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 ...... hiện toàn bộ
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).... hiện toàn bộ
Muhammad Zubair Tauni, Zia-ur-Rehman Rao, Hong Fang, Minghao Gao
PurposeThe 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 beha...... hiện toàn bộ
This essay analyses alternative strategies for a firm to deal with exchange risk. “Profit maximising” and “risk minimising” strategies are examined as extreme alternatives. The former requires successful exchange rate forecasting, the latter is based on avoiding any impact of unexpected exchange rate changes on the firm. This strategy is illustrated using three “typical” firms as examples:...... hiện toàn bộ
Traces China’s foreign debt policy from 1978 to the present and compares its short and long term debt structure with Indonesia, Korea, Malaysia, the Phillippines and Thailand (i.e. five countries suffering from the Asian economic crisis). Points out that in the 1980s, when all six had high growth rates, China had a severe financial crisis while the others did not: a situation reversed in t...... hiện toàn bộ
The purpose of this paper is to demonstrate how probabilistic simulation can be used to assist prospective general partners (GP) and limited partners (LP) of a venture capital limited partnership fund to evaluate alternative investment strategies for the proposed fund. The model presented in the paper is based upon observed characteristics of the venture capital market reported in the fina...... hiện toàn bộ
PurposeThis paper aims to examine the impact on executive compensation (both cash and in total) of regulation, size of sales and number of employees, and nature of the business in terms of new‐economy vs traditional.Design/methodology/approach... hiện toàn bộ
Capital budgeting has been a major topic of the finance literature since Joel Dean's book was published in 1951. Since then, several books and dozens of articles have been published about every aspect of this finance function. So many surveys of capital budgeting techniques used by companies have been administered by researchers that even the surveys have been evaluated.
PurposeThe purpose of this paper is to examine whether the seasonal anomaly known as the reverse weekend effect detected at index level can also be observed at individual stock level.Design/methodology/approachThis paper's methodo...... hiện toàn bộ
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 t...... hiện toàn bộ