Open Access. Powered by Scholars. Published by Universities.®

Finance and Financial Management Commons

Open Access. Powered by Scholars. Published by Universities.®

1,869 Full-Text Articles 2,064 Authors 894,920 Downloads 117 Institutions

All Articles in Finance and Financial Management

Faceted Search

1,869 full-text articles. Page 1 of 48.

A Closer Look At The Impact Of Quantitative Easing On The Capital Markets: Garch Analysis Of The Exchange Traded Funds Market, Nicholas R. Duafala 2014 Illinois Wesleyan University

A Closer Look At The Impact Of Quantitative Easing On The Capital Markets: Garch Analysis Of The Exchange Traded Funds Market, Nicholas R. Duafala

Undergraduate Economic Review

This paper analyzes the effects of quantitative easing (QE) on the capital markets by modeling exchange traded funds (ETFs) returns using a generalized autoregressive conditional heteroskedasticity (GARCH) methodology. The results show that the 10-Year Treasury yields are significant in the returns of some sectors of the economy more so than others, and the Federal Funds Futures trading volume is significant in all ETFs return volatility. The implications of these results not only provide information about the reaction of the ETF market and QE, but also provide insight for developing investment strategies.


New Student Investment Club Launches, Bridget M. lyons 2014 Sacred Heart University

New Student Investment Club Launches, Bridget M. Lyons

Bridget Lyons

Sacred Heart University has launched a new extracurricular student venture where return on investment IS the return on investment! The mission of the SHU Student Investment Club will be to engage students—under the watchful guidance of faculty and professional financial advisers—to make prudent financial investments aimed at enriching the University’s endowment while teaching valuable skills and providing practical hands-on experiences.


Understanding The Specialized Language Of Retirement Plans, Emily G. Brown JD, Jeanne Medeiros JD 2014 University of Massachusetts Boston

Understanding The Specialized Language Of Retirement Plans, Emily G. Brown Jd, Jeanne Medeiros Jd

Pension Action Center Publications

Whether you are a participant in a defined benefit plan or a defined contribution plan, the realm of pension benefits can be tricky and confusing to navigate. Some of the terminology used might be unfamiliar to the average person. This glossary of common terms associated with retirement plans is meant to serve as a helpful resource for plan participants.


Understanding The Differences Between Defined Benefit Pension And Defined Contribution, Emily G. Brown JD, Jeanne Medeiros JD 2014 University of Massachusetts Boston

Understanding The Differences Between Defined Benefit Pension And Defined Contribution, Emily G. Brown Jd, Jeanne Medeiros Jd

Pension Action Center Publications

In recent years, more and more employers are offering employees defined contribution plans instead of defined benefit plans. Although, there has been a shift away from the defined benefit pension plan, it is important for employees to understand the difference and value of both pension plans.

Each type of pension plan has both advantages and disadvantages. What may appear as an advantage to one person might seem to be a disadvantage to another person. For example, a person who spends all or most of her career with a single employer will have very different concerns from someone who changes jobs ...


Padipoker.Com Agent Judi Poker Situs Poker Online Teraman Dan Terpercaya Indonesia, di rosie 2014 SelectedWorks

Padipoker.Com Agent Judi Poker Situs Poker Online Teraman Dan Terpercaya Indonesia, Di Rosie

di rosie

Data Peserta Kontes SEO 855Online: NAMA: Yanurizca Kusworo EMAIL: yuditakusworo@gmail.com BANK: BCA 0331859655 a/n Yanurizca Kusworo PADIPOKER.com Agent Judi Poker Situs Poker Online Teraman Dan Terpercaya Indonesia adalah pemimpin dunia dalam game online dan taruhan olahraga dengan lebih dari 450.000 klien di 100 negara di seluruh dunia. Perusahaan ini resmi didirikan di Swedia pada tahun 2006 dan saat ini berlisensi melalui Malta. Betsafe menawarkan beberapa produk dan layanan game yang berbeda, tetapi banyak pelanggan telah menyatakan bahwa Sportsbook nya adalah kepala di antara mereka. Perusahaan mengambil taruhan pada berbagai olahraga, dan taruhan individu dapat dibuat ...


Oxford Handbook: Institutional Investors In Corporate Governance, Edward B. Rock 2014 University of Pennsylvania Law School

Oxford Handbook: Institutional Investors In Corporate Governance, Edward B. Rock

Faculty Scholarship

This chapter of the Oxford Handbook on Corporate Law and Governance examines the role of institutional investors in corporate governance and the role of regulation in encouraging institutional investors to become active stewards. I approach these topics through asking what lessons we can draw from the U.S. experience for the E.U.’s 2014 proposed amendments to the Shareholder Rights Directive.

I begin by defining the institutional investor category, and summarizing the growth of institutional investors’ equity holdings over time. I then briefly survey how institutional investors themselves are governed and how they organize share voting. This leads me ...


Engaging Students In Financial And Economic Literacy With Free Resources, Erica Vonk, Ed Starkenburg, Art Attema 2014 Dordt College

Engaging Students In Financial And Economic Literacy With Free Resources, Erica Vonk, Ed Starkenburg, Art Attema

Faculty Work

Presentation covers opportunities to engage 3rd-12th grade students in hands-on financial and economic materials that meet Iowa's content requirements. This session will introduce you to the Dordt College Center for Economic Education, the services available and free resources available to teachers.


Shu Announces New Master’S In Finance And Investment Management Degree, Kwamie Dunbar 2014 Sacred Heart University

Shu Announces New Master’S In Finance And Investment Management Degree, Kwamie Dunbar

Kwamie Dunbar

Sacred Heart University’s John F. Welch College of Business will be launching a new master’s in finance and investment management degree in the fall of 2015. Kwamie Dunbar, assistant professor of finance, is the interim director of the new program.


Accounting For Financial Instruments: Difficulties With Fair Value Measurement And Reporting, Lindsey T. Byrne 2014 University of New Hampshire

Accounting For Financial Instruments: Difficulties With Fair Value Measurement And Reporting, Lindsey T. Byrne

Honors Theses

No abstract provided.


When Is A Dog’S Tail Not A Leg?: A Property-Based Methodology For Distinguishing Sales Of Receivables From Security Interests That Secure An Obligation, Steven L. Harris, Charles W. Mooney Jr. 2014 University of Pennsylvania Law School

When Is A Dog’S Tail Not A Leg?: A Property-Based Methodology For Distinguishing Sales Of Receivables From Security Interests That Secure An Obligation, Steven L. Harris, Charles W. Mooney Jr.

Faculty Scholarship

There are two principal ways in which a firm that is owed money payable in the future but needs the money now may use its rights to payment (“receivables”) to obtain the needed financing. It might sell its receivables, or it might borrow and use the receivables as collateral to secure the loan. Different legal consequences follow depending on whether the transaction is a true sale or is a security interest that secures an obligation (a “SISO”).


These legal consequences are particularly salient when the firm enters bankruptcy. If the transaction is a sale, then the buyer can collect the ...


Diversification Benefits Of Reit Preferred And Common Stock: New Evidence From A Utility Based Framework, Walter I. Boudry, Jan A. deRoos, Andrey D. Ukhov 2014 Cornell University School of Hotel Administration

Diversification Benefits Of Reit Preferred And Common Stock: New Evidence From A Utility Based Framework, Walter I. Boudry, Jan A. Deroos, Andrey D. Ukhov

Working Papers

We study the diversification benefits of REIT preferred and common stock using a utility based framework in which investors segment based on risk aversion. Taking the view of a long run investor, we conduct our analysis using data from 1992 to 2012. We examine optimal mean-variance portfolios of investors with different levels of risk aversion given access to different classes of assets and establish two main results. First, REIT preferred and common stock provides significant diversification benefits to investors. REIT common stock helps low risk aversion investors attain portfolios with higher returns, while REIT preferred stock helps high risk aversion ...


Harmonizing Choice-Of-Law Rules For International Insolvency Cases: Virtual Territoriality, Virtual Universalism, And The Problem Of Local Interests, Charles W. Mooney Jr. 2014 University of Pennsylvania Law School

Harmonizing Choice-Of-Law Rules For International Insolvency Cases: Virtual Territoriality, Virtual Universalism, And The Problem Of Local Interests, Charles W. Mooney Jr.

Faculty Scholarship

This paper explores the potential content and feasibility of a set of harmonized choice of law rules (HICOL Rules) that would apply in insolvency proceedings. It contemplates a main insolvency proceeding opened in a debtor’s center of main interests (“COMI”) and the existence of (or possibility of opening) one or more non-main (or secondary) proceedings. It also contemplates the possibility that an insolvency representative in a main or non-main proceeding may seek and be granted recognition in another state under the UNCITRAL Model Law on Cross-Border Insolvency (codified as Chapter 15 of the Bankruptcy Code in the U.S ...


Moneygrams: Recalled Childhood Memories About Money And Adult Money Pathology, Adrian Furnham, Sophie von Stumm, Rebecca Milner 2014 Kansas State University Libraries

Moneygrams: Recalled Childhood Memories About Money And Adult Money Pathology, Adrian Furnham, Sophie Von Stumm, Rebecca Milner

Journal of Financial Therapy

In this study 512 adults completed two questionnaires. One questionnaire was devised specifically for this study concerning childhood memories of parental beliefs and behaviours with respect to money (i.e moneygrams)/ The second questionnaire established a measure of “money pathology” (Forman, 1987). The moneygram questionnaire was based on clinical cases and idiographic studies on money pathology. Around a fifth of the items showed significant sex differences. Factor analysis highlighted one clear factor, namely “money secrecy” - which was associated with greater levels of spending money pathology in adulthood. In women, but not in men, higher family money secrecy was significantly associated ...


The Importance Of Executive Effort, Lee Edward Biggerstaff 2014 University of Tennessee, Knoxville

The Importance Of Executive Effort, Lee Edward Biggerstaff

Doctoral Dissertations

Agency theory stipulates that managerial effort is important to shareholders and costly for managers to provide. Executives may provide sub-optimal levels of effort because shareholders cannot easily observe the day-to-day actions of managers and therefore have difficulties properly monitoring the effort provided by firm management. Researchers also face the challenge of measuring executive effort. In this dissertation, I use an observable measure of leisure consumption to proxy for the effort provided by executives to study the impact of executive effort on firm outcomes.

In the first essay, I focus on Chief Executive Officers (“CEOs”) and the impact of their effort ...


The Roles Boards Play In Ceo Succession Planning, Yi Li Rivolta 2014 University of Tennessee, Knoxville

The Roles Boards Play In Ceo Succession Planning, Yi Li Rivolta

Doctoral Dissertations

A lack of CEO succession planning increases business risk as disruption is more likely during a CEO transition. One difficulty of examining the importance of CEO succession planning is that the planning process is difficult to observe and evaluate. The main purposes of this dissertation are two-fold. First is to investigate whether CEO succession planning matters by comparing disruption costs in firms with planned departure and those with unexpected CEO departures due to death and illness. The second purpose is to investigate whether inside or outside directors improve organizational resiliency using the context of sudden CEO departures when CEO succession ...


Project Finance Y Las Alianzas Público Privadas, Francisco Carlos Ruiz Diaz 2014 SelectedWorks

Project Finance Y Las Alianzas Público Privadas, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

Paraguay necesita reducir el déficit de infraestructura en los próximos años. Para ello es necesario una gran cantidad de recursos financieros, pero el Gobierno posee actualmente dos limitaciones importantes. Por un lado la Ley de Responsabilidad Fiscal (LRF) establece que el déficit no debe superar el 1,5% del PIB, restringiendo así la capacidad del Estado de financiar la inversión a través de préstamos. La segunda es que los recursos ordinarios del Tesoro son insuficientes para financiar la inversión, y el aumento significativo de estos solo será posible con una reforma tributaria. En este contexto aparece una tercera opción de ...


New York Stock Exchange, Bert Chapman 2014 Purdue University

New York Stock Exchange, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides a historical overview of the origins and early development of the New York Stock Exchange.


Financing The Future: Australian Students’ Results In The Pisa 2012 Financial Literacy Assessment, Sue Thomson 2014 Australian Council for Educational Research

Financing The Future: Australian Students’ Results In The Pisa 2012 Financial Literacy Assessment, Sue Thomson

OECD Programme for International Student Assessment (PISA Australia)

This report reveals that Australia is in the top five in the world’s first international assessment of young people’s financial literacy. Conducted in 2012 as part of the Programme for International Student Assessment (PISA) of the OECD with support from the Australian Securities and Investments Commission as the Australian Government agency responsible for financial literacy, the supplementary PISA financial literacy assessment measured 15-year-olds’ knowledge of personal finances and ability to apply it to financial problems. A total of 29 000 students from 18 countries and economies participated in the assessment, including approximately 3300 Australian students from 768 schools ...


Independent Evaluation Of Asic’S Implementation Of The Helping Our Kids Understand Finances Initiative, Robert Simons 2014 Australian Council for Educational Research

Independent Evaluation Of Asic’S Implementation Of The Helping Our Kids Understand Finances Initiative, Robert Simons

Policy Analysis and Program Evaluation

In May 2013, the Australian Securities and Investments Commission (ASIC) commissioned the Australian Council for Educational Research (ACER) to conduct an independent evaluation of its implementation of the Helping Our Kids Understand Finances (HOKUF) initiative. The purpose was to conduct an independent evidence-based assessment of whether ASIC implemented the HOKUF initiative in a way that met the following key criteria: 1) Appropriate – the extent to which the program developed by ASIC was useful and ‘fit for purpose’ in supporting the delivery of the consumer and financial literacy content aligned to the Australian Curriculum. 2) Effective − the extent to which the ...


Retail Islamic Financial Services In North America: The (Upper) Michigan Connection, Brian A. Zinser 2014 SelectedWorks

Retail Islamic Financial Services In North America: The (Upper) Michigan Connection, Brian A. Zinser

Brian A Zinser

The purpose of this paper is to explore how a small remote Midwestern bank reformulated itself into a major marketer of retail Islamic financial services in the United States and in fluenced Islamic financial services marketing in North America. The paper is based on a review of existing literature and a case study of how University Bank, now based in Ann Arbor, Michigan, has become the leading provider of Islamic financial services in the United States. University Bank whose principals are Roman Catholic identified the Muslim market in Southeast Michigan as measurable, differentiable, accessible and sub-stantial. As part of the ...


Digital Commons powered by bepress