Results 31 to 40 of about 57,780 (50)
Revisiting M&M with Taxes: An Alternative Equilibrating Process
Modigliani and Miller present an equity-quantity shifting equilibrating process to achieve an optimal firm value in the presence of corporate taxes. However, in the era in which they derived their various propositions regarding the relation between a ...
Kenneth J. Kopecky+3 more
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Enhanced Portfolio Performance Using a Momentum Approach to Annual Rebalancing
After diversification, periodic portfolio rebalancing has become one of the most widely practiced methods for reducing portfolio risk and enhancing returns.
Michael D. Mattei
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Income Redistribution in Croatia: The Role of Individual Taxes and Social Transfers [PDF]
The paper discusses the methodology and preliminary results of an investigation of the redistributive effects of social security contributions (SSC), personal income tax (PIT), public pensions as well as means-tested and non-means-tested cash benefits in
Ivica Urban
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The aim of this article is to investigate the explanatory variables of the number of Facebook fans and Twitter followers for professional sports clubs based on the financial value literature.
Nicolas Scelles+4 more
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Risk Taking and Fiscal Smoothing with Sovereign Wealth Funds in Advanced Economies
In an economy with a sovereign wealth fund (SWF), the government may draw on the fund to supplement other government revenues. If the fund is invested in risky assets, this introduces a new stochastic element into the government’s budget.
Snorre Lindset, Knut Anton Mork
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Cross-border capital flows have been a major force driving economic globalization. Foreign direct investment (FDI) plays a decisive role in seeking out market technology brands and enhancing the global competitiveness among international inflows.
Xinna Zhao+3 more
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The Determinants of Dividend Policy: A Study of Financial Industry in Indonesia
Dividend policy is still a controversial issue and often debated in the literature of corporate finance. Previous literature has examine that companies pay dividend is to attract investors to buy their companies shares.
Gusni Gusni
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Since the 1990s, the SEC has advocated for financial disclosures to be in “plain English” so that they would be more readable and informative. Past research has shown that high readability is related to more extreme investor judgments of firm performance.
Xiao Carol Cui
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Spatially-Aggregated Temperature Derivatives: Agricultural Risk Management in China
In this paper, a new form of weather derivative contract, namely the climatic zone-based growth degree-day (GDD) contract, is introduced. The objective is to increase the risk management efficiency in the agricultural sector of China and to reduce the ...
Lu Zong, Manuela Ender
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Quantity versus Price Rationing of Credit: An Empirical Test
One proxy of price rationing of credit is an aggregation of information on interest rates, while loan officer survey data measures quantity rationing of credit, meaning some borrowers are denied loans.
George A. Waters
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