Showing 1 - 10 of 93
In this paper the author compared 13stock exchange indexes of American, British and German markets and determined their impact on Polish Wig and WIG20 indexes. The analysis proved that the British FTSE100 and FTSE250 as well as the German DAX had the biggest influence on the Warsaw indexes. The...
Persistent link: https://www.econbiz.de/10009959710
This paper shows that most admired companies generate admirable stock performance relative to the market. The current study analyses risk premiums and risk-adjusted excess returns of a portfolio of firms ranked as the most admired companies in the United States from 2006 to 2011. The results...
Persistent link: https://www.econbiz.de/10010118415
This paper theoretically examines the impact of conservatism on the asset price in an asset market allowing for strategic interactions among traders. Due to the trades coming from conservatism traders contain less informational content, the asset price is shown to be less informative in the...
Persistent link: https://www.econbiz.de/10010148065
This study investigates how commercial paper rates respond to the innovations in stock market risk premiums. The unrestricted vector autoregression (VAR) analysis of monthly data from 1997:1 to 2012:M6 shows that the changes in the one-, two-, and three-month non-financial and financial...
Persistent link: https://www.econbiz.de/10010148283
This study proposes a process for observing evidence of insider trading in the Athens Stock Exchange (ASE). This is performed by building an environment which, based upon previous research, common sense and information technology, may be used for observing such evidence. It is designed to be...
Persistent link: https://www.econbiz.de/10010098104
This contribution analyzes bull and bear markets from 1954:1-2011:2 in the US-stock index S&P 500. Thereby, a 2-State-Markov-Switching model is applied to figure out bull and bear market regimes within the latter period, whereby the estimated state probabilities are used to estimate a dummy...
Persistent link: https://www.econbiz.de/10010079541
documented momentum' profits to some risk factors using as benchmark the CAPM and the Fama and French three-factor model. The … factors seem accounting for the Tunisian momentum profits. -- momentum effect ; emerging stocks' markets ; CAPM model ; Fama …
Persistent link: https://www.econbiz.de/10010009069
The purpose of this research is try to create Capital Asset Pricing Model (CAPM) alternative model at Indonesia Stock … support the previous researches which are done by many scholars, and give opportunities to VaR build alternative CAPM model …
Persistent link: https://www.econbiz.de/10010009093
Persistent link: https://www.econbiz.de/10010147431
The adoption and expansion of IT (Information Technologies) in environment enterprise is taking place at high speed. ERP systems arise from the most innovative IT and computer systems and these have been implemented by companies around the world. When the system is implemented, the maintenance...
Persistent link: https://www.econbiz.de/10009958320