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transaction costs are taken into account. We show that the impact of transaction costs on the strategies' profitability can … significantly reduces trading costs. Applying a more sophisticated portfolio construction algorithm to lower turnover reduces … trading costs even further. Our finding that reversal strategies generate 30 to 50 basis points per week net of transaction …
Persistent link: https://www.econbiz.de/10013133550
transaction costs are taken into account. We show that the impact of transaction costs on the strategies' profitability can … significantly reduces trading costs. Applying a more sophisticated portfolio construction algorithm to lower turnover reduces … trading costs even further. Our finding that reversal strategies generate 30 to 50 basis points per week net of transaction …
Persistent link: https://www.econbiz.de/10013118209
We examine how profitability of long–short arbitrage strategies based on anomalies is affected after adjustment for two … shorting costs: implicit cost due to unavailability of stocks in the short-leg to sell short and loan fee actually paid to … sample period from January 2006 to December 2017. After adjustment for these shorting costs, long–short arbitrage profits are …
Persistent link: https://www.econbiz.de/10012844028
money in the costs of those suits. Class counsel may directly profit on time investments in two ways: by billing lawyers at … choice between investing profitable time or reimbursable costs, profit-maximizing attorneys will find time investment more … lawyers. Centering costs — and considering measures as conventionally discouraged as permitting third parties to profit from …
Persistent link: https://www.econbiz.de/10013056154
), the same noncooperative interaction often inadvertently raises their joint profits. Profit effects depend on how the well … disparate profit effects, and to synthesize the literature on strategic delegation and vertical control. The optimal way to …
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profitability. The objective indicators of the results can come either from the company itself or from two secondary sources: SABI …
Persistent link: https://www.econbiz.de/10011821853
their profitability. Initially, it introduces its readers to the airlines' direct and indirect costs, as well as overheads …The airlines' marketing policies are influenced by costs and expenses which could influence their levels of service …, and their ability to be profitable. Their direct and indirect operating costs are affected by sector length; utilization …
Persistent link: https://www.econbiz.de/10012907530
We investigate the association between managerial ability and revenue-expense matching. We find that firms having managers with better ability exhibit better contemporaneous revenue-expense matching because more capable managers estimate accruals more accurately and select the projects with...
Persistent link: https://www.econbiz.de/10012843890