Results 71 to 80 of about 53,498 (290)
Strategic (Inconsistent) Disclosures and Sophisticated Investors: Evidence from Hedge Funds
Journal of Accounting Research, EarlyView.ABSTRACT Recent SEC regulations require that qualified hedge fund advisers provide their investors with narrative disclosures of their business and operations. We find that 40% of these disclosures omit or de‐emphasize information regarding advisers' operational and investment risks when compared to other sources of public information. Funds with such “
YICHANG LIU +2 more
wiley +1 more source
Some economic remarks on arbitrage theory [PDF]
Today's primarily mathematically oriented arbitrage theory does not address some economically important aspects of pricing. These are, first, the implicit conjecture that there is 'the' price of a portfolio, second, the exact formulation of no-arbitrage,
Nietert, Bernhard, Wilhelm, Jochen
core
Implicit transaction costs and the fundamental theorems of asset pricing
, 2017 This paper studies arbitrage pricing theory in financial markets with implicit transaction costs. We extend the existing theory to include the more realistic possibility that the price at which the investors trade is dependent on the traded volume.
Allaj, Erindi
core +1 more source
Natural Resources Forum, EarlyView.ABSTRACT The MENA region faces a critical challenge: balancing economic growth spurred by foreign direct investment (FDI) with environmental sustainability. While FDI can bring technological advancements and capital, concerns exist about its potential to exacerbate environmental degradation, particularly carbon emissions.
Brahim Bergougui, Syed Mansoob Murshed
wiley +1 more source
The Arbitrage Pricing Theorem with Incomplete Preferences [PDF]
This paper proves existence of equilibrium and the arbitrage pricing theorem for an asset exchange economy, where the individual's preferences may be incomplete or intransitive.
David Kelsey, Erkan Yalcin
core
Capitalization of state tax rates in housing values at state borders, 2000–2017
Real Estate Economics, EarlyView.Abstract We derive a model that demonstrates the interrelationship between housing prices, tax rates, government services, and naturally occurring amenities between adjacent markets. The model is tested against county‐level data at state borders using US Census housing price data from 2000 to 2017.
Yulong Chen, Liyuan Ma, Peter F. Orazem
wiley +1 more source
Testing APT Model upon a BVB Stocks’ Portfolio [PDF]
Informatică economică, 2011 Applying the Arbitrage Pricing Theory model (APT), there can be identified the major factors of influence for a BVB’ portfolio stocks' trend. There were taken into consideration two of the APT theory models, establishing influences upon portfolio's yield:
Alexandra BONTAŞ, Ioan ODAGESCU
doaj
Global Spillovers Between Sustainable And Traditional ETFS: Crisis Dynamics And Policy Implications
Global Policy, EarlyView.ABSTRACT This paper examines the interconnections between segments of exchange‐traded funds (ETFs), bridging the traditional financial perspective with the sustainability‐driven approach based on the Sustainable Development Goals (SDGs) outlined in Agenda 2030. The analysis is endogenous, focusing on the shocks that emerge within the system composed of
Vítor Manuel de Sousa Gabriel +4 more
wiley +1 more source
Risk-Neutral Pricing for Arbitrage Pricing Theory [PDF]
, 2020 Laurence Carassus, Miklós Rásonyi
openalex +1 more source