Showing 1 - 10 of 11
The influences of alkali and alkali–earth salts on the combustion of municipal solid waste (MSW) have been studied by thermogravimetric analysis (TGA). In the presence of alkali and alkali–earth salts, the combustion of MSW become easier than that of non-catalyzed MSW. By comparing the...
Persistent link: https://www.econbiz.de/10010811660
Purpose–The purpose of this paper is to investigate how insiders’ trades are executed and whether and how outside investors can mimic outperforming insiders and reap substantial portfolio returns that withstand the erosion from adjustments for both the standard factors and stock...
Persistent link: https://www.econbiz.de/10010891193
This paper analyses the characteristics and functioning of real estate markets. It focuses on the relationship between developments in these markets and the financial sector to determine under what circumstances real estate booms and busts can develop and how they can affect the health and...
Persistent link: https://www.econbiz.de/10005248144
Persistent link: https://www.econbiz.de/10010627144
Purpose–The purpose of this paper is to conduct an empirical analysis of the trading performance of US corporate insiders. Design/methodology/approach–Based on the volume weighted average price (VWAP), the authors propose a metric to measure the trading performance of US corporate insiders:...
Persistent link: https://www.econbiz.de/10010561544
Purpose–The purpose of this paper is to provide some rational perspectives for the flight-to-liquidity event rather than simply attributing it to the change in investor sentiment. Design/methodology/approach–The paper builds a model to highlight the inherent difference in investors'...
Persistent link: https://www.econbiz.de/10010565826
Persistent link: https://www.econbiz.de/10005320018
We investigate the relationship between CEO performance pay incentives and firm productivity. In general, we find an inverse U-shaped relationship between productivity and the sensitivity of CEO wealth to share value (delta) and a positive relationship between productivity and the sensitivity of...
Persistent link: https://www.econbiz.de/10008488226
We identify firms according to two life cycle stages, namely growth and maturity, and test the pecking order theory of financing. We find a strong maturity effect, i.e., the pecking order theory describes the financing behavior of mature firms better than growth firms. Our findings show that...
Persistent link: https://www.econbiz.de/10010598992
We design modified value investing strategies in emerging equity markets by comparing a country's value weight with its market capitalization weight among a group of emerging countries. These strategies can be easily tested and implemented by using various country index funds. Our proposed...
Persistent link: https://www.econbiz.de/10008773775