Keyword: investment

Found 1239 papers in total
Parameter Uncertainty and Residual Estimation Risk
Parameter Uncertainty and Residual Estimation Risk
2016,
The notion of residual estimation risk is introduced to quantify the impact of...
Jumps in High-Frequency Data: Spurious Detections, Dynamics, and News
Jumps in High-Frequency Data: Spurious Detections, Dynamics, and News
2016,
Applying tests for jumps to financial data sets can lead to an important number of...
The Determinants of Bank Mergers: A Revealed Preference Analysis
The Determinants of Bank Mergers: A Revealed Preference Analysis
2016,
We provide new estimates of merger value creation by exploiting revealed preferences...
The Lemons Problem in Markets for Strategy
The Lemons Problem in Markets for Strategy
2016,
Research in corporate governance has predominantly focused on the moral hazard problem...
Risk, Uncertainty, and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment
Risk, Uncertainty, and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment
2016,
Theory predicts that entrepreneurs have distinct attitudes toward risk and...
Discipline or Disruption? Stakeholder Relationships and the Effect of Takeover Threat
Discipline or Disruption? Stakeholder Relationships and the Effect of Takeover Threat
2016,
Although a sizable literature suggests that firms benefit from vulnerability to...
Comparing Securitized and Balance Sheet Loans: Size Matters
Comparing Securitized and Balance Sheet Loans: Size Matters
2016,
We assemble a unique data set of commercial mortgages with information on loan...
Competing with Superstars
Competing with Superstars
2016,
This paper investigates the effect of superstar chief executive officers (CEOs) on...
Bargaining in Supply Chains
Bargaining in Supply Chains
2016,
We study experimentally bargaining in a multiple‐tier supply chain with...
Learning on the Job? Employee Mobility in the Asset Management Industry
Learning on the Job? Employee Mobility in the Asset Management Industry
2016,
We present a new mechanism by which prior employment can influence transitions to...
Bias and the Commitment to Disclosure
Bias and the Commitment to Disclosure
2016,
This paper studies the propensity of firms to commit to disclose information that is...
Looking Across and Looking Beyond the Knowledge Frontier: Intellectual Distance, Novelty, and Resource Allocation in Science
Looking Across and Looking Beyond the Knowledge Frontier: Intellectual Distance, Novelty, and Resource Allocation in Science
2016,
Selecting among alternative projects is a core management task in all innovating...
Attracting Attention in a Limited Attention World: Exploring the Causes and Consequences of Extreme Positive Earnings Surprises
Attracting Attention in a Limited Attention World: Exploring the Causes and Consequences of Extreme Positive Earnings Surprises
2016,
We investigate why extreme positive earnings surprises occur and the consequences of...
Adaptive Execution: Exploration and Learning of Price Impact
Adaptive Execution: Exploration and Learning of Price Impact
2015,
We consider a model in which a trader aims to maximize expected risk‐adjusted...
On Dynamic Decision Making to Meet Consumption Targets
On Dynamic Decision Making to Meet Consumption Targets
2015,
We investigate a dynamic decision model that facilitates a target‐oriented...
Anticipated vs. Actual Synergy in Merger Partner Selection and Post-Merger Innovation
Anticipated vs. Actual Synergy in Merger Partner Selection and Post-Merger Innovation
2016,
Past research has primarily focused on what happens after a merger. This research...
Does Capital Structure Affect the Behavior of Nonfinancial Stakeholders? An Empirical Investigation into Leverage and Union Strikes
Does Capital Structure Affect the Behavior of Nonfinancial Stakeholders? An Empirical Investigation into Leverage and Union Strikes
2016,
We use contract negotiation data to study how leverage affects the interaction between...
Speculative Investors and Transactions Tax: Evidence from the Housing Market
Speculative Investors and Transactions Tax: Evidence from the Housing Market
2016,
This paper examines the impact of a policy change in transaction tax on speculators....
Make-Take Structure and Market Quality: Evidence from the U.S. Options Markets
Make-Take Structure and Market Quality: Evidence from the U.S. Options Markets
2016,
We examine the make‐take structure, which compensates liquidity suppliers and...
The Role of Brand Image and Product Characteristics on Firms’ Entry and OEM Decisions
The Role of Brand Image and Product Characteristics on Firms’ Entry and OEM Decisions
2016,
We investigate the optimal market entry and original equipment manufacturer (OEM)...
Large Market Declines and Securities Litigation: Implications for Disclosing Adverse Earnings News
Large Market Declines and Securities Litigation: Implications for Disclosing Adverse Earnings News
2016,
This study finds that large marketwide declines in stock prices are associated with...
Information Opacity and Fitch Bond Ratings
Information Opacity and Fitch Bond Ratings
2016,
We examine the marginal impact of Fitch ratings on the at‐issuance yields of...
Illiquidity in the Stock And Foreign Exchange Markets: An Investigation of Their Cross-Market Dynamics
Illiquidity in the Stock And Foreign Exchange Markets: An Investigation of Their Cross-Market Dynamics
2016,
In this article, I investigate the illiquidity channel linking stocks and currencies...
Improving Catastrophe Modeling for Business Interruption Insurance Needs
Improving Catastrophe Modeling for Business Interruption Insurance Needs
2016,
While catastrophe (CAT) modeling of property damage is well developed, modeling of...
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