... Liquidity creation Capital Liquidity risk Liquidity United States of America One of major roles of financial institutions in the economy is financial intermediation by financing large long‐term projects, with short‐term funds provided by numerous small investors or savers. This financial...

... and board compensation and examining potential explanations for this relationship. Eric Fricke can be contacted at: eric.fricke@csueastbay.edu © Emerald Group Publishing Limited 2013 Corporate governance Compensation Investment funds Boards of Directors United States of America...

... Emerald Group Publishing Limited 2013 Share issues Equity capital Seasoned equity offerings Use of issue proceeds Research and development United States of America Use categories j=5 and 6 (ΔInventory and ΔCash and Short‐Term Investments) are taken from the balance sheet and computed...

... © Emerald Group Publishing Limited 2013 Corporate governance Working capital management Board size CEO duality CEO tenure Audit committee Manufacturing industries United States of America Efficient management of working capital is essential for most firms. The management...

... © Emerald Group Publishing Limited 2012 --> Greece Dividends Organizational theory United States of America Article Type: 2012 Awards for Excellence From: Managerial Finance, Volume 39, Issue 1 The following article was selected for this year's Outstanding Paper...

... Derivative Liquidity crises Interest rates Liquidity United States of America © Emerald Group Publishing Limited 2013 Sungsoo Kim can be contacted at: sungsoo@camden.rutgers.edu Wall and Pringle (1989) investigate the various theories associated with interest rate swaps including...

... Institutional investor ownership Executive compensation Corporate governance Investors Banks Banking United States of America The compensation of executives at US banks has recently been given much attention by academics and regulators due to claims that these executives received excessive...

... leverage Risk management United States of America Strategic cost structure choices determine how firms divide operating costs between fixed and variable components, and therefore have important implications for financial performance. Operating characteristics of many industries require that firms...

... when the information is reliable. Fair value accounting Investment trusts Value relevance Restricted securities Relevance Reliability Unit trusts United States of America Many institutions that publicly report precise market values for their holdings or CDOs and CMOs are in truth...

... protection: the anti‐self‐dealing index and the revised anti‐director rights index, both taken from Djankov et al. (2008) . © Emerald Group Publishing Limited 2012 United States of America Stock markets Flotation of companies Initial public offerings Valuation Foreign IPOs...

... funds restrict the universe of potential investments. For example, in the formative years of the program at Cameron University, stock selection was limited to stocks included in the Value Line Survey (Bhattacharya and McClung, 1994). United States of America Universities Students Investments...

... variables in their analysis that they think are relevant to making market forecasts. Market Groups must complete and post their work during the fifth week of trading. © Emerald Group Publishing Limited 2012 United States of America Universities Students Securities markets Simulation Top...

... indices. In particular, the ECM is used for ETFs for the first time. Joseph Yagil can be contacted at: yagil@gsb.haifa.ac.il © Emerald Group Publishing Limited 2012 United States of America Securities Returns Exchange traded funds Closed‐end funds Stock indices Co‐integration...

...) for the pricing currency. β_iG  = beta of asset i's returns against the world market index. Thomas O'Brien can be contacted at: thomas.obrien@uconn.edu © Emerald Group Publishing Limited 2012 United States of America Capital asset pricing model Equity...

... at: yuli@sfsu.edu © Emerald Group Publishing Limited 2012 Poland United States of America International investments Portfolio investment Diversification Foreign exchange The case for international portfolio diversification was established in the 1960s and 1970s. Since...

... United States of America Financial reporting Auditing Energy industry Banruptcy Andersen Enron Contagion effect Fortune 500 Event study The whole duty of an auditor may be summed up in a very few words – it is that of verifying balance sheets (Accountant, editorial, April 23, 1881...

... buying/selling decisions. © Emerald Group Publishing Limited 2012 United States of America Stock markets Returns Holidays Event study Abnormal returns Investor behaviour Event returns Market behaviour Jewish holidays Holidays affect the mood, demeanor, attitude, and daily...

... Limited 2011 United States of America Corporate finances Corporate strategy Global corporate cash balances have risen significantly in recent decades, exceeding $3 trillion for all NYSE‐ and DASDAQ‐listed companies in 2005. This unprecedented growth in corporate demand for liquidity...

... reports of the announced quarterly earnings of local firms. Marko Svetina can be contacted at: msvetina@sandiego.edu © Emerald Group Publishing Limited 2011 United States of America Stock returns Earnings Local bias Quarterly earnings Home bias Analysts' forecasts Local news...

... authorities in each case show that the systemic risk and moral hazard concerns have merit and thus far remain unresolved. United States of America Derivative markets Securities OTC derivatives Loss Systemic risk Dealers The spillover of macroeconomic and product market disruptions in global...