Keywords: Finance
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Journal Articles
Managerial Finance (2025) 51 (8): 1239–1256.
Published: 17 January 2025
.... Originality/value This study contributes novel insights into the cost of debt and index composition literature. It provides insights for academics, investors, creditors, corporate managers and index selection committees. This study contributes to the finance literature in two distinct ways. To the best...
Journal Articles
Journal Articles
Managerial Finance (2024) 50 (1): 118–139.
Published: 14 September 2023
... and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this licence may be seen at http://creativecommons.org/licences/by/4.0/legalcode Carbon data Carbon emissions Climate Finance Investing Portfolio management G10 G11 P18...
Journal Articles
Managerial Finance (2022) 48 (4): 577–586.
Published: 08 February 2022
...Tim Carpenter Purpose In 2004, Roanoke College began offering a Student-Managed Fund course, wherein students were able to manage a portfolio of equity and fixed income using real money. While not a widely adopted concept at the time, it has since become quite common in finance programs, either...
Journal Articles
Managerial Finance (2021) 47 (2): 167–188.
Published: 15 October 2020
... not have a similar effect. Finance Globalization Investments Emerging markets Home bias The main purpose of this paper is to investigate the relationship between globalization and the home bias phenomenon. Throughout the years, globalization surfaced as a crucial topic for discussion...
Journal Articles
Managerial Finance (2019) 45 (5): 622–636.
Published: 08 April 2019
... Licensed re-use rights only Based on our experience, establishing a SMIF is best if it is an integral part of the development and implementation of an academic program that uses a SMIF as an experiential learning tool in a serious, high-level finance curriculum that will principally benefit very...
Journal Articles
Managerial Finance (2020) 46 (5): 685–691.
Published: 28 March 2019
... money. The author calculates that in total, students around the world are directly managing more than 407m in assets as of 2007. This line of research also extends to the job market conditions for students who work and participate in an SMIF. Macy (2010) notes that finance programs at regional...
Journal Articles
Managerial Finance (2016) 42 (12): 1180–1207.
Published: 05 December 2016
... Group Publishing Limited Licensed re-use rights only Finance Econometrics Financial modelling Stock returns Tobin’s q is a device through which financial conditions are channeled to the real sector – especially real investment [1] (Tobin, 1969). It is also the keystone...
Journal Articles
Managerial Finance (2016) 42 (8): 799–816.
Published: 08 August 2016
... financial economists because of its implication on the larger debate on stock price predictability and capital market efficiency. Finance Investment The most influential and provocative opinion supporting the Value Line anomaly, arousing intense debate, was offered by the renowned economist...
Journal Articles
Managerial Finance (2016) 42 (4): 354–364.
Published: 11 April 2016
... and the IF, particularly between “hot issues” and the IF, and categorizes journal rankings into top-ten and other journals. Design/methodology/approach – The research sample encompasses publications from 2003 to 2013, focussing specifically on SSCI journals in the categories of business and finance. The examined...
Journal Articles
Managerial Finance (2016) 42 (2): 54–73.
Published: 08 February 2016
... is accompanied by better performance. Finance Financial modelling Financial forecasting The estimation of beta comes from the CAPM, which is defined as follows: (Equation 1) where Ri,trf is the excess return...
Journal Articles
Managerial Finance (2016) 42 (1): 23–33.
Published: 11 January 2016
... is statistically positive, this implies that having more insiders on the compensation committee actually promotes good firm performance. © Emerald Group Publishing Limited 2016 Finance Compensation Corporate governance Control Compensation committees Valuations Many corporations have made...
Journal Articles
Managerial Finance (2015) 41 (10): 1002–1031.
Published: 12 October 2015
... once they enter politics. Thus, there is evidence of a pork effect when assessing the overall value of political connections for firms. Dr Stephen Ferris can be contacted at: ferriss@missouri.edu © Emerald Group Publishing Limited 2015 Finance Politics The value of political...
Journal Articles
Managerial Finance (2015) 41 (7): 714–733.
Published: 13 July 2015
..., but not vice versa. Hong Kim Duong can be contacted at: hkduong@utep.edu © Emerald Group Publishing Limited 2015 Finance Corporate governance Debt financing More importantly, the “debt capacity” and borrowing constraints limit firms from mimicking industry leaders. Small...
Journal Articles
Managerial Finance (2015) 41 (6): 615–639.
Published: 08 June 2015
...Simplice A. Asongu Purpose – The purpose of this paper is to bridge the gap between the pros and cons of a questionable finance-growth nexus. Design/methodology/approach – Over 20 fundamental characteristics that have influenced the debate over the last decades have been examined...
Journal Articles
Managerial Finance (2015) 41 (5): 480–506.
Published: 11 May 2015
... Susana Yu can be contacted at: Yus@mail.montclair.edu © Emerald Group Publishing Limited 2015 Finance Investment analysis Additions to the Nasdaq-100 Index are based primarily on market capitalization rather than on judgments about a firm’s stature in its industry. We analyze...
Journal Articles
Journal Articles
Managerial Finance (2015) 41 (3): 226–243.
Published: 09 March 2015
... these two factors share some common trends. Finance Financial markets Stock markets Stock returns In line with many of the studies above, we will assume in this paper that the mean equation has stock returns as a function of a constant, lags of its own and a shock, with the focus moving...
Journal Articles
Managerial Finance (2015) 41 (2): 126–144.
Published: 09 February 2015
... in modern finance. Originality/value – This is the first a survey of literature surveys on cash dividends. Professor H. Kent Baker can be contacted at: kbaker@american.edu © Emerald Group Publishing Limited 2015 Dividends Survey research Finance Dividend policy Financial theory...
Journal Articles
Managerial Finance (2014) 40 (5): 487–505.
Published: 06 May 2014
... early and hold losing positions too long. In addition, they also discuss other motivations such as mental accounting, regret aversion, and self-control. Dr Fabio L. Mattos can be contacted at: fmattos@unl.edu © Emerald Group Publishing Limited 2014 Finance Decision making Farmers...

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