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Research in finance. Volume 28.

Contributions to Research in Finance, volume 28, include finance theory and financial practice, plus accounting issues such as reporting derivatives positions, reflecting intangible holdings, or predicting financial distress.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Kensinger, John W.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bingley, UK : Emerald, 2012.
Edición:1st ed.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • FRONT COVER; RESEARCH IN FINANCE; COPYRIGHT PAGE; CONTENTS; LIST OF CONTRIBUTORS; INTRODUCTION; CHAPTER 1 AN EMPIRICAL EXPLORATION OF THE CBOE VOLATILITY INDEX (VIX) FUTURES MARKET AS A HEDGE FOR EQUITY MARKET AND HEDGE FUND INVESTORS; LITERATURE REVIEW; EMPIRICAL PROPERTIES OF THE CASH VIX AND THE CASH-FUTURES BASIS; EXPLANATION OF THE VOLATILITY FUTURES RISK PREMIUM; THE RELATIONSHIP BETWEEN VIX AND THE S&P 500; USING VIX TO REDUCE HIGHER MOMENT RISKS OF HEDGE FUNDS; CONCLUSION; REFERENCES; CHAPTER 2 GLOBAL EARNINGS FORECASTING EFFICIENCY; UNDERSTANDING RISK AND PORTFOLIO CONSTRUCTION
  • EXPECTED RETURNS MODELING AND STOCK SELECTIONEFFICIENT PORTFOLIO CONSTRUCTION; ADDITIONAL EVIDENCE ON TRACKING ERROR AT RISK AND EFFICIENT PORTFOLIO CONSTRUCTION; CONCLUSIONS; NOTES; ACKNOWLEDGMENTS; REFERENCES; DISCLAIMER; CHAPTER 3 THE IMPACT OF EMPLOYEE STOCK OWNERSHIP ON FIRMS' INVESTMENTS AND MARKET VALUE; INTRODUCTION; LITERATURE REVIEW; EMPLOYEE OWNERSHIP AND ENHANCED PRODUCTIVITY; EMPLOYEE OWNERSHIP AND THE MARKET VALUE OF EQUITY; EMPLOYEE STOCK OWNERSHIP VERSUS OTHER COMPENSATION PLANS; IMPLICATIONS; CONCLUDING REMARKS; NOTES; ACKNOWLEDGMENTS; REFERENCES
  • APPENDIX: CONFLICTS OF INTEREST IN CORPORATE INVESTMENT DECISIONSCHAPTER 4 ABNORMAL RETURNS AND IN-HOUSE MERGERS AND ACQUISITIONS; INTRODUCTION; LITERATURE REVIEW AND HYPOTHESES DEVELOPMENT; SAMPLE AND DATA; DESCRIPTIVE STATISTICS AND UNIVARIATE COMPARISONS; SHAREHOLDER WEALTH EFFECTS; CONCLUSION; NOTES; REFERENCES; APPENDIX; CHAPTER 5 ENHANCING THE ROLE OF REAL OPTIONS IN FINANCIAL DECISION MAKING: BUYING AND SELLING REAL OPTIONS; INTRODUCTION; THE CASE OF THE COMPACT REACTORS FROM BABCOCK & WILCOX; THE CASE OF HAWKER BEECHCRAFT; CLOSING REMARKS; NOTES; REFERENCES
  • CHAPTER 6 FINANCIAL LEVERAGE, PROJECT EQUITY, AND SENSITIVITY OF NPVINTRODUCTION AND BRIEF REVIEW OF THE LITERATURE; DESCRIPTION OF THE FORMAL MODEL; CONCLUSION; REFERENCES; APPENDIX: A SIMPLE EXAMPLE; CHAPTER 7 RISK MANAGEMENT AND MARKET EFFICIENCY ON THE MIDWEST INDEPENDENT SYSTEM OPERATOR ELECTRICITY EXCHANGE; INTRODUCTION; BACKGROUND; RESULTS; CONCLUSION; NOTES; REFERENCES; CHAPTER 8 AT THE ORIGINS OF FEMALE DIRECTORS' NETWORKS: A STUDY OF THE FRENCH CASE; INTRODUCTION; THEORETICAL PERSPECTIVES AND HYPOTHESES FOR SPECIFICITY OF FEMALE BOARD NETWORKS; METHODS; RESULTS; CONCLUSION; NOTE