Results 111 to 120 of about 2,028 (299)
Alternative Price Dynamics and Valuation of Flexible Strategies
International Journal of Finance &Economics, EarlyView.ABSTRACT In this article, we study the optimal operational strategy of production projects. We investigate different underlying price models and determine the optimal barriers of transition to suspension, recovery, or irreversible abandonment of productive activity.
Cristina Bertolosi +2 more
wiley +1 more source
The informational content of trading statement releases on the JSE
, 2014 Includes bibliographical references.A prevalent finding in prior literature, both internationally and domestically, is the association between earnings information, contained in earnings announcements, and share returns leading up to and following the ...
Murie, Alistair
core
ESG Performance and Credit Risk: Evidence From Chinese Manufacturing Companies
International Journal of Finance &Economics, EarlyView.ABSTRACT This study investigates the effect of corporate environmental, social, and governance (ESG) performance on credit risk using a sample of manufacturing firms listed on China's Shanghai and Shenzhen A‐share markets from 2009 to 2021. Employing fixed effects, the generalised method of moments, and instrumental variable models, we find that ...
Yanan Wang +4 more
wiley +1 more source
Can output explain the predictability and volatility of stock returns?. [PDF]
This paper examines whether a general equilibrium asset pricing model can explain two important empirical regularities of asset returns, extensively documented in the literature: (i) returns can be predicted by a set of macro variables, and (ii) returns ...
Peña Sánchez de Rivera, Juan Ignacio +2 more
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The Effect of Earnings Volatility on Earnings Predictability ——Based on Domestic Capital Market [PDF]
, 2010 盈余的持续性、可预测性和变动性是盈余质量的重要特征，其中盈余的可预测性是以盈余的持续性为前提的。什么因素会影响盈余的持续性和可预测性是研究者普遍关注的重要课题。本文以我国资本市场为基础，利用面板数据的自回归模型和分组的方法研究了盈余波动性对未来盈余可预测性的影响，并进一步分析了影响盈余波动性的因素以及我国资本市场对盈余波动性的识别。 本文发现，在短期盈余可预测性方面，盈余波动性对盈余可预测性的影响显著，并且在影响程度上，超过现金流波动性，应计项目和盈余水平的影响。在长期盈余可预测性方面 ...
陆丹娅
core
Financial reporting quality of ESG firms listed in China. [PDF]
PLoS One, 2023 Wu M, Abeysekera I.
europepmc +1 more source
Bank Income Smoothing, Societal Patriarchy and Policy Uncertainty
International Journal of Finance &Economics, EarlyView.ABSTRACT Using a sample of 745 banks from 26 OECD countries over the period 1997–2023, we investigate the moderating effects of societal patriarchy on bank income smoothing (IS), amidst policy uncertainty (PU). Results indicate that in periods of high PU, banks operating in highly patriarchal societies tend to curtail the use of loan loss provisions ...
Tanveer Ahsan +4 more
wiley +1 more source
Can earnings forecasts be improved by taking into account the forecast bias? [PDF]
The recent period has highlighted a well-known phenomenon, namely the existence of a positive bias in experts' anticipations. Literature on this subject underlines optimism in the financial analyst community.
Karine MICHALON +2 more
core
The Sector Liquidity Timing Ability of Bond Mutual Funds
International Journal of Finance &Economics, EarlyView.ABSTRACT We investigate whether bond mutual fund managers exhibit market liquidity timing skills in the U.S. corporate bond market. At the portfolio level, we find only weak evidence that bond funds adjust their overall market exposure in anticipation of changes in corporate bond market liquidity.
Zhengnan Yin +3 more
wiley +1 more source