Results 271 to 280 of about 1,250,342 (317)
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INVESTMENT HORIZON AND EFFICIENT FRONTIER
Journal of International Business and Economics, 2015This paper verified the impact of the investment horizon in the allocation of an optimized portfolio. To do so, we generated efficient frontiers from a group of diversified global asset classes considering time series of returns of the past 10 years. It was possible to prove that the investment horizon impacts the composition of optimal portfolios for ...
Jose Luiz Barros Fernandes +2 more
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The Electricity Journal, 1988
Abstract A “regulatory revolution” is sweeping the country, with emphasis on least-cost planning, resource bidding, and incentives for utilities as well as consumers.
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Abstract A “regulatory revolution” is sweeping the country, with emphasis on least-cost planning, resource bidding, and incentives for utilities as well as consumers.
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Institutional Investment Horizons and Labor Investment Efficiency
SSRN Electronic Journal, 2015We investigate how the investment horizon of a firm’s institutional shareholders affects the efficiency of its labor investments. We argue that long-term investors have greater incentives to engage in effective monitoring, which reduces agency conflicts in labor investment choices.
Mohamed Ghaly +2 more
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Board Compensation and Investment Efficiency
SSRN Electronic JournalIn their role as initiators of new business projects, CEOs have an advantage over access to and control over project-related information. This exacerbates pre-existing agency frictions and may lead to investment inefficiencies. To counteract this challenge, incentive compensation for corporate boards (responsible for approving major projects) emerges ...
Gregor, Martin, Michaeli, Beatrice
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Industrial Groups and Investment Efficiency*
The Journal of Business, 2002Using a sample of 8,790 firm-years between 1993 and 1998, I examine investment policies of firms in Japanese industrial groups relative to independent firms. Contrary to independent firms, there is little evidence that group firms' investment is sensitive to ex-ante proxies of growth opportunities and for the most tightly linked firms in the industrial
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Bargaining, Competition and Efficient Investment
2013This paper explores the interplay between choice of investment type (specific vs. general), bargaining extensive form and endogenous outside options in the framework of incomplete contracts introduced formally in the work of Grossman, Hart and Moore. We find that the bargaining procedure chosen has significant implications for choice of investment and ...
Chiu, SYW, Chatterjee, K
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Intelligent Investment Dashboards to Improve Investment Efficiency
SSRN Electronic Journal, 2018Investment staff at asset owners spend an inordinate amount of time on a critical non-investment activity – reporting, which is a material fiduciary and governance requirement. Massive resources spent to prepare monthly/quarterly reports are costly for asset owners on a tight budget.
Monel Amin, Arun Muralidhar
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Overinvestment, Underinvestment, Efficient Investment Decrease, and Efficient Investment Increase
International Journal of Asian Social Science, 2014Using data of Chinese listed companies, we find that the relationship between capital expenditure growth and stock return does not monotonously increase or decrease. Four types of relationships exist between capital expenditure growth and stock returns: overinvestment, underinvestment, efficient investment decrease, and efficient investment increase ...
Hairong Tang +2 more
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Information efficiency in investment
Proceedings of 1995 IEEE International Symposium on Information Theory, 2002We answer the question, what should we say about V when we want to gamble on X, and what is it worth? If V=X, we show that every bit of description at rate R is worth a bit of increase /spl Delta/(R) in the doubling rate. Thus the efficiency /spl Delta/(R)/R is equal to 1.
T.M. Cover, E. Erkip
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Toward Tax-Efficient Low-Volatility Investing
The Journal of Portfolio Management, 2021This paper reevaluates the low volatility investing strategies and, in particular, their tax efficiency. Low volatility strategies intend to help investors achieve market-like equity returns, but with less risk than that of the broader market. Among the low volatility strategies, those with lower volatility carry lower returns, but incur higher ...
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