This paper provides guidance on how to use matched samples to test for differences in trade execution costs (e.g. quoted and effective spreads). Based on extensive simulation results, we conclude that the best practice is to match firms one - to - one based on market capitalization and share...

This paper provides guidance on how to use matched samples to test for differences in trade execution costs (e.g., quoted and effective spreads). Based on extensive simulation results, we conclude that the best practice is to match firms one-to-one based on market capitalization and share price,...

This study evaluates the efficiency of cross hedging with the new single stock futures (SSF) contracts recently introduced in the United States. We use matched sample estimation techniques to select SSF contracts that will reduce the basis risk of crossing hedging and will yield the most...

This study evaluates the efficiency of cross hedging with single stock futures (SSF) contracts. We propose a new technique for hedging exposure to an individual stock that does not have options or exchange-traded SSF contracts written on it. Our method selects as a hedging instrument a portfolio...

This study evaluates the efficiency of cross hedging with single stock futures (SSF) contracts. We propose a new technique for hedging exposure to an individual stock that does not have options or exchange-traded SSF contracts written on it. Our method selects as a hedging instrument a portfolio...

Purpose: A compliance support system (CSS) aims to support employees' voluntary compliance activities, however, it requires a different approach from the continuous usage of other general information systems. This study first set up a research model based on information system (IS) continuance...

Purpose: Effective risk management (RM) requires not only proactive prevention, but also reactive response where the role of individual managers is pivotal as they are the main players to perform RM behavior. Hence, the key questions related to effective corporate RM can be identified as how...

In sports, virtual spaces are sometimes utilized to enhance performance or user experience. In this study, we conducted a frequency analysis, semantic network analysis, and topic modeling using 134 abstracts obtained through keyword searches focusing on "sport(s)" in combination with...