Showing 1 - 10 of 2,278
Persistent link: https://www.econbiz.de/10009615781
operationalized as foreign direct investment (FDI) stocks, inflows, and outflows. The results for the years 1980-2000 indicate that …
Persistent link: https://www.econbiz.de/10008855370
Purpose – The purpose of this paper is to investigate the policy consequences of expensing stock-based compensation in Taiwan. Design/methodology/approach – Data were collected on listed firms from 2006 to 2008 and a goodness-of-fit of accounting earnings valuation model was used to...
Persistent link: https://www.econbiz.de/10008862305
of Finnish non-financial stocks based on their DEA scale efficiency scores. The performance of portfolios is evaluated on … using longer reformation intervals. Research limitations/implications – The sample of stocks is not large in spite of its … methodology in cases in which the number of stocks in the sample is large. Originality/value – This paper is the first attempt to …
Persistent link: https://www.econbiz.de/10009392938
Persistent link: https://www.econbiz.de/10009396877
Purpose – The purpose of this paper is to directly examine the information hypothesis of S&P 500 index inclusion announcements by investigating the degree to which information beyond Standard & Poor's eight stated criteria enters the inclusion decision. Design/methodology/approach –...
Persistent link: https://www.econbiz.de/10009319832
from a new perspective by examining the relation of the adoption of ESOP and the company cost of capital. Design …/methodology/approach – The capital asset pricing model is used to estimate the company's cost of equity capital, and the cost of debt is … estimated using bond yield spreads. The weighted average cost of capital (WACC) is calculated as the weighted percentage of the …
Persistent link: https://www.econbiz.de/10009275359
asymmetric loss functions, while back-testing and two utility-based loss functions are employed for further VaR assessment with …
Persistent link: https://www.econbiz.de/10009275389
constant discount rate and growth rate, the optimal selling timing depends on the simple comparison between capital cost and …
Persistent link: https://www.econbiz.de/10010688411
Purpose – Financial markets’ integration and technological advances in equity trading may have reduced the potential benefits from listing a firm's shares on a foreign exchange. Nevertheless, a significant number of firms continue to cross-list every year. This paper examines the recent...
Persistent link: https://www.econbiz.de/10010691538