Results 41 to 50 of about 13,388 (185)

Shifting standards due to social class? The role of social class background in CEO career outcomes

Strategic Management Journal, EarlyView.
Abstract Research Summary This study investigates how social class background shapes CEO career outcomes. Extending the shifting standards model to post‐appointment evaluation, we theorize that CEOs from lower‐class backgrounds face persistently high confirmatory standards, producing asymmetric consequences.
Michelle Lee, Shelby L. Gai
wiley   +1 more source

A family of positive nonstandard numerical methods with application to Black-Scholes equation [PDF]

Sahand Communications in Mathematical Analysis, 2017
Nonstandard finite difference schemes for the Black-Scholes partial differential equation preserving the positivity property are proposed. Computationally simple schemes are derived by using a nonlocal approximation in the reaction term of the Black ...
Mohammad Mehdizadeh Khalsaraei, Nashmil Osmani   +1 more
doaj  

The effect of addback statutes on CEO compensation

Accounting &Finance, Volume 65, Issue 1, Page 793-818, March 2025.
Abstract Exploiting the adoption of addback statutes, which occurred at different times, as exogenous shocks to corporate taxable income, we examine the effect of tax policy changes on the compensation of chief executive officers (CEOs). We provide evidence that CEOs of firms headquartered in states affected by addback statutes experienced a decrease ...
Karel Hrazdil, Gerald Lobo, Ray Zhang, Weiji Zhang   +3 more
wiley   +1 more source

On analytical solutions of the Black–Scholes equation [PDF]

, 2009
This work presents a theoretical analysis for the Black–Scholes equation. Given a terminal condition, the analytical solution of the Black–Scholes equation is obtained by using the Adomian approximate decomposition technique.
Zheng, Yao, Bohner, Martin, Yao Zheng, Martin Bohner   +3 more
core   +1 more source

Qualitative financial modelling in fractal dimensions

Financial Innovation
The Black–Scholes equation is one of the most important partial differential equations governing the value of financial derivatives in financial markets. The Black–Scholes model for pricing stock options has been applied to various payoff structures, and
Rami Ahmad El-Nabulsi, Waranont Anukool
doaj   +1 more source

Mitigating policy uncertainty: What financial markets reveal about firm‐level lobbying

American Journal of Political Science, EarlyView.
Abstract Elections can lead to substantial policy changes and, thus, are a significant source of risk. Firms can respond to such policy uncertainty by lobbying, but it is hard to quantify whether they do so and, if so, how much lobbying benefits them. We construct a new dataset and leverage investors’ expectations of variability in stock returns in the
Kristy Buzard, Nathan Canen, Sebastian Saiegh   +2 more
wiley   +1 more source

Black-Scholes Equation and Heat Equation [PDF]

, 2016
First, we present and define the Black-Scholes equation which is used to model assets on the stock market. After that, we derive the heat equation that describes how the temperature increases through a homogeneous material. Finally, we detail how the two
Joyner, Charles D
core   +1 more source

Using a Mix of Finite Difference Methods and Fractional Differential Transformations to Solve Modified Black–Scholes Fractional Equations

Mathematics
This paper discusses finding solutions to the modified Fractional Black–Scholes equation. As is well known, the options theory is beneficial in the stock market.
Agus Sugandha, Endang Rusyaman, Sukono, Ema Carnia   +3 more
doaj   +1 more source

Board Independence and Adjustment Speed of CEO Inside Debt

European Financial Management, EarlyView.
ABSTRACT We find that firms with more independent directors adjust CEO inside debt towards an optimum more quickly. This effect is more pronounced in financially unconstrained, growth, and under‐levered firms, and also firms led by more powerful or overconfident CEOs.
Bonnie Buchanan, Shuhui Wang, Tina Yang
wiley   +1 more source

An Alternative Method for Analytical Solutions of Two-Dimensional Black-Scholes-Merton Equation

Journal of Applied Mathematics, 2023
We present a method of deriving analytical solutions for a two-dimensional Black-Scholes-Merton equation. The method consists of three changes of variables in order to reduce the original partial differential equation (PDE) to a normal form and then ...
Jun Yu, Michael J. Tomas
doaj   +1 more source