securities and exchange commission
... common stock is likely to be similarly volatile, and investors in our common stock may experience a decrease, which could be substantial, in the value of their stock, including decreases unrelated to our operating performance or prospects. The price of our common stock could be subject to wide fluct ...
... common stock is likely to be similarly volatile, and investors in our common stock may experience a decrease, which could be substantial, in the value of their stock, including decreases unrelated to our operating performance or prospects. The price of our common stock could be subject to wide fluct ...
Investigating Stock Market Indices of India - Empirical Analysis
... 1999 to 2002 and found that they failed to generate any excess returns over three month T-bill. Also, return and risk of Islamic index was found to be less than Wilshire 5000. Thereafter, Hussein (2005) found that Financial Time Stock Exchange (FTSE) Global Islamic index and Dow Jones Islamic Market ...
... 1999 to 2002 and found that they failed to generate any excess returns over three month T-bill. Also, return and risk of Islamic index was found to be less than Wilshire 5000. Thereafter, Hussein (2005) found that Financial Time Stock Exchange (FTSE) Global Islamic index and Dow Jones Islamic Market ...
Quantifying Informational Linkages in a Global Model of Currency
... and meteor shower (between-market or foreign) effects for each of the markets in our sample. Moreover, by comparing the strength of the meteor shower from market j to market i against the heatwave effect in market i, we develop a novel data-driven method to identify leader-recipient relationships be ...
... and meteor shower (between-market or foreign) effects for each of the markets in our sample. Moreover, by comparing the strength of the meteor shower from market j to market i against the heatwave effect in market i, we develop a novel data-driven method to identify leader-recipient relationships be ...
THE PRIVATISATION OF THE COMMODITIES EXCHANGE AND
... and modern IT infrastructure, integral to the day to day functionalities of the NCX has led to inefficient operations and very low trading volumes. Privatization of the NCX would provide the opportunity for investors to utilize both existing and additional resources to close the existent infrastruct ...
... and modern IT infrastructure, integral to the day to day functionalities of the NCX has led to inefficient operations and very low trading volumes. Privatization of the NCX would provide the opportunity for investors to utilize both existing and additional resources to close the existent infrastruct ...
Why do we invest ethically?
... and one single motive will not explain the behaviour of all ethical investors. There may be a trade-off between financial and psychic returns for some investors. The trade-off for consumption-investors is expected to be close to zero (total utility is maximised with small levels of ethical investmen ...
... and one single motive will not explain the behaviour of all ethical investors. There may be a trade-off between financial and psychic returns for some investors. The trade-off for consumption-investors is expected to be close to zero (total utility is maximised with small levels of ethical investmen ...
NBER WORKING PAPER SERIES INTERNATIONAL R&D SPILLOVERS: A RE-EXAMWATION
... therefore turn to specification (4), which should characterize more properly the concept of foreign R&D capital stock. Regression (vii) gives credence to our supposition. The output elasticity of foreign R&D capital stock is equal to 1l% and is highly significant. The adjusted R2 is much higher than ...
... therefore turn to specification (4), which should characterize more properly the concept of foreign R&D capital stock. Regression (vii) gives credence to our supposition. The output elasticity of foreign R&D capital stock is equal to 1l% and is highly significant. The adjusted R2 is much higher than ...
ACCT 200 Fundamentals of Financial Accounting
... Portfolio theory, equity valuation models and portfolio performance evaluation; structure of equity markets; effect of taxes and inflation; bond analysis and portfolio immunization; mutual funds. Satisfies research requirement for business program. Prerequisite: 320 or 420. ...
... Portfolio theory, equity valuation models and portfolio performance evaluation; structure of equity markets; effect of taxes and inflation; bond analysis and portfolio immunization; mutual funds. Satisfies research requirement for business program. Prerequisite: 320 or 420. ...
1. How Capital Markets Work
... 1.1.1. Why People Save ➤ Why do people save? ■ Making savings means ◆ “consumption today” is postponed in favor of ◆ “consumption in the future” ■ Why are people willing to give up “consumption today” in favor of “consumption in the future”? ■ Because they receive interest payments for their savings ...
... 1.1.1. Why People Save ➤ Why do people save? ■ Making savings means ◆ “consumption today” is postponed in favor of ◆ “consumption in the future” ■ Why are people willing to give up “consumption today” in favor of “consumption in the future”? ■ Because they receive interest payments for their savings ...
Assessing the Impact of Fair Value upon Financial Crises
... Usually the reform of accounting principles in accordance with fair value is assumed to provide better information about the financial situation of firms. Consequently the related transparency should reinforce the resilience of the economy to shocks and thus prevent severe financial crises. A carefu ...
... Usually the reform of accounting principles in accordance with fair value is assumed to provide better information about the financial situation of firms. Consequently the related transparency should reinforce the resilience of the economy to shocks and thus prevent severe financial crises. A carefu ...
Regulatory Sanctions and Reputational Damage in Financial Markets
... of a company engaging in fraud in any given year at 14.5%. The imposition of penalties for misconduct is an important part of the armoury available to regulators, which, following the financial crisis, they have shown a greater willingness to deploy. However, this paper suggests that they are only o ...
... of a company engaging in fraud in any given year at 14.5%. The imposition of penalties for misconduct is an important part of the armoury available to regulators, which, following the financial crisis, they have shown a greater willingness to deploy. However, this paper suggests that they are only o ...
Leveraged and Inverse ETFs(Slides)
... Investors should be aware that leveraged and inverse ETFs do not seek to provide returns which are the 2x multiple or -1x inverse of a given index for periods longer than a day. These funds are not suitable for long-term investing, nor are they suitable for investors unfamiliar with leveraged and i ...
... Investors should be aware that leveraged and inverse ETFs do not seek to provide returns which are the 2x multiple or -1x inverse of a given index for periods longer than a day. These funds are not suitable for long-term investing, nor are they suitable for investors unfamiliar with leveraged and i ...
Chapter 6
... – Expected portfolio return is the weighted average of expected returns of each share – Portfolio variance (risk) is the correlation of pairs of securities within the portfolio ...
... – Expected portfolio return is the weighted average of expected returns of each share – Portfolio variance (risk) is the correlation of pairs of securities within the portfolio ...
Chapter 15
... – Time the equity market by shifting funds into and out of stocks, bonds, and T-bills depending on broad market forecasts – Shift funds among different equity sectors and industries (e.g., financial stocks, technology stocks) or among investment styles (e.g., value, growth large capitalization, smal ...
... – Time the equity market by shifting funds into and out of stocks, bonds, and T-bills depending on broad market forecasts – Shift funds among different equity sectors and industries (e.g., financial stocks, technology stocks) or among investment styles (e.g., value, growth large capitalization, smal ...
Revenue - Employment and Investment Incentive
... The Employment Investment Incentive (EII) is a tax relief incentive scheme that provides tax relief for investment in certain corporate trades. ...
... The Employment Investment Incentive (EII) is a tax relief incentive scheme that provides tax relief for investment in certain corporate trades. ...
GrowthProspectus - Fortress Fund Managers
... developing countries. Both the supply and demand have been inhibited by factors such as fear of loss of family control, lack of tradition and understanding of equity investment and over-reliance on bank overdraft financing. This low level of market activity results in relatively inefficient markets, ...
... developing countries. Both the supply and demand have been inhibited by factors such as fear of loss of family control, lack of tradition and understanding of equity investment and over-reliance on bank overdraft financing. This low level of market activity results in relatively inefficient markets, ...
Understanding Short-termism: the Role of Corporate Governance.
... despite the fact that it is clearly inferior from the long-term view. Here short-termism reflects a suboptimal decision made by a manager. Narayanan argues that managers may make decisions “sacrificing the long-term interests of the shareholders” and thus links short-termism to the agency problems b ...
... despite the fact that it is clearly inferior from the long-term view. Here short-termism reflects a suboptimal decision made by a manager. Narayanan argues that managers may make decisions “sacrificing the long-term interests of the shareholders” and thus links short-termism to the agency problems b ...
Securities and Secrets: Insider Trading and the Law of Contracts
... will spend to police the activity,1 ' and, second, because the more protective the security rules are of investors' interests, the less likely they are to shy away from the capital market. 15 More frequently, however, commentators treat fairness as a distinct goal of securities law.1" Yet, these com ...
... will spend to police the activity,1 ' and, second, because the more protective the security rules are of investors' interests, the less likely they are to shy away from the capital market. 15 More frequently, however, commentators treat fairness as a distinct goal of securities law.1" Yet, these com ...
“Idiosyncratic Risk, Systematic Risk, and Firm Welfare”
... talked up publicly and all shares are sold at arti…cially high prices afterwards).1 Therefore, before investing in a …rm, investors will invest some time to ensure that the …rm they are interested in is not involved in fraudulent activities. Finally, …rms that raise private equity usually have a lim ...
... talked up publicly and all shares are sold at arti…cially high prices afterwards).1 Therefore, before investing in a …rm, investors will invest some time to ensure that the …rm they are interested in is not involved in fraudulent activities. Finally, …rms that raise private equity usually have a lim ...
mutual fund strategy
... Exchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange such as the New York Stock Exchange. Open-end funds that cannot be sold on an exchange can instead be sold back to the fund manager at the close of each business day. Open-end funds Most mutual funds, ...
... Exchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange such as the New York Stock Exchange. Open-end funds that cannot be sold on an exchange can instead be sold back to the fund manager at the close of each business day. Open-end funds Most mutual funds, ...
NBER WORKING PAPER SERIES IN SEARCH OF DISTRESS RISK John Y. Campbell
... Second, we explore some additional variables and find that corporate cash holdings, the market-book ratio, and a firm’s price per share contribute explanatory power. In a related exercise we construct a measure of distance to default, based on the practitioner model of Moody’s KMV (Crosbie and Bohn ...
... Second, we explore some additional variables and find that corporate cash holdings, the market-book ratio, and a firm’s price per share contribute explanatory power. In a related exercise we construct a measure of distance to default, based on the practitioner model of Moody’s KMV (Crosbie and Bohn ...
The Case for Dividend Growers in Volatile Markets
... Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. It is not possible to invest directly in an index. Index performance does not reflect charges and expenses associated with the fund or brokerage commissions ...
... Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. It is not possible to invest directly in an index. Index performance does not reflect charges and expenses associated with the fund or brokerage commissions ...
This PDF is a selection from a published volume from... Bureau of Economic Research
... is itself a player in the market with its own balance sheet. Via programs such as TALF, the Fed increases the size of its balance sheet to support prices in economically important parts of the market that suffer from disruptions. The Fed does this in a time frame that matters for investors—a period ...
... is itself a player in the market with its own balance sheet. Via programs such as TALF, the Fed increases the size of its balance sheet to support prices in economically important parts of the market that suffer from disruptions. The Fed does this in a time frame that matters for investors—a period ...
Selling Time - CSInvesting
... We detect signs that time horizons are shortening in both the “real” economy and financial markets. In real economy terms, this already looks well advanced in Japan, which is the cutting edge of the current monetary experiment (spending, investment and saving are all weak). However, we are much more ...
... We detect signs that time horizons are shortening in both the “real” economy and financial markets. In real economy terms, this already looks well advanced in Japan, which is the cutting edge of the current monetary experiment (spending, investment and saving are all weak). However, we are much more ...
0.1 Front matter.PM
... does with raising fresh capital — a point I’ll return to throughout this book. But most of the trading in the stock market is of existing shares, not newly issued ones. New issues in 1997 totaled $100 billion, a record — but that’s about a week’s trading volume on the New York Stock Exchange.2 One t ...
... does with raising fresh capital — a point I’ll return to throughout this book. But most of the trading in the stock market is of existing shares, not newly issued ones. New issues in 1997 totaled $100 billion, a record — but that’s about a week’s trading volume on the New York Stock Exchange.2 One t ...
Stock trader
A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker or investor. A stock investor is an individual or company who puts money to use by the purchase of equity securities, offering potential profitable returns, as interest, income, or appreciation in value (capital gains). This buy-and-hold long term strategy is passive in nature, as opposed to speculation, which is typically active in nature. Many stock speculators will trade bonds (and possibly other financial assets) as well. Stock speculation is a risky and complex occupation because the direction of the markets are generally unpredictable and lack transparency, also financial regulators are sometimes unable to adequately detect, prevent and remediate irregularities committed by malicious listed companies or other financial market participants. In addition, the financial markets are usually subjected to speculation.