Results 101 to 110 of about 100,218 (293)

Crashes as Critical Points

, 1998
We study a rational expectation model of bubbles and crashes. The model has two components : (1) our key assumption is that a crash may be caused by local self-reinforcing imitation between noise traders.
Johansen, Anders, Ledoit, Olivier, Sornette, Didier   +2 more
core   +4 more sources

Do Investors React Differently to GHG Emission in Stock Pricing Across Firms? Evidence From Commonwealth African Countries Using a Novel Wavelet‐Enhanced QQR Approach

Corporate Social Responsibility and Environmental Management, EarlyView.
ABSTRACT This study examines the intricate and asymmetric relationship between corporate greenhouse gas emission disclosure and stock returns and crash risks, focusing on listed firms in six Commonwealth African countries characterized by regulatory fragility, limited investor protection, and growing climate vulnerability.
Idorenyin J. Okon, Adeolu O. Adewuyi, Simplice A. Asongu   +2 more
wiley   +1 more source

Back to Basics in Banking? A Micro-Analysis of Banking System Stability [PDF]

This paper analyzes the relationship between banks’ divergent strategies toward specialization and diversification of financial activities and their ability to withstand a banking sector crash.
De Jonghe, O.G.
core   +1 more source

Towards a typology for systemic financial instability [PDF]

, 2003
This article seeks to provide a categorisation of events of systemic financial instability that have been experienced in recent decades, seeking to draw out common elements from these seemingly-diverse events.
Davis, EP
core   +1 more source

Stock Market Speculation: Spontaneous Symmetry Breaking of Economic Valuation

, 2000
Firm foundation theory estimates a security's firm fundamental value based on four determinants: expected growth rate, expected dividend payout, the market interest rate and the degree of risk.
Andersen, Aravind, Bachelier, Blanchard, Champenowne, Consoli, de Calan, de Haan, Didier Sornette, Drugowich de Felicio, Galbraith, Goldenfeld, Gordon, Graham, Johansen, Johansen, Johansen, Laherrère, Lamont, Malkiel, Moss de Oliveira, Samuelson, Sivardiere, Sivardiere, Sornette, Sornette, Von Newmann, Weinberg, Williams   +28 more
core   +1 more source

Cultural Pathways to Sustainability: How Organizational Cultures Shape Firms' ESG Performance

Corporate Social Responsibility and Environmental Management, EarlyView.
ABSTRACT Understanding how organizational culture shapes firms' environmental, social, and governance (ESG) performance is essential for advancing effective sustainability management. Culture reflects shared values and norms that shape how firms enact ESG principles.
Marianna Delegach, Tal Katz‐Navon, Dana R. Vashdi   +2 more
wiley   +1 more source

Environmental risk and stock price crash risk: Evidence from energy substitution policy adoption

International Review of Economics & Finance
Exploring the staggered adoption of energy substitution policy, we investigate the relationship between reduced environmental risk and stock price crash risk. The result shows that stock price crash risk decreases following the policy's passage. Moreover,
Sen Li, Yi Zhang
doaj   +1 more source

Back to the basics in banking ? A micro-analysis of banking system stability [PDF]

This paper analyzes the relationship between banks’ divergent strategies toward specialization and diversification of financial activities and their ability to withstand a banking sector crash.
Olivier De Jonghe
core  

The Flash Crash: An Examination of Shareholder Wealth and Market Quality [PDF]

, 2014
We investigate stock returns, market quality, and options market activity around the flash crash of May 6, 2010. Abnormal returns are negative on the day of and the day after the flash crash for stocks that had trades that executed during the crash ...
Boulton, Thomas J., Braga-Alves, Marcus V., Kulchania, Manoj   +2 more
core   +1 more source

Characterization of large price variations in financial markets

, 2002
Statistics of drawdowns (loss from the last local maximum to the next local minimum) plays an important role in risk assessment of investment strategies.
Johansen, Anders
core   +3 more sources