Purpose - The purpose of this paper is to re-examine the relationship between real investment and stock prices for the USA for 1960-2005 in view of distinct economic regimes during the 40-year period. Design/methodology/approach - The paper employs simple models of investment, checks for...

Purpose – The last few years in the financial markets have shown great instability and high volatility. In order to capture the amount of risk a financial firm takes on in a single trading day, risk managers use a technology known as value-at-risk (VaR). There are many methodologies available...

Purpose – The last few years in the financial markets have shown great instability and high volatility. In order to capture the amount of risk a financial firm takes on in a single trading day, risk managers use a technology known as value-at-risk (VaR). There are many methodologies available...

Purpose – The last few years in the financial markets have shown great instability and high volatility. In order to capture the amount of risk a financial firm takes on in a single trading day, risk managers use a technology known as value‐at‐risk (VaR). There are many methodologies...

Purpose – The purpose of this research is to study the extent to which various price and earnings momentum measures can be used to enhance portfolio performance by better timing entry into value stocks (and isolating those growth stocks that still have some period to run)....

Purpose – The purpose of this paper is to add to the literature on the impact of the Morningstar ratings by examining the impact of individual stock ratings in the Hare and Tortoise portfolios. Design/methodology/approach – This study uses an event study approach, where the effect of the...

Purpose – The purpose of this paper is to examine the impact of managerial risk exposure on capital structure selection (net debt, or debt minus cash) as well as return on assets, capital expenditures, research and development expenditures and stock price performance....

Purpose–The purpose of this paper is to explore the relations of investment and stock prices (Tobin-Q), the impact of asymmetric information on the investment sensitivity to stock price, and the impact of asymmetric information on the stock price sensitivity to investment....