Managerial Finance
SCOPUS (1996-2025)ESCI-ISI
0307-4358
1758-7743
Anh Quốc
Cơ quản chủ quản: Emerald Group Publishing Ltd.
Lĩnh vực:
Strategy and ManagementBusiness, Management and Accounting (miscellaneous)Finance
Phân tích ảnh hưởng
Các bài báo tiêu biểu
Toward understanding FinTech and its industry
Tập 46 Số 8 - Trang 1043-1060 - 2020
PurposeThe purpose of this study is to define FinTech, differentiating it from
financial technology and use the definition to develop an industry
framework.Design/methodology/approachUsing the existing literature on FinTech
and incorporating these contributions into a traditional financial structure,
characteristics are outlined and placed into a framework that describes the
FinTech industry.Findi...
The monthly and trading month effects in Greek stock market returns: 1996‐2002
Tập 34 Số 7 - Trang 453-464 - 2008
PurposeThe paper aims to investigate the monthly and trading month effects in
the stock market returns of the ASE using daily data before and after the crisis
of 1999‐2001. In addition, the study seeks to consider data from both periods of
the ASE, before and after the upgrade of the market (May
2001).Design/methodology/approachThis paper examines the calendar effects in the
Greek stock market ret...
Does investor personality moderate the relationship between information sources and trading behavior? Evidence from Chinese stock market
Tập 43 Số 5 - Trang 545-566 - 2017
Purpose The purpose of this paper is to investigate the impact of the key
sources of information, namely, financial advice, word-of-mouth communication
and specialized press, on trading behavior of Chinese stock investors. The study
also analyzed if the association between the key sources of information and
trading behavior is influenced by investor personality.
Design/methodology/approach The aut...
The value premium: rational, irrational or random
Tập 29 Số 10 - Trang 57-75 - 2003
Using data from the stock markets of Japan, the UK and the US, this paper
examines the time series properties of a price index derived from a zero net
investment strategy of buying value stocks and short selling growth stocks. We
use the results of this analysis to consider implications for the validity of
competing hypotheses on the source of the value premium. Overall, the results
from this stud...
Corporate Acquisitions of Fine Art: Measuring the Underlying Motivations
- 1995
Corporate involvement in the acquisition and display of fine art has expanded
from a relatively unknown practice undertaken by a few businesses, to a common
activity involving hundreds of firms. This study presents the results of a
survey of 450 corporations (with 130 respondents) aimed at measuring the
motivations behind the creation of corporate collections. Such collections may
be held to impro...
Analyst earnings forecast trends in Pacific Rim countries
- 2004
This study analyzes trends in analyst forecast properties from 1987 through 1998
in the United States and seven Pacific Rim countries: Australia, New Zealand,
Taiwan, Hong Kong, Japan, South Korea, and Thailand. Analyst forecast properties
in the United States have become less dispersed, more accurate, and less
optimistic during the sample period. Similar trends exist in Australia and New
Zealand,...
Should managers estimate cost of equity using a two‐factor international CAPM?
- 2012
PurposeThe purpose of this paper is to assess how much difference it makes for
US firms to use the two‐factor ICAPM to estimate their cost of equity instead of
a single‐factor CAPM.Design/methodology/approachFor a large sample of US
companies, the authors compare the empirical cost of equity estimates of a
two‐factor international CAPM with those of the single‐factor domestic CAPM and
the single‐f...
Capital Budgeting and the Utilization of Full Information: Performance Evaluation and the Exercise of Real Options
Tập 17 Số 2/3 - Trang 42-50 - 1991
Recently there has been a new interest in capital budgeting. The interest can be
traced to two sources: (1) lack of satisfaction with the way that standard NPV
procedures perform, and (2) the development of new financial techniques and
their application to corporate finance, notably the application of option
pricing models. The first source creates the demand for a critical re‐evaluation
of the ac...
An empirical approach to residual value risk estimation in automotive leases
Tập 35 Số 10 - Trang 874-884 - 2009
PurposeThe purpose of this paper is to examine residual value risk modelling
issues with a focus on automotive lease portfolios. Residual value risk is
approached through a re‐sampling technique that provides the probability density
function of losses and VaR measures for credit
portfolios.Design/methodology/approachThe methodology is applied to a portfolio
of 37,523 operating leases issued betwee...
What is Foreign Exchange‐Risk?
Tập 4 Số 2 - Trang 104-118 - 1978
The controversy between the “accounting” (“translation” or “balance‐sheet”) and
the “economic” (“cash‐flow”) approaches to exchange‐risk is examined. The latter
approach is advocated and a conceptual frame‐work for the cash‐flow analysis is
suggested. Finally it is argued that, in the long run, the cash‐flow effects of
exchange rate fluctuations are offset by countervailing movements in inflation
...