statistical games back to its original financial nature of derivatives pricing. Thus the estimation of hedge ratio is simplified … futures are not treated as financial derivatives, naïve hedge outperforms complex models. If the futures pricing theory is …

, defuse the crisis of impossible frontier, present the negative price of European call option pricing by beta, and point out …

. Standardisation and trading of ETPL assets allow for easier comparability, valuation and transferability of bank assets and encourage …

The purpose of this paper is to investigate the relationship between investor protection and corporate valuation … “Tunneling effects”, and then we analyze their effects on corporate valuation. Finally, we test the hypothesis obtained from the … minority shareholders and appropriate ownership structures can help to elevate the valuation of firms. …