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Risk-Neutral Momentum and Market Fear

Publication date: Available online 6 November 2019Source: Finance Research LettersAuthor(s): Wolfgang SchadnerAbstractThis study models a link between ex-ante autocorrelation in expected returns and...

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He really needed to jump out of that metaphor a lot sooner than he did - but he didn’t, and it died. — Tom Lowcock (@supertom124) November 4, 2019

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General managerial skills and corporate social responsibility

Publication date: Available online 5 November 2019Source: Journal of Empirical FinanceAuthor(s): Jie Chen, Xicheng Liu, Wei Song, Si ZhouAbstractWe show that a CEO’s general managerial skills are...

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Labour market participation in Brazil: a discrete game approach

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SEC Division of Enforcement Publishes Annual Report for Fiscal Year 2019

The Securities and Exchange Commission’s Division of Enforcement today issued its annual report for fiscal year 2019. The report details the division’s efforts and initiatives on behalf of...

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SEC Charges Adviser for Running Ponzi Scheme Targeting Haitian Community

The Securities and Exchange Commission today filed charges against a New York investment adviser for operating a multimillion-dollar investment club that was actually a fraudulent Ponzi scheme...

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What You Don’t Know Can Hurt You

What You Don’t Know Can Hurt You Keynote Remarks at the 2019 SEC Regulation Outside the United States Conference London, England November 5, 2019 Division of Enforcement Co-Director Stephanie Avakian

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SEC Issues Agenda for Nov. 12 Meeting of Small Business Capital Formation...

The Securities and Exchange Commission today released the agenda for the Tuesday, Nov. 12 meeting of its Small Business Capital Formation Advisory Committee. The committee provides the Commission with...

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Predicting corporate bankruptcy using the framework of Leland-Toft: evidence...

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Estimating the money market microstructure with negative and zero interest rates

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Investment decisions when utility depends on wealth and other attributes

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Personalized goal-based investing via multi-stage stochastic goal programming

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A closed-form formula characterization of the Epps effect

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The Zumbach effect under rough Heston

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Bayesian regularized artificial neural networks for the estimation of the...

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Loss aversion in an agent-based asset pricing model

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Firm capital dynamics in centrally cleared markets

Abstract We develop a tractable continuous time model of multifirm capital dynamics in a centrally cleared market. Our framework jointly models the strategic interactions between business operations...

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Peer firms’ credit rating changes and corporate financing

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Measuring financial well-being over the lifecourse

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The effects of risk aversion and money illusion on the components of dividend...

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