Transnational Equity Analysis: Evidence from UK Investment Analysis and Institutional Investors

Transnational Equity Analysis: Evidence from UK Investment Analysis and Institutional Investors PDF Author: Mark Anthony Clatworthy
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Transnational Equity Analysis: Evidence from UK Investment Analysis and Institutional Investors

Transnational Equity Analysis: Evidence from UK Investment Analysis and Institutional Investors PDF Author: Mark Anthony Clatworthy
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Transnational Equity Analysis

Transnational Equity Analysis PDF Author: Mark Clatworthy
Publisher:
ISBN:
Category : Investment analysis
Languages : en
Pages : 566

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Transnational Equity Analysis

Transnational Equity Analysis PDF Author: Mark Clatworthy
Publisher: John Wiley & Sons
ISBN: 0470861274
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
In-depth answers for professionals looking to accurately value foreign equities Transnational Equity Analysis is today's most thorough guide to its subject, examining and comparing the techniques used by top analysts and fund managers in the analysis of domestic and overseas equities. The book outlines the effects of international differences in disclosure and measurement rules and practices, examines how investors and analysts have discovered coping mechanisms for using fundamental analysis in an international context, and more. Mark Clatworthy (Cardiff, Wales) is a lecturer in the Cardiff Business School, UK.

International Investment Performance

International Investment Performance PDF Author: Allan Timmermann
Publisher:
ISBN:
Category : Institutional investments
Languages : en
Pages : 84

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ESG and Responsible Institutional Investing Around the World: A Critical Review

ESG and Responsible Institutional Investing Around the World: A Critical Review PDF Author: Pedro Matos
Publisher: CFA Institute Research Foundation
ISBN: 1944960988
Category : Business & Economics
Languages : en
Pages : 80

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Book Description
This survey examines the vibrant academic literature on environmental, social, and governance (ESG) investing. While there is no consensus on the exact list of ESG issues, responsible investors increasingly assess stocks in their portfolios based on nonfinancial data on environmental impact (e.g., carbon emissions), social impact (e.g., employee satisfaction), and governance attributes (e.g., board structure). The objective is to reduce exposure to investments that pose greater ESG risks or to influence companies to become more sustainable. One active area of research at present involves assessing portfolio risk exposure to climate change. This literature review focuses on institutional investors, which have grown in importance such that they have now become the largest holders of shares in public companies globally. Historically, institutional investors tended to concentrate their ESG efforts mostly on corporate governance (the “G” in ESG). These efforts included seeking to eliminate provisions that restrict shareholder rights and enhance managerial power, such as staggered boards, supermajority rules, golden parachutes, and poison pills. Highlights from this section: · There is no consensus on the exact list of ESG issues and their materiality. · The ESG issue that gets the most attention from institutional investors is climate change, in particular their portfolio companies’ exposure to carbon risk and “stranded assets.” · Investors should be positioning themselves for increased regulation, with the regulatory agenda being more ambitious in the European Union than in the United States. Readers might come away from this survey skeptical about the potential for ESG investing to affect positive change. I prefer to characterize the current state of the literature as having a “healthy dose of skepticism,” with much more remaining to be explored. Here, I hope the reader comes away with a call to action. For the industry practitioner, I believe that the investment industry should strive to achieve positive societal goals. CFA Institute provides an exemplary case in its Future of Finance series (www.cfainstitute.org/research/future-finance). For the academic community, I suggest we ramp up research aimed at tackling some of the open questions around the pressing societal goals of ESG investing. I am optimistic that practitioners and academics will identify meaningful ways to better harness the power of global financial markets for addressing the pressing ESG issues facing our society.

International Diversification at Home and Abroad

International Diversification at Home and Abroad PDF Author: Fang Cai
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
It is an established fact that investors favor the familiar%u2014be it domestic securities or, within a country, the securities of nearby firms%u2014and avoid investments that would provide the greatest diversification benefits. While we do not rule out familiarity as an important driver of portfolio allocations, we provide new evidence of investors%u2019 international diversification motive. In particular, our analysis of the security-level U.S. equity holdings of foreign and domestic institutional investors indicates that institutional investors reveal a preference for domestic multinationals (MNCs), even after controlling for familiarity factors. We attribute this revealed preference to the desire to obtain %u201Csafe%u201D international diversification. We then show that holdings of domestic MNCs are substantial and, after accounting for this home-grown foreign exposure, that the share of %u201Cforeign%u201D equities in investors%u2019 portfolios roughly doubles, reducing (but not eliminating) the observed home bias.

Portfolio Preferences of Foreign Institutional Investors

Portfolio Preferences of Foreign Institutional Investors PDF Author: Reena Aggarwal
Publisher: World Bank Publications
ISBN:
Category : Foreign exchange
Languages : en
Pages : 47

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Knowledge Management: An Interdisciplinary Perspective

Knowledge Management: An Interdisciplinary Perspective PDF Author: Sajjad M Jasimuddin
Publisher: World Scientific Publishing Company
ISBN: 9813107456
Category : Business & Economics
Languages : en
Pages : 432

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Book Description
This book analyzes dynamic relationships among the disciplines that have contributed to the development of knowledge management. It focuses on establishing relationships between knowledge management and other disciplines such as information management, organizational learning, innovation management, and strategic management. It debates the origin and development of knowledge management, thus providing a clear and conceptual understanding of the field. This, in turn, will help readers adopt better approaches to solve knowledge management problems.

The Past, Present and Future of International Business and Management

The Past, Present and Future of International Business and Management PDF Author: Timothy Devinney
Publisher: Emerald Group Publishing
ISBN: 0857240854
Category : Business & Economics
Languages : en
Pages : 668

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Book Description
A volume that concentrates on the substantive gaps in the IB/IM field and addresses whether these gaps are resolvable with the theoretical and methodological toolkit.

Advancing Development

Advancing Development PDF Author: G. Mavrotas
Publisher: Springer
ISBN: 0230801463
Category : Political Science
Languages : en
Pages : 830

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Book Description
This book reflects on current thinking in development economics and on what may happen over the next two decades. As well as studying development economics in retrospect, the volume explores the current debates and challenges and looks forward at the problems that affect the global capacity to achieve the Millennium Development Goals.