Search results for "Investors"
showing 10 items of 21 documents
Investor Sentiment and Accruals Anomaly
2017
This paper examines whether investors’ sentiment affectsaccruals anomaly across 15 European countries. In line with recent evidence for the U.S., we find that sentiment causes accruals mispricing across European countries. The effect is pronounced for stocks whose valuations are highly subjective and difficultto arbitrage. Our results also reveal evidence in favor of managers' opportunistic disclosure behavior. The accruals reported are higher in high sentiment periods as compared with low sentiment periods. Our cross-country analysisprovidesevidence that sentiment influences accruals anomaly in countries with weaker outside shareholder rights, lower legal enforcement, lower equity market d…
On relationship types, their strength, and reward crowdfunding backer behavior
2023
ispartof: JOURNAL OF BUSINESS RESEARCH vol:154 status: published
Noise traders and smart money: Evidence from online searches
2019
International audience; Traditional finance theory considers that the impact of noise traders' attention on asset prices is offset by attention from smart investors. This paper uses online search data to study the influence of noise traders and smart investors on stock returns and volatility. Adopting an original approach, we construct a proxy for smart investor attention based on investors' online search behavior provided by Wikipedia Page Traffic. We combine this new measure with a standard measure of noise traders' attention as proxied by Google Search Volume Index. We show for a sample of 87 French firms over the period 2008–2018 that only noise traders' attention influences stock retur…
Financing Small Businesses: From Venture Capital to Crowdfunding
2017
Abstract Startups and small businesses are facing many challenges in terms of financing their activities. These types of companies do not have the possibility to access capital market or to make IPO or to borrow money from banks like big, mature or well-known companies (who were at their beginnings startups or small businesses). They have to find different sources for financing their ideas/products/services that are in many cases very risky, hazardous or to ambitious. But, fortunately, the financing alternative for these companies have evolved during the last post crisis years. They have possibility to find some investors that are willing to invest in a non-name company by accessing crowdfu…
Incentives in Corporate Governance: The Role of Self-Regulation
2004
Corporate governance stems from the interplay of legal norms, security regulation, self-regulation and best practices. Recent scandals and frauds have forced governments to update laws on corporate governance: the legislation process has been very fast in some countries, others have lagged. Law and regulation intervene and become effective only ex-post, when damages have been done and malpractice is self-evident. On the contrary, self-regulation is a quicker and more flexible response to changing market conditions and of great impact on the relationship between firms and their environment. A self-regulatory organization (SRO) such as the stock exchange could administer the screening device,…
Ārvalstu tiešās investīcijas Latvijā un to ietekme uz Latvijas ekonomikas attīstību
2022
Maģistra darba temats ir “Ārvalstu tiešās investīcijas Latvijā un to ietekme uz Latvijas ekonomikas attīstību”. Mūsdienu pasauli vada globalizācija, kurā valstis nepārtraukti meklē starptautiskās partnerības, lai atbalstītu un uzturētu ekonomiku. Šīs partnerības cita starpā ietver ārvalstu tiešās investīcijas, starptautisko tirdzniecību un eksportu, un tām palīdz informācijas tehnoloģijas. Šīs starptautiskās partnerības palīdz valstīm būt novatoriskām un radīt jaunus un labākus darbības veidus, kā arī lielākus resursus, lai attīstītu, augtu un paplašinātu savu reģionālo ekonomiku. Uz ārvalstu tiešajām investīcijām tiek liktas lielas cerības, no kurām tiek gaidīts pozitīvs ieguldījums valsts…
Il Paradigma della Città Fluida
2013
Nella recente crisi globale i poderosi flussi di capitali finanziari, sociali e relazionali che hanno alimentato la riqualificazione urbana nel corso degli ultimi quindici anni non sono più disponibili ad essere intercettati in maniera indiscriminata così come è stato possibile fino a qualche anno fa. Nell'era della crisi strutturale le città più dinamiche non sono più quelle in grado di attrarre progetti urbani iconici ed investitori spinti dal mercato immobiliare o dalla redditività delle attività ricreative, ma quelle città che, a partire dalle loro profonde e diversificate risorse culturali, saranno capaci di attuare una vera e propria “metamorfosi” per usarle come base per la creazione…
Patterns of trading profiles at the Nordic Stock Exchange. A correlation-based approach.
2016
We investigate the trading behavior of Finnish individual investors trading the stocks selected to compute the OMXH25 index in 2003 by tracking the individual daily investment decisions. We verify that the set of investors is a highly heterogeneous system under many aspects. We introduce a correlation based method that is able to detect a hierarchical structure of the trading profiles of heterogeneous individual investors. We verify that the detected hierarchical structure is highly overlapping with the cluster structure obtained with the approach of statistically validated networks when an appropriate threshold of the hierarchical trees is used. We also show that the combination of the cor…
Ārvalstu tiešo investīciju piesaiste Latvijā
2016
Maģistra darba nosaukums - Ārvalstu tiešo investīciju piesaiste Latvijā Maģistra darba mērķis ir izpētīt ārvalstu tiešo investīciju piesaisti Latvijā, izanalizēt investīciju klimatu, kā arī salīdzināts Latvijas ārvalstu tiešo investīciju piesaisti uz Baltijas valstu fona, izstrādāt secinājumus un sniegt priekšlikumus ārvalstu tiešo investīciju piesaistes uzlabošanai. Maģistra darbs sastāv no 4 nodaļām. Pirmajā nodaļā tiek apskatīti investīciju teorētiskie aspekti. Otrajā nodaļā tiek veikta Latvijas investīciju klimata un ārvalstu tiešo investīciju analīze. Trešajā nodaļā salīdzina Latvijas investīciju klimatu un ārvalstu tiešās investīcijas ar Baltijas valstīm. Ceturtajā nodaļā tiek izanali…
Ārvalstu tiešās investīcijas Latvijā
2022
Bakalaura darba nosaukums ir “Ārvalstu tiešās investīcijas Latvijā”. Tēma ir aktuāla, jo ārvalstu tiešajām investīcijām (turpmāk - ĀTI) ir milzīga loma jaunattīstības ekonomikā un valstu budžetā, tāpēc visu ar investīciju vidi saistīto problēmu risināšana ir valsts interesēs. Latvija ir ieinteresēta ekonomikas izaugsmē un attīstībā, līdz ar to jebkurā ekonomiskajā situācijā vienmēr būs aktuāls jautājums, kā piesaistīt ĀTI. Bakalaura darba mērķis ir pamatojoties uz pieejamo informāciju un statistiskiem datiem, izpētīt ārvalstu tiešās investīcijas Latvijā gan no teorētiskā, gan no praktiskā aspekta, izanalizēt ārvalstu tiešo investīciju lomu valsts ekonomiskajā attīstībā, kā arī novērtēt ārva…