Results 91 to 100 of about 279,461 (228)
Shanghai Stock Prices as Determined by the Present Value Model [PDF]
Derived from the present-value model of stock prices, our model implies that the log stock price is a linear function of expected log dividends and the expected rate of growth of dividends where expectations are formed adaptively. The model explains very
Gregory C. Chow
core
Human Rights Economic Dividends: Estimating the Economic Effects of Preventing Discrimination
Sustainable Development, EarlyView.ABSTRACT Economies embracing principles like nondiscrimination are presumed to reap significant rewards, while violations incur heavy costs. We call these benefits human rights economic dividends—the economic gains that arise when policymaking is guided by human rights principles.
Jose Cuesta
wiley +1 more source
The Macroeconomics of Share Prices in the Medium Term and in the Long Run. [PDF]
This paper develops a macro-model of share prices that predicts that the growth rates in real share prices and real dividends gravitate toward predictable constants in the long run, but fluctuate on approximately decennial frequencies due to movements in
Jakob B. Madsen
core
Sustainable Development, EarlyView.ABSTRACT Sustainable debt bond is an emerging instrument aiming at providing companies and governments with extra resources for financing social and environmental policies and attempting to make progress on the Sustainable Development Goals. Regional governments in Spain have issued sustainable bonds in recent years to finance different spending ...
Alberto Turnes +2 more
wiley +1 more source
Patterns in Payout Policy and Payout Channel Choice of UK Firms in the 1990s [PDF]
The paper examines the payout policy of UK firms listed on the London Stock Exchange during the 1990s.We complement the existing payout literature studies by analyzing jointly the trends in dividends and share repurchases.Unlike in the US, we find that ...
Renneboog, L.D.R., Trojanowski, G.
core +1 more source
Strategic Entrepreneurship Journal, EarlyView.Abstract Research Summary We investigate family CEO birth order as an antecedent of family firms' CSR behavior. Despite psychology literature recognizing it as a key predictor of individual behavior, birth order has been largely neglected in management research.
Paola Rovelli +5 more
wiley +1 more source
Are boards reluctant to remove poorly performing successors to interim CEOs?
Strategic Management Journal, EarlyView.Abstract Research Summary Interim CEO appointments are disruptive and costly to firms. Boards justify them as necessary to find the right permanent successor. But what happens if that successor performs poorly? This paper argues that directors may be reluctant to remove a poorly performing successor to an interim CEO early in their tenure.
Robert Langan
wiley +1 more source
The technological uniqueness paradox
Strategic Management Journal, EarlyView.Abstract Research summary We establish a new paradox surrounding technological uniqueness, defined as the degree to which a firm's patented technology portfolio differs from its competitors. On the one hand, technological uniqueness acts as a barrier to incoming technology spillovers and impedes firm performance.
Yang Fan +3 more
wiley +1 more source
Risk, Return and Dividends [PDF]
We characterize the joint dynamics of dividends, expected returns, stochastic volatility, and prices. In particular, with a given dividend process, one of the processes of the expected return, the stock volatility, or the price-dividend ratio fully ...
Andrew Ang, Jun Liu
core
Strategic Management Journal, EarlyView.Abstract Research Summary How do analysts react to communication about firms' strategies? Research has shown that executive communication influences markets, but we know little about reactions to the deeper strategy content communicated. Drawing from research on how evaluative frames and expectation violations shape cognition, we show that when ...
John C. Eklund, Michael J. Mannor
wiley +1 more source