Financial Reporting Quality and Information Asymmetry in Europe
... informed investors get an informational advantage because of their private information or superior ability to process public information, thus increasing information asymmetry among market participants. Prior studies found evidence that sophisticated investors profit from trading in the stock of fi ...
... informed investors get an informational advantage because of their private information or superior ability to process public information, thus increasing information asymmetry among market participants. Prior studies found evidence that sophisticated investors profit from trading in the stock of fi ...
Durable Goods, Inflation Risk and the Equilibrium Asset Prices
... the difference in the exposures of durables and nondurables growth to aggregate risk have important implications for the equilibrium valuations of financial assets, as shown, for example, in Yogo (2006), Gomes, Kogan, and Yogo (2009) and Yang (2010) for the real asset prices in equity markets. In th ...
... the difference in the exposures of durables and nondurables growth to aggregate risk have important implications for the equilibrium valuations of financial assets, as shown, for example, in Yogo (2006), Gomes, Kogan, and Yogo (2009) and Yang (2010) for the real asset prices in equity markets. In th ...
performance analysis for the two-minute portfolio in both canadian
... our evaluation of the Two-Minute Portfolio. Investors must take their brokerage commissions and other management expenses into account before making investment decisions. 2. Sector Allocation and Equal-Weight Strategy Fama (1965) suggests that there is an efficient market for securities, and the mar ...
... our evaluation of the Two-Minute Portfolio. Investors must take their brokerage commissions and other management expenses into account before making investment decisions. 2. Sector Allocation and Equal-Weight Strategy Fama (1965) suggests that there is an efficient market for securities, and the mar ...
UP TO 14501236 SHARES Class A Common Stock - corporate
... The Habit Burger Grill is a high-growth, fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, we feature freshly ...
... The Habit Burger Grill is a high-growth, fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, we feature freshly ...
The remainder of the paper is as follows
... probability for acquirers one month prior to a merger announcement, EDFa-1, is 1.370%. The change in EDF is statistically and economically important. To illustrate, consider that increasing default risk, as measured by a higher EDF, leads to increased funding costs. Assuming a 40% loss given default ...
... probability for acquirers one month prior to a merger announcement, EDFa-1, is 1.370%. The change in EDF is statistically and economically important. To illustrate, consider that increasing default risk, as measured by a higher EDF, leads to increased funding costs. Assuming a 40% loss given default ...
Why does fast loan growth predict poor performance for banks?
... expansion predicts poor returns in stock market and bank indices. Our study focuses on one country instead and examines the credit growth of individual banks and its relation to loan quality and future returns. Baron and Xiong (2015) conjecture that credit may flow to borrowers with poor credit qual ...
... expansion predicts poor returns in stock market and bank indices. Our study focuses on one country instead and examines the credit growth of individual banks and its relation to loan quality and future returns. Baron and Xiong (2015) conjecture that credit may flow to borrowers with poor credit qual ...
Veritiv Corp (Form: 424B3, Received: 11/15/2016 16
... words "believe," "expect," "anticipate," "intend," "should," "will," "would," "planned," "estimated," "potential," "goal," "outlook," "may," "predicts," "could," or the negative of such terms, or other comparable expressions, as they relate to the Company, its business, this offering and the share r ...
... words "believe," "expect," "anticipate," "intend," "should," "will," "would," "planned," "estimated," "potential," "goal," "outlook," "may," "predicts," "could," or the negative of such terms, or other comparable expressions, as they relate to the Company, its business, this offering and the share r ...
Press Release on July 15, 2016 by MITSUMI
... have the features noted below, as a fund procurement method to procure funds for growth that may contribute business expansion at low cost while suppressing dilution by considering the interests of its existing shareholders: (i) ...
... have the features noted below, as a fund procurement method to procure funds for growth that may contribute business expansion at low cost while suppressing dilution by considering the interests of its existing shareholders: (i) ...
Chapter 2 - Motilal Oswal
... An Option is a contract that gives the right, but not an obligation, to buy or sell the underlying on or before a stated date and at a stated price. While buyer of option pays the premium and buys the right, writer/seller of option receives the premium with obligation to sell/ buy the underlying ass ...
... An Option is a contract that gives the right, but not an obligation, to buy or sell the underlying on or before a stated date and at a stated price. While buyer of option pays the premium and buys the right, writer/seller of option receives the premium with obligation to sell/ buy the underlying ass ...
The Gains from Resolving Debt Overhang: Evidence from a
... this technology for investing to reduce marginal costs: for some firms it is cheap to invest to lower marginal cost and thus grow sales and profits, for others it is expensive to do so. Hence, firms differ in their investment opportunities. At any time, new firms can pay a fixed cost to enter with a ...
... this technology for investing to reduce marginal costs: for some firms it is cheap to invest to lower marginal cost and thus grow sales and profits, for others it is expensive to do so. Hence, firms differ in their investment opportunities. At any time, new firms can pay a fixed cost to enter with a ...
Implied Expected Returns and the Choice of a Mean–Variance
... mean–variance portfolio proxies, namely the smoothed market capitalization portfolio (Chen et al. [2007]), the fundamentally weighted portfolio (Arnott et al. [2005]), the equally weighted portfolio (DeMiguel et al. [2009]), the inverse volatility weighted portfolio (Leote De Carvalho et al. [2012]) ...
... mean–variance portfolio proxies, namely the smoothed market capitalization portfolio (Chen et al. [2007]), the fundamentally weighted portfolio (Arnott et al. [2005]), the equally weighted portfolio (DeMiguel et al. [2009]), the inverse volatility weighted portfolio (Leote De Carvalho et al. [2012]) ...
words - Nasdaq`s INTEL Solutions
... statements in this report are specifically identified as forward-looking, by use of phrases and words such as “believe,” “anticipate,” “expect,” “may,” “should,” “could” and other future-oriented terms. The identification of certain statements as “forward-looking” is not intended to mean that other ...
... statements in this report are specifically identified as forward-looking, by use of phrases and words such as “believe,” “anticipate,” “expect,” “may,” “should,” “could” and other future-oriented terms. The identification of certain statements as “forward-looking” is not intended to mean that other ...
CUMULUS MEDIA INC (Form: 10-K, Received: 03/17
... opportunity for future growth, particularly for emerging digital advertising initiatives. According to BIA, these markets typically have per capita and household income, and expected household after-tax effective buying income growth, in excess of the national average, which we believe makes radio b ...
... opportunity for future growth, particularly for emerging digital advertising initiatives. According to BIA, these markets typically have per capita and household income, and expected household after-tax effective buying income growth, in excess of the national average, which we believe makes radio b ...
Price Discount of Private Equity Placement and Interests
... [29]. Neri (2012) proposes an introduction to the special issue on computational techniques for trading systems, time series forecasting, stock market modeling, and financial assets modelling [30]. Neri (2012) discusses a computational simulation technique based on agent based modeling and learning ...
... [29]. Neri (2012) proposes an introduction to the special issue on computational techniques for trading systems, time series forecasting, stock market modeling, and financial assets modelling [30]. Neri (2012) discusses a computational simulation technique based on agent based modeling and learning ...
Prepaid Rent
... of its profit-directed activities. • Changes in shareholders’ equity due to profit-directed activities during an accounting period. • Income statement accounts are temporary accounts. • Net Income = Revenues – Expenses ...
... of its profit-directed activities. • Changes in shareholders’ equity due to profit-directed activities during an accounting period. • Income statement accounts are temporary accounts. • Net Income = Revenues – Expenses ...
Just what you need to know about Variance Swaps
... Securities Limited are registered as investment advisers with the Securities & Futures Commission in Hong Kong and their CE numbers are AAJ321 and AAB026 respectively. Jardine Fleming Singapore Securities Pte Ltd is a member of Singapore Exchange Securities Trading Limited and is regulated by the Mo ...
... Securities Limited are registered as investment advisers with the Securities & Futures Commission in Hong Kong and their CE numbers are AAJ321 and AAB026 respectively. Jardine Fleming Singapore Securities Pte Ltd is a member of Singapore Exchange Securities Trading Limited and is regulated by the Mo ...
Just what you need to know about Variance Swaps
... Securities Limited are registered as investment advisers with the Securities & Futures Commission in Hong Kong and their CE numbers are AAJ321 and AAB026 respectively. Jardine Fleming Singapore Securities Pte Ltd is a member of Singapore Exchange Securities Trading Limited and is regulated by the Mo ...
... Securities Limited are registered as investment advisers with the Securities & Futures Commission in Hong Kong and their CE numbers are AAJ321 and AAB026 respectively. Jardine Fleming Singapore Securities Pte Ltd is a member of Singapore Exchange Securities Trading Limited and is regulated by the Mo ...