Similar Search Results

Li, Feng; Nagar, Venky - In: Management Science 59 (2013) 3, pp. 529-544

significant improvement in operating performance relative to nonadopters. <i>This paper was accepted by Brad Barber, finance.</i> …

Persistent link: https://www.econbiz.de/10010990534

The Party's Over: The Role of Earnings Guidance in Resolving Sentiment-Driven Overvaluation

Seybert, Nicholas; Yang, Holly I. - In: Management Science 58 (2012) 2, pp. 308-319

expectations, and that management earnings guidance helps resolve sentiment-driven overvaluation. Using previously identified firm … the three-day window around the issuance of management earnings guidance. Comparisons of guidance months to nonguidance …

Persistent link: https://www.econbiz.de/10010990622

Convertible Bond Underpricing: Renegotiable Covenants, Seasoning, and Convergence

Chan, Alex W. H.; Chen, Nai-fu - In: Management Science 53 (2007) 11, pp. 1793-1814

We investigate the long-standing puzzle on the underpricings of convertible bonds. We hypothesize that the observed underpricing is induced by the possibility that a convertible bond might renegotiate on some of its covenants, e.g., an imbedded put option in financial difficulties. Consistent...

Persistent link: https://www.econbiz.de/10009203726

Recent Developments in Management Science in Banking

Cohen, Kalman J.; Maier, Steven F.; Weide, James H. Vander - In: Management Science 27 (1981) 10, pp. 1097-1119

Banking has been a fertile area for management science applications, as is evident from the review provided in this … paper. The relevant management science models are discussed in terms of the areas of bank management for which they were … intended. Under dynamic balance sheet management (i.e., internal bank financial planning) we consider forecasting techniques …

Persistent link: https://www.econbiz.de/10009203883

Hindsight Bias, Risk Perception, and Investment Performance

Biais, Bruno; Weber, Martin - In: Management Science 55 (2009) 6, pp. 1018-1029

Once they have observed information, hindsight-biased agents fail to remember how ignorant they were initially; "they knew it all along." We formulate a theoretical model of this bias, providing a foundation for empirical measures and implying that hindsight-biased agents learning about...

Persistent link: https://www.econbiz.de/10009203958

Minimizing Net Interest Cost in Municipal Bond Bidding

Nauss, Robert M.; Keeler, B. R. - In: Management Science 27 (1981) 4, pp. 365-376

The problem of minimizing net interest cost (NIC) on new issues of tax-exempt debt securities is formulated as an integer linear programming problem. The formulation (for one variant) is a p-median problem with one additional constraint. Other variants are also closely related to the p-median...

Persistent link: https://www.econbiz.de/10009204075

Valuing the Treasury's Capital Assistance Program

Glasserman, Paul; Wang, Zhenyu - In: Management Science 57 (2011) 7, pp. 1195-1211

impact of the program. This paper was accepted by Wei Xiong, finance. …

Persistent link: https://www.econbiz.de/10009204099

The Joint Determination of Marginal Rate of Return and Interest Adjusted Cost for Whole Life Insurance

Schleef, Harold J. - In: Management Science 29 (1983) 5, pp. 610-621

Linear programming is applied to measurement of whole life insurance to obtain a functional relationship between interest adjusted cost of insurance protection and rate of return on policy equity. For comparative purposes, policy differences related to premium rates, dividends and cash-values...

Persistent link: https://www.econbiz.de/10009204592

A Multiple-Objective Programming Technique for Structuring Tax-Exempt Serial Revenue Debt Issues

Puelz, Amy v.; Lee, Sang M. - In: Management Science 38 (1992) 8, pp. 1186-1200

A multiple-objective decision model to structure tax-exempt serial revenue bonds is presented in this paper. Based on goals dealing with true interest cost, marketability, debt coverage, production, and level debt, we define a goal programming model to generate a maturity schedule and coupon...

Persistent link: https://www.econbiz.de/10009208438

Large-Scale Portfolio Optimization

Perold, Andre F. - In: Management Science 30 (1984) 10, pp. 1143-1160

This paper describes a practical algorithm for large-scale mean-variance portfolio optimization. The emphasis is on developing an efficient computational approach applicable to the broad range of portfolio models employed by the investment community. What distinguishes these from the "usual"...

Persistent link: https://www.econbiz.de/10009208446

1
2
3
4
5
6
7
8
9
10
Next
Last