Three Essays on Analyst Earnings Forecast

Three Essays on Analyst Earnings Forecast PDF Author: Wenjuan Xie
Publisher:
ISBN:
Category :
Languages : en
Pages : 138

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Book Description

Three Essays on Analyst Earnings Forecast

Three Essays on Analyst Earnings Forecast PDF Author: Wenjuan Xie
Publisher:
ISBN:
Category :
Languages : en
Pages : 138

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Book Description


Three Essays on Information and Asset Prices

Three Essays on Information and Asset Prices PDF Author: Gang Li
Publisher:
ISBN:
Category :
Languages : en
Pages : 218

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Essays in Nonlinear Time Series Econometrics

Essays in Nonlinear Time Series Econometrics PDF Author: Niels Haldrup
Publisher: OUP Oxford
ISBN: 0191669547
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
This edited collection concerns nonlinear economic relations that involve time. It is divided into four broad themes that all reflect the work and methodology of Professor Timo Teräsvirta, one of the leading scholars in the field of nonlinear time series econometrics. The themes are: Testing for linearity and functional form, specification testing and estimation of nonlinear time series models in the form of smooth transition models, model selection and econometric methodology, and finally applications within the area of financial econometrics. All these research fields include contributions that represent state of the art in econometrics such as testing for neglected nonlinearity in neural network models, time-varying GARCH and smooth transition models, STAR models and common factors in volatility modeling, semi-automatic general to specific model selection for nonlinear dynamic models, high-dimensional data analysis for parametric and semi-parametric regression models with dependent data, commodity price modeling, financial analysts earnings forecasts based on asymmetric loss function, local Gaussian correlation and dependence for asymmetric return dependence, and the use of bootstrap aggregation to improve forecast accuracy. Each chapter represents original scholarly work, and reflects the intellectual impact that Timo Teräsvirta has had and will continue to have, on the profession.

Three Essays in Financial Markets. The Bright Side of Financial Derivatives: Options Trading and Firm Innovation

Three Essays in Financial Markets. The Bright Side of Financial Derivatives: Options Trading and Firm Innovation PDF Author: Iván Blanco
Publisher: Ed. Universidad de Cantabria
ISBN: 8481028770
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.

Three Essays on Initial Public Offerings and Market Information

Three Essays on Initial Public Offerings and Market Information PDF Author: William C. Johnson
Publisher:
ISBN:
Category : Disclosure of information
Languages : en
Pages : 322

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Earnings Management

Earnings Management PDF Author: Joshua Ronen
Publisher: Springer Science & Business Media
ISBN: 0387257713
Category : Business & Economics
Languages : en
Pages : 587

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Book Description
This book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?

Essays on Earnings Expectation

Essays on Earnings Expectation PDF Author: Wei Su
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 244

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Three essays on empirical finance

Three essays on empirical finance PDF Author: Tse-Chun Lin
Publisher: Rozenberg Publishers
ISBN: 9036101514
Category :
Languages : en
Pages : 146

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Dissertation Abstracts International

Dissertation Abstracts International PDF Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 640

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Index to Theses with Abstracts Accepted for Higher Degrees by the Universities of Great Britain and Ireland and the Council for National Academic Awards

Index to Theses with Abstracts Accepted for Higher Degrees by the Universities of Great Britain and Ireland and the Council for National Academic Awards PDF Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 398

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Book Description