... Capital Market returns G14 G10 G41 M40 M41 A “just” company operates in a way that not only serves its shareholders, but supports its workers, customers, the environment, and the communities it impacts both locally and globally, even if it comes at a cost. JUST Capital Ranking...

... causality Behavioral bias C32 G10 G12 Although both financial researchers and professionals have invested considerable effort in clearly understanding changes in trading volume and stock returns, the dynamics between them remain puzzling. The literature in the field advances competing...

... ethics Behavioral finance Asset pricing Investment Portfolio theory G1 G10 G11 G12 In the past decades, the popularity of socially responsible investments (SRIs) has been growing significantly. According to the Forum for Sustainable and Responsible Investment (US SIF), the volume...

... search cost Market competition Market transparency Mutual fund disclosure D40 G10 G23 G28 After the mandatory disclosure frequency changed to quarterly in 2004, the voluntary disclosure has gone down significantly. This may be because the cost of monthly voluntary disclosure is much...

... CRAs during the credit watch process. G10 M41 M43 An important role of credit rating agencies (CRAs) arises from their credit watch procedure. When a CRA observes potential changes in firm characteristics, it notifies management and asks for clarification, placing the firm “on watch...