... rights only Asset pricing Stock returns Bond returns Fixed income and bond Fed model Predictability Forecasts Financial markets Financial ratios Stock market C22 G12 The Fed model defines a relation between stocks and bonds such that its value can act as an indicator...

... 95% upper (%) 0.08 0.06 0.09 0.09 Coeff. of variation 51.38 239.43 33.92 20.99 Source(s): Prepared by the author Corporate social responsibility Financial markets Financial innovation Environmental social and governance where: r t = vector of returns...

...Alexandra Horobet; Birjees Rahat; Ana-Maria Floarea; Lucian Belascu Purpose This paper aims to examine the link between environmental policies and financial markets, with a particular focus on the banking sector. The assessment of banks is based on their environmental impact, social responsibility...

... affect this relationship. Due to the complexity and rapid evolution of the financial markets, researchers are required now more than ever to reinvestigate the importance of liquidity and its drivers. Despite the omnipresence of the term liquidity in academic literature, there is no unified definition...

...–Serrano Riskiness Index, thus strengthening the CAPM methodology for asset pricing in the financial markets. Originality/value This research sheds a new light, both in theory and in practice, on understanding of the risk’s structure, as it may improve accuracy of asset pricing. The von Neumann...

... Accruals Analysts’ forecasts Earnings Earnings management Financial flexibility Financial markets Flexibility Stock markets Article Type: 2013 Awards for Excellence From: Review of Accounting and Finance, Volume 13, Issue 1 The following article was selected...

... (such as analysts' consensus forecasts) and the firm has the need to manage earnings. That is, the unreversed discretionary accruals constrain the accruals a firm can incur. Earnings Financial flexibility Stock markets Financial markets Earnings management Flexibility Accruals Analysts' forecasts...

... provides a better analysis of the effects of analyst activities on the firm value. © Emerald Group Publishing Limited 2010 Financial analysis Company performance Stock returns Financial markets The value of information created by research analysts has been widely documented...

... Pricing Financial markets Accounting Finance In summary, although Dechow and Ge (2006) find SINeg exacerbate ACC mispricing, the extant literature does not offer an a priori prediction for the effect of SIPos on the ACC mispricing. Our third hypothesis (expressed in the alternative...

... and then holding period returns of all stocks in the portfolio were computed as the equally‐weighted average portfolio return. © Emerald Group Publishing Limited 2006 Investments Asset valuation Financial markets Price optimism has been evident at certain points in time as depicted...