Results 31 to 40 of about 488,854 (350)
CORPORATE HEDGING AND SHAREHOLDER VALUE [PDF]
AbstractAlthough theory suggests that corporate hedging can increase shareholder value in the presence of capital market imperfections, empirical studies show overall mixed support for rationales of hedging with derivatives. Although various empirical challenges and limitations advise some caution with regard to the interpretation of the existing ...
Aretz, K, Bartram, S
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Shareholders and Firm Value for Manufacturing Companies Listed in Indonesia Stock Exchange
Domestic institutional shareholders and foreign shareholders differently influence firm value. Using panel data from the manufacturing company listed in the Indonesia Stock Exchange (IDX), from 2014 to 2017, and regression analysis, these types of ...
Muhammad Rifky Santoso, Iskandar Muda
doaj +1 more source
On the surplus management of funds with assets and liabilities in presence of solvency requirements [PDF]
In this paper we consider a company whose assets and liabilities evolve according to a correlated bivariate geometric Brownian motion, such as in Gerber and Shiu (2003). We determine what dividend strategy maximises the expected present value of dividends until ruin in two cases: (i) when shareholders won't cover surplus shortfalls and a solvency ...
arxiv +1 more source
Ethical aspects of shareholder value objective
Over the past decades, the ideology of shareholder value, which implies that the sole legitimate purpose of the corporation is to maximize shareholder profits, has unquestionably been a dominant principle for corporate governance.
Anna Rzepka
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Shareholder Rights and Performance of Deposit Taking SACCO’s
Purpose:Greater attention has paid on shareholder rights in the 21st century by shareholders, regulators and the general public. Effective shareholder protection mechanisms have played a crucial role thus bolstering shareholder confidence and retention.
Jackline Odero
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Value and growth stocks and shareholder value creation in Brazil [PDF]
Purpose – Investors label high (low) book-to-market (B/M) firms as value (growth) companies. The conventional wisdom supports that growth stocks grow faster than the value ones, creating greater shareholder value.
Lucas Nogueira Cabral de Vasconcelos+1 more
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The scale-free topology of market investments [PDF]
We propose a network description of large market investments, where both stocks and shareholders are represented as vertices connected by weighted links corresponding to shareholdings. In this framework, the in-degree ($k_{in}$) and the sum of incoming link weights ($v$) of an investor correspond to the number of assets held (\emph{portfolio ...
arxiv +1 more source
The Effect of Marketing Investment on Firm Value and Systematic Risk [PDF]
Analyzing the financial benefit of marketing is still a critical topic for both practitioners and researchers. Companies consider marketing costs as a type of investment and expect this investment to be returned to the company in the form of profit. On the other hand, companies adopt different innovative strategies to increase their value.
arxiv +1 more source
ShareholderValues, not Shareholder Value
This article rebuts the still-common assumption that managers of capitalist entities have a duty, principally or even exclusively, to maximise the monetary return to investors on their investments. It argues that this view is based on a misleadingly simplistic conception of human values and motivation.
Sampford, Charles, Berry, Virginia
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The Shared Cost of Pursuing Shareholder Value [PDF]
We propose a portable framework to infer shareholders' preferences, their influence on firms' prosocial decisions, and the resulting economic consequences for firms and marginalized shareholders. Using quasi-experimental variations tied to media coverage of firms' annual general meetings, we find that shareholders support costly prosocial actions, such
arxiv