Results 41 to 50 of about 220 (167)

When do proxy advisors improve corporate decisions?

Economic Inquiry, EarlyView.
Abstract This paper studies the impact of proxy advisors on shareholder decision‐making. We posit two assumptions: (i) the board is at least as well informed as any individual shareholder; (ii) shareholders can condition their information acquisition on the proxy advisor's (PA) recommendation.
Berno Buechel, Lydia Mechtenberg, Alexander F. Wagner   +2 more
wiley   +1 more source

The Role of Index Fund Ownership in the Era of Say‐on‐Pay

Financial Management, EarlyView.
ABSTRACT We examine whether and how index funds influence executive compensation in the post‐Say‐on‐Pay era. Using the annual reconstitution of the Russell indexes as a source of exogenous variation in index fund ownership, we document a causal effect of index ownership on CEO pay structure.
Kiseo Chung, Hwanki Brian Kim
wiley   +1 more source

Review of Research on Digital Financial Literacy: Measurement, Causes, and Impact

Journal of Economic Surveys, EarlyView.
ABSTRACT This literature review comprehensively analyzes the evolving research on digital financial literacy (DFL) and synthesizes findings from 53 articles published between 2005 and 2025. The review was based on a systematic search across major academic databases.
Weiqiang Tan, Wenhao Zhang, Xingyu Zhang
wiley   +1 more source

Do deepfakes, digital replicas and human digital twins justify personality rights?

The Journal of World Intellectual Property, EarlyView.
Abstract Unauthorised deepfakes are deeply problematic, from the spreading of misinformation to non‐consensual pornographic content. This paper asks whether deepfakes, digital replicas and human digital twins justify personality rights. To address this question, it examines the harms that deepfakes can cause through disinformation, demeaning content ...
Hayleigh Bosher
wiley   +1 more source

Reassessing the Impact of Artificial Intelligence on Employment: Evidence Against the Mass Job Loss Hypothesis

LABOUR, EarlyView.
ABSTRACT Advances in artificial intelligence (AI) and robotics since 2000 led to widespread concern that automation would eliminate a massive number of jobs. Frey and Osborne's influential study concluded AI and robots might eliminate nearly half of all US jobs between 2010 and 2030.
Michael J. Handel
wiley   +1 more source

Robust Mean–Variance Portfolio Optimization: Mean–Variance–Variance Criterion Versus Mean–Variance–Standard Deviation Criterion

Mathematical Finance, EarlyView.
ABSTRACT We study a dynamic portfolio optimization problem under the mean–variance–variance (M‐V‐V) criterion proposed by Maccheroni et al. It is an analogue of the Arrow–Pratt approximation to the well‐known smooth ambiguity model. Under the standard Black–Scholes framework, we derive fully explicit equilibrium investment strategies in which a DM's ...
David Landriault, Bin Li, Yuanyuan Zhang
wiley   +1 more source

Technology‐Enabled Financial Help‐Seeking: Evidence of AI and Financial Planners on Retirement Saving Behavior

FINANCIAL PLANNING REVIEW, Volume 9, Issue 3, September 2026.
ABSTRACT This study aims to examine the effectiveness of three sources of retirement planning advice: AI tools, financial planners, and their combined use, in shaping retirement saving behavior. We introduce the Technology‐Enabled Financial Help‐Seeking (TEFHS) framework, which extends earlier models of financial help‐seeking by incorporating ...
Efthymia Antonoudi, Eric T. Ludwig
wiley   +1 more source

Evaluating robo-advisors through behavioral finance: a critical review of technology potential, rationality, and investor expectations

Frontiers in Behavioral Economics
The mini review assesses the value propositions of robo-advisors through the lens of behavioral finance. Despite their promise of data-driven, rational investment strategies, robo-advisors may not fully replicate the personalized service of human ...
Kim Sandy Eichler, Elizabeth Schwab
doaj   +1 more source

Who uses Robo-Advisors? The Polish Case

EUROPEAN RESEARCH STUDIES JOURNAL, 2020
Purpose: The article's objective is to present how users evaluate automatic financial advisory services in Poland and their socio-economic characteristics Design/Methodology/Approach: The financial services sector is undergoing a profound transformation, mainly due to technological factors, the introduction of modern financial solutions, and changes ...
Warchlewska, Anna, Waliszewski, Krzysztof   +1 more
openaire   +3 more sources

Artificial Intelligence Use for Financial Advice and Financial Behaviors: The Role of Financial Knowledge

FINANCIAL PLANNING REVIEW, Volume 9, Issue 3, September 2026.
ABSTRACT With the advent of Artificial Intelligence (AI)‐driven tools in financial services and planning, there is concern about the role of AI‐driven financial advice and openness to these in relation to individual financial behaviors, particularly regarding clients' interpretation of this advice and its applicability to their financial situations ...
Olamide Olajide, Tanaka Chimbane, Yan Lu
wiley   +1 more source