Results 221 to 230 of about 40,143 (257)

Equity returns of distressed equity issuers

Finance Research Letters, 2015
Abstract Theoretical and empirical studies show a strong positive correlation between distress and equity issuance which suggests that low future returns of distressed firms ( i.e. , distress anomaly) could be related to the equity issuance puzzle. Upon testing this conjecture, this study finds that low returns of distressed firms are only observed ...
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The Return on Equity

2017
The banking industry still uses the return on equity (RoE) as a measure of performance and as an instrument of internal capital allocation. Some bankers even claim they have to aim at high RoE targets in order to cover the return on capital (RoC) required by shareholders.
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Predicting Equity Returns in Developed Markets [PDF]

, 2021
This chapter examines the relation between various firm-specific variables and the cross-section of equity returns in 26 developed countries. Univariate portfolio analyses using equal-weighted returns show that low beta, book-to-market equity, and momentum analysis are also priced in the cross-section of developed market returns, whereas short-term ...
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Factorization of Equity Returns

SSRN Electronic Journal, 1999
The relative return of an equity portfolio with respect to the market is factored into three components. The factorization separates the eects due to change in the distribution of capital in the market, to change in rank of the stocks in the portfolio, and to dividends.
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Equity returns, bond returns, and the equity premium in the German capital market

The European Journal of Finance, 1999
This article reviews the empirical evidence for equity returns, bond returns, and the equity premium in the German capital market for the period from 1870 to 1995. Taken together, the studies reviewed provide convincing evidence that over longer investment periods, average equity returns have been higher than average bond returns. These excess returns,
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Debt and Equity — Risks and Returns

1984
An initial insight into the identity and characteristics of the principal investment types can best be gained by studying Examples 2.1–2.3, concerning first housing and then business finance.
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Ratings, Commercial Paper, and Equity Returns

The Journal of Finance, 1994
ABSTRACTWe present the first evidence that initial ratings of commercial paper influence common stock returns. Highly‐rated industrial issues of commercial paper, unaccompanied by bank letters of credit, are associated with significantly positive abnormal returns; lower‐rated issues are not.
Nayar, Nandkumar, Rozeff, Michael S
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Returns and Risk to Private Equity

2011
We assess returns and risks to private equity investors from 35 European countries for the time interval of 1996-2008. We find that returns to private equity are significantly higher than returns to publicly traded equity. Using customary measures to adjust for risk, the spread between private and public equity returns is sufficiently high to justify ...
Marchica, Maria-Teresa, Mura, Roberto
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Pricing and Return on Equity

1994
To price facilities correctly, banks need three types of information: their target return on equity; what capital each facility uses, to calculate that return; and for products other than loans, what loan equivalent to use to allocate capital on a comparable basis.
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Idiosyncratic Coskewness and Equity Return Anomalies

2010
In this paper, we show that in a model where investors have heterogeneous preferences, the expected return of risky assets depends on the idiosyncratic coskewness beta, which measures the co-movement of the individual stock variance and the market return.
Chabi-Yo, Fousseni, Yang, Jun
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