Results 201 to 210 of about 88,606 (298)

Residual Income Valuation and Stock Returns: Evidence From a Value‐to‐Price Investment Strategy*

open access: yesFinancial Review, EarlyView.
ABSTRACT This paper contributes to the accounting and asset pricing anomalies literature by investigating the performance of value‐to‐price (V/P) strategies, and the relationship between V/P ratio and various risk proxies. If the V/P ratio successfully predicts future returns at stock level, we hypothesize that portfolios based on the V/P ratio ...
Ahmad Haboub   +2 more
wiley   +1 more source

Long‐Term Institutional Investors and Executive Compensation

open access: yesFinancial Review, EarlyView.
ABSTRACT Standard agency theory views would suggest that long‐term investors will use long‐term CEO compensation to align incentives and promote long‐term value maximization. An alternative view is that long‐term investors—who are more able to bear the fixed costs associated with monitoring—will monitor more heavily than short‐term investors, reducing ...
T. Colin Campbell   +2 more
wiley   +1 more source

Counting Women, Keeping Men in Power? Willingness–Ability–Authority in Family Firms

open access: yesGender, Work &Organization, EarlyView.
ABSTRACT This commentary unsettles the “add‐women‐and‐stir” perspective and re‐centers gendered power in family firms as a question of governance, not headcounts. We see family firms as gendered regimes where kinship, ownership, and succession intertwine with broader societal gender norms to maintain patriarchal settlements.
Natalia Vershinina   +4 more
wiley   +1 more source

Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley   +1 more source

Accounting for the Evolution of China's Production and Trade Patterns

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We study the evolution of China's production and trade patterns during its integration into the global economy. Using firm‐level microdata, we document how production and exports shifted across industries and within industries across firms.
Hanwei Huang, Jiandong Ju, Vivian Z. Yue
wiley   +1 more source

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