Showing 1 - 10 of 37
This paper investigates the impact of individual bank fundamental variables on stock market returns using data from a panel of 235 European banks from 1991 to 2005. The sample period marks a significant transition in the European banking sector, characterized by higher competition, lower profit...
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Die Diskussion über die Qualität guter Corporate Governance und deren Auswirkung auf den Unternehmenswert beschäftigt Wissenschaft und Praxis seit mehreren Jahren. Allerdings existiert noch keine umfassende empirische Studie zum Einfluss der Corporate Governance auf den Unternehmenswert...
Persistent link: https://www.econbiz.de/10011390582
We investigate the performance of a sample of German mutual equity funds over the period from 1994 to 2003. Our general finding is that mutual funds, on average, hardly produce excess returns relative to their benchmark that are large enough to cover their expenses. This conclusion is drawn from...
Persistent link: https://www.econbiz.de/10011390627
What role does the selection of an investor and the timing of financing play in initial coin offerings (ICOs)? We investigate the operating and financial performance of ventures conducting ICOs with different types of investors at different points in the ventures' life cycle. We find that,...
Persistent link: https://www.econbiz.de/10014290303
This paper evaluates the predictive performance of machine learning methods in forecasting European stock returns. Compared to a linear benchmark model, interactions and nonlinear effects help improve the predictive performance. But machine learning models must be adequately trained and tuned to...
Persistent link: https://www.econbiz.de/10014501310
Using an international data set that quantifies corporate environmental costs, we analyze the influence of institutional investor ownership, particularly investment horizon and investor origin, on the monetized environmental impact generated by their investee firms. Institutional investor...
Persistent link: https://www.econbiz.de/10014519250
Zur Rendite-Risiko-Beziehung am deutschen Aktienmarkt Eine empirische Analyse der Beziehung zwischen dem Deutschen Aktienindex DAX und dem Volatilitätsindex VDAX Diese Studie untersucht den empirischen Zusammenhang zwischen den Volatilitätsindizes VDAX bzw. VDAX-New und dem Aktienmarktindex...
Persistent link: https://www.econbiz.de/10014521783
Die Konstruktion eines Performanceindexes für geschlossene Schiffsfonds Geschlossene Schiffsfonds stellen für private Anleger seit vielen Jahren eine bedeutende Form der Kapitalanlage dar und bildeten in der Vergangenheit das erfolgreichste Finanzierungsinstrument für die deutschen...
Persistent link: https://www.econbiz.de/10014522867
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