搜索结果: 16-30 共查到“知识库 国际投资学”相关记录302条 . 查询时间(1.953 秒)
Home Bias at Home:Local Equity Preference in Domestic Portfolios
Prejudice and Bias Local Range Investment
2015/5/13
Home Bias at Home:Local Equity Preference in Domestic Portfolios.
Czech Mate:Expropriation and Investor Protection in a Converging World
Joint Ventures Capital Markets Foreign Direct Investment Geographic Location Multinational Firms and Management
2015/5/13
This paper examines the expropriation of a foreign investor by a local partner and the subsequent resolution of that case through international arbitration in favor of the investor. Despite the invest...
Investing in What You Know:The Case of Individual Investors and Local Stocks
Stocks Local Range Investment Equity
2015/5/13
This paper tests the performance of individuals' equity investments. We study over 40,000 accounts and 950,000 trades from a large discount broker. Individuals invest heavily in local stocks and put 1...
Do Executive Stock Options Encourage Risk-Taking?
Risk and Uncertainty Motivation and Incentives Stock Options Executive Compensation
2015/5/13
Executive stock options create incentives for executives to manage firms in ways that maximize firm market value. Since options increase in value with the volatility of the underlying stock, executive...
Capital Cash Flows:A Simple Approach to Valuing Risky Cash Flows
Cash Flow Capital Valuation
2015/5/13
Capital Cash Flows: A Simple Approach to Valuing Risky Cash Flows.
Career Concerns and Staged Investment:Evidence from the Venture Capital Industry
Performance Efficiency Valuation Venture Capital Investment Decisions Motivation and Incentives
2015/5/13
I develop a model in which career concerns lead to inefficient reinvestment decisions. Managers have incentives to inflate interim returns by continuing bad projects and delaying write-offs. In the ve...
Managing Financial Policy:Evidence from the Financing of Major Investments
Managing Financial Policy Evidence Financing Major Investments
2015/5/13
How do managers set financial policy? This paper uses a sample of unconstrained firms making major investments to examine intended financial policy decisions. The analysis reveals that the financial p...
Recent work documents large positive abnormal returns around the time that a hedge fund announces its activist intentions with a publicly listed firm. We show that these returns are largely explained ...
Do Hedge Funds Profit from Mutual-Fund Distress?
Investment Funds Profit Strategy Forecasting and Prediction Investment Return Opportunities
2015/5/12
This paper explores the question of whether hedge funds engage in frontrunning strategies that exploit the predictable trades of others. One potential opportunity for front-running arises when distres...
Bridge Building in Venture Capital-Backed Acquisitions
Mergers and Acquisitions Venture Capital Private Equity Knowledge Sharing Market Transactions
2015/5/12
We study the role of common venture capital investors in alleviating asymmetric information between public acquirers and private venture capital-backed targets. We find that acquisition announcement r...
Disclose the Fair Value of Complex Securities
Value Financial Instruments Corporate Disclosure
2015/5/12
Disclose the Fair Value of Complex Securities.
What Are We Meeting For? The Consequences of Private Meetings with Investors
Management Teams Public Ownership Business and Shareholder Relations
2015/5/12
Executives of publicly-traded firms spend considerable time meeting privately with investors, despite regulation restricting their ability to convey material nonpublic information. Using a set of reco...
Creating Shared Value:Becoming a Movement
Extractive Industries Investing Investment Creating Shared Value Society Mining Industry
2015/5/6
CSV presentation from the 2014 Shared Value Leadership Summit held by FSG. Topics include: shared value momentum, shared value in extractives, and shared value and investors.
Integrated Reporting and Investor Clientele
Sustainability Sustainability Reporting Integrated Reporting Reporting Disclosure
2015/4/29
In this paper, I examine the relation between Integrated Reporting (IR) and the composition of a firm's investor base. I hypothesize and find that firms that practice IR have a more long-term oriented...
Industry Window Dressing
Investor Shortcuts Industry Classification Opportunistic Managerial Behavior Discontinuity
2015/4/29
We explore a new mechanism through which investors take correlated shortcuts. Specifically, we exploit a regulatory provision governing firm classification into industries: A firm's industry classific...