Showing 1 - 10 of 20
effective monitoring. The wealth effects of poison pills, however, are negatively related to pressure-sensitive investors …
Persistent link: https://www.econbiz.de/10010814816
offers a unique picture on investors' portfolio rebalancing and trading behavior. We propose an integrated framework that …
Persistent link: https://www.econbiz.de/10010761723
Purpose – Prior studies examining the relation between the shareholdings by institutional investors and firm value have … investors into institutions that have appointed a representative to the board of directors of the firms in which they have a … representation. Findings - The results of the study suggest that share ownership by investors with board representation is positively …
Persistent link: https://www.econbiz.de/10010741356
Purpose – Prior studies examining the relation between the shareholdings by institutional investors and firm value have … investors into institutions that have appointed a representative to the board of directors of the firms in which they have a … representation. Findings – The results of the study suggest that share ownership by investors with board representation is positively …
Persistent link: https://www.econbiz.de/10014939855
offers a unique picture on investors' portfolio rebalancing and trading behavior. We propose an integrated framework that …
Persistent link: https://www.econbiz.de/10014940015
effective monitoring. The wealth effects of poison pills, however, are negatively related to pressure‐sensitive investors …
Persistent link: https://www.econbiz.de/10014940026
information. It is postulated that such management may lead to mispricing errors by investors who make incorrect adjustments for … lower earnings quality. Findings – The evidence suggests that investors possess idiosyncratic perceptions toward earnings … management. Investors of income‐decreasing firms tend to under‐adjust for analyst optimism, while investors of income …
Persistent link: https://www.econbiz.de/10014940087
surveyed a large group of US‐based, well‐informed, individual investors, members of the American Association of Individual … Investors. The survey respondents included both those who invest according to SRI principles, and those with no interest in SRI … differences, additional efforts must be made to convince wealthier and male investors of the merits of socially responsible …
Persistent link: https://www.econbiz.de/10014940110
Purpose – The purpose of this paper is to investigate relative portfolio performance between sin stock returns and faith‐based returns. Design/methodology/approach – Similar to Hong and Kacperczyk, Jensen's alpha was utilized to conduct tests along with three asset‐pricing models and...
Persistent link: https://www.econbiz.de/10014940133
Purpose – The purpose of this paper is to examine the order strategies of investors, in particular their use of … this natural experiment and use bootstrapping methods and regression analyses to examine investors' use of intermarket … sweep orders. Findings – The results show that investors use intermarket sweep orders, a unique type of liquidity …
Persistent link: https://www.econbiz.de/10014940220