This paper investigates the impact of the news announcement of the Lehman Brothers' (LBs) bankruptcy on the performance of the New York Stock Exchange (NYSE) sectors and financial industries. Based on descriptive index level results, Bartram and Bodnar (2009) conclude that the reaction of all ...
This paper examines the out‐of‐sample forecast performance of sectoral stock market indicators for real GDP, private consumption and investment growth up to 4 quarters ahead in the US and the euro area. Our findings are that the predictive content of sectoral stock market indicators: i) is ...
Volatility is a symptom of a highly liquid stock market. In this study, the sector-based index is designed to provide a single value for the aggregate performance of a number of companies representing a group of related industries or within a sector of the economy. The index is based on a...
In spite of extensive research on corporate social responsibility (CSR) and its link with economic and social performance, few studies have investigated th... Gregory Jackson and Androniki Apostolakou - 《Journal of Business Ethics》 被引量: 445发表: 2010年 The use of corporate social disclosures...
This type of “green” fiscal reform could thus allow a reduction of the total tax burden in the economy. Additionally, since climate is affected by the global stock of GHG, the possibility that emissions rise outside the EU because of its stricter policy (i.e. carbon leakage) can ...
Second, by considering two different periods, we check whether the increase in co-movement existed in the post-financialization period upsurges the forecasting performance of the dynamic factor models. To understand and forecast changes in commodity prices is important not only for commodity dependent ...
Episodes of large capital inflows in small open economies are often associated with a shift of resources from the tradable to the non-tradable sector and s... Y Kalantzis - 《Working Papers》 被引量: 61发表: 2014年 Debt financing and firm performance: an empirical study based on Swedish da...
performance and investigate how blockchain technology and Industry 4.0 technologies influence the circular economy and their collective results indicated that blockchain technology enhance the circular economy practices significantly and circular economy practices promote the performance of organizations and supply...
Overall, including gold in a stock portfolio could provide a valuable asset class that can improve the risk-adjusted performance of stocks during the COVID-19 pandemic. In addition, we find that the estimated portfolio weights and hedge ratios are sensitive to structural breaks, and ignoring the...
Sectoral trends.The article focuses on finance and business developments in South Korea as of the fourth quarter of 2005. The growth and strong performance of the stock market encouraged both increased initial public offerings and mergers and acquisitions activities. The country's two largest ...