these state plans typically hold broadly diversified portfolios, they substantially over-weight the equity of companies that are headquartered in-state. The...

In the present paper, we examine the larger context of China's "going out" approach and its policy towards CEE-16. We analyze also the distribution, structure and trends of the Chinese ODI in five CEE countries, correlated with its investment projects, motivations and constraints. In the final...

The focus of this article is the relationship between selected oil company's stock price and oil price and the dependence of these companies stock price on oil price in the period from year 2000 to 2010. The aim of this paper is pursuant to partial empirical analysis evaluate the dependence of...

Using the 2006 wave of the Survey on Health, Ageing and Retirement in Europe (SHARE), this paper sheds light on the role jointly played by individuals’ financial risk tolerance and their level of trust in others (generalized trust) in affecting their risky assets investments. We document that...

Recent years have seen advances in research and management practice in the area of pricing, and particularly in dynamic pricing and revenue management. At the same time, researchers and managers have made dramatic improvements in operations and supply chain management. The interactions between...

This study finds firms that pay their employees’ health-care premiums earn average positive risk premiums and positive risk-adjusted excess returns. The problem of the study is to analyze risk premiums and risk adjusted returns of an equal-weighted portfolio of firms that pay 100% of...

This study describes firms that sponsor defined benefit pension plans (DBPP) based on firm specific characteristics, financial and operating performance. Firms are classified into portfolios based on their funding levels and described accordingly. The results suggest that firms in the most...