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Earnings forecasts can be useful for investment decisions. Research on earnings forecasts has focused on forecast … determine the value of the forecast and also investigate to what extent the timing of the forecast can be modeled. We propose a … clear drivers of the value and the timing of the earnings forecast. We thus show that not only the forecasts themselves are …
Persistent link: https://www.econbiz.de/10010326351
The concept of "employee happiness" has received much research attention within the framework of Western values, but the equivalent concept has not been explored in the context of other cultures and religions, such as the Islamic context of Pakistan's banking sector. This study examines the...
Persistent link: https://www.econbiz.de/10012657031
Based on unique data from a representative computer-based survey among financial decision makers in Germany, this paper empirically examines the determinants of socially responsible investments (SRI). Our econometric analysis implies that the perceived financial performance of SRI matters for...
Persistent link: https://www.econbiz.de/10011616161
This article reflects the renewed interest of economics and the social science discipline in value systems and religion …. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … is whether modernization without spiritual values in a globalized world economy and world society possible in the long …
Persistent link: https://www.econbiz.de/10010271305
An economic theory of immigration and immigrant absorption for a religious minority is developed and applied to Jewish history. Human capital is classified according to whether it is allocative or productive, transferable or location-specific, general or Jewish. Crossclassifying these categories...
Persistent link: https://www.econbiz.de/10010272721
empirical estimation that employs data from 32 countries (included in the International Social Survey Program: Religion II …
Persistent link: https://www.econbiz.de/10010273867
. We introduce religiosity, measured as the share for which religion is important in daily life, to explain institutional …
Persistent link: https://www.econbiz.de/10010320238
We use factor analysis to derive a robust measure of religiosity from items reported in five waves of the World Value … to fall to about half its pre-modern level. Most components of the demand for religion are reduced by development. The … supply of religion declines once churches lose control over the institutions providing collective goods like education …
Persistent link: https://www.econbiz.de/10010265850
The current study examines individuals who were raised in a certain religion and at some stage of their life left it …. Currently, they define their religious affiliation as 'no religion'. A battery of explanatory variables (country-specific ones … tendency of individuals to leave their religion is strongly correlated with the degree of strictness of their country and with …
Persistent link: https://www.econbiz.de/10010268893
We find a U-shaped relation between happiness and religiosity in cross-country panel data after controlling for income levels. At a given level of income, the same level of happiness can be reached with high and low levels of religiosity, but not with intermediate levels. A rise in income causes...
Persistent link: https://www.econbiz.de/10010293520