… PERF t−1 represent a firm’s financial performance in year t and t − 1, and e t is an error term.
… In this model, the errors e t are assumed to be uncorrelated over time, conditional on the …

This study examines herding behavior in dual-listed Chinese A-share and B-share stocks. We
find evidence of herding within both the Shanghai and Shenzhen A-share markets that are …

Founders create their organizations, yet are often expected to eventually become liabilities
to these same organizations. Past empirical research on the relationship between CEO …

… If D and E are the REIT's values of debt and equity, respectively, then the firm's asset beta is
… of the equity market capitalization of firm i, and e is again the error term. The West region is …

This study examines the determinants of mutual fund mergers and their subsequent wealth
impact on shareholders of target and acquiring funds. Results indicate significant …

This study examines investor herding behavior in Pacific-Basin equity markets. Results indicate
that the level of herding is time-varying, and is present in both rising and falling markets. …

Technology ventures must often navigate through difficult times during their existence. In the
entrepreneurship literature, however, relatively little research explores the question of how …

… is referred to as the unexpected change in the volatility 2 2 e σ t t of the day. The variable
It 1 … are the expected and unexpected components of volatility, 2 2 σ σ e,t u,t TTMt is the …

This study examines the predictability of monthly returns on equity real estate investment
trusts (EREITs) over the period 1975-95 and compares it with that for small-and mid-cap firms. …

This study examines chief executive officer (CEO) compensation and turnover in socially
responsible (SR) firms. We compare characteristics of SR firms with a matched sample of firms …