Shifting The Eu Taxonomy From Theory To Practice: A Review Of The Literature Highlighting Potential Academic Contributions To Its Adoption, Implementation, And Impact,
2021
Technological University Dublin
Shifting The Eu Taxonomy From Theory To Practice: A Review Of The Literature Highlighting Potential Academic Contributions To Its Adoption, Implementation, And Impact, Dylan Kirby, Sandra Thompson, Cormac H. Macmahon
Articles
The EU Taxonomy seeks to identify those sustainable economic activities, thereby supporting climate change mitigation and adaptation. Recent legislation underpinning the EU Taxonomy, such as the Non-Financial Reporting Directive (NFRD) and the Sustainable Finance Disclosure Regulation (SFDR), highlight the urgency for academic contributions that might shed light on its operationalisation. At this embryonic stage in the Taxonomy’s lifecycle, there is potential for the academic community to contribute to understanding its implications. Hence, we undertake a thematic analysis of predominantly, but not exclusively, professional literature to prioritise potential empirical research or conceptualisations that might offer insights for finance and accounting professionals, …
Making Money From Cryptocurrency? The Taxman May Call On You,
2021
Singapore Management University
Making Money From Cryptocurrency? The Taxman May Call On You, Hern Kuan Liu, Vincent Ooi
Research Collection Yong Pung How School Of Law
Miners, forgers, hobbyists, traders – different rules apply. Just don’t assume crypto investment is somehow immune to taxation.
Volatility Timing Under Low-Volatility Strategy,
2021
Singapore Management University
Volatility Timing Under Low-Volatility Strategy, Poh Ling Neo, Chyng Wen Tee
Research Collection Lee Kong Chian School Of Business
The authors show that the slope of the volatility decile portfolio’s return profile contains valuable information that can be used to time volatility under different market conditions in the United States. During good (bad) market conditions, the high- (low-) volatility portfolio produces the highest return. The authors proceed to devise a volatility timing strategy based on statistical tests on the slope of the volatility decile portfolio’s return profile. Volatility timing is achieved by being aggressive during strong growth periods and conservative during market downturns. Superior performance is obtained, with an additional return of 4.1% observed in the volatility timing strategy, …
Accounting And Finance Lessons In The Time Of Covid-19: Views From The Pacific Basin: Part 2,
2021
Singapore Management University
Accounting And Finance Lessons In The Time Of Covid-19: Views From The Pacific Basin: Part 2, Kuan Yong David Ding, Julie Harrison, Martien Lubberink, Chris Van Staden
Research Collection Lee Kong Chian School Of Business
The global COVID-19 pandemic is now in its second year, and we are fast approaching the third. The year 2021 has brought some hope that vaccination will lead to the end of the pandemic. But it has also brought a more infectious variant of COVID-19 and multiple waves of surging cases that show no immediate sign of disappearing. As the pandemic continues to impact global societies and economies, it is imperative that we study its impact to try and understand how it will affect us in both the short-term and long-term. While the longer-term impacts are still unknown, there is …
Stock Return Prediction Using Financial News: A Unified Sequence Model Based On Hierarchical Attention And Long-Short Term Memory Networks,
2021
Singapore Management University
Stock Return Prediction Using Financial News: A Unified Sequence Model Based On Hierarchical Attention And Long-Short Term Memory Networks, Haoling Chen, Peng Liu
Research Collection Lee Kong Chian School Of Business
Stock return prediction has been a hot topic in both research and industry given its potential for large financial gain. The return signal, apart from its inherent volatility and complexity, is often accompanied by a multitude of noises, such as other stocks’ performance, macroeconomic factors and financial news, etc. To better characterize these factors, we propose a new model that consists of two levels of sequence: an NLP-based module to capture the sequential nature of words and sentences in the financial news, and a time-series-based module to exploit the sequential nature of adjacent observations in the stock price. In this …
Asia Embraces Digital Currency And Cryptocurrency,
2021
Singapore Management University
Asia Embraces Digital Currency And Cryptocurrency, David Kuo Chen Lee
Asian Management Insights
A decade ago, everyone was sceptical about cryptocurrency. Today, Asian governments are harnessing its technology to raise payment efficiency and improve financial inclusion. Initially, the technology was advocated and harnessed by ‘cypherpunks’, that is, individuals who advocate the use of cryptography and other strong encryption technologies to promote social and political change. At that time, being a cypherpunk meant standing on the opposite side of the government; today, I see cypherpunks, otherwise more appropriately known as cryptopunks, working closely with governments.
Does Innovation Explain The Skewness Of Stock Returns?,
2021
Boise State University, Idaho, U.S.
Does Innovation Explain The Skewness Of Stock Returns?, Ahmed Baig, Hassan Anjum Butt, Abrar Fitwi, Joey Smith
American Business Review
This paper investigates the impact of firm-level innovation on the skewness of stock returns. Using data on a broad sample of equities from the major US stock exchanges, we find that innovative companies exhibit strong positive skewness. Our results are robust to both input and output measures of innovation as we find that increases in both firm-level research and development expenditure (R&D), as well as the number of patents, are positively associated with future stock return skewness. Our results hold using both systematic and idiosyncratic measures of skewness while controlling for various stock characteristics, time, and industry-fixed effects.
A Bibliometric Analysis Of Behavioral Finance And Behavioral Accounting,
2021
Indian Institute of Management Ahmedabad, India
A Bibliometric Analysis Of Behavioral Finance And Behavioral Accounting, Bharati Singh
American Business Review
This paper presents a bibliometric analysis of relevant publications in the field of behavioral finance and behavioral accounting. The analysis shows that the emerging themes of research in recent years in behavioral finance is on investors’ sentiment, social media, investors’ attention, and financial literacy. In the field of behavioral accounting, biases such as overconfidence, framing effects or cognitive constraints on information processing, have been explored in greater detail. Other than cognitive biases, this field includes studies such as behavioral tax, organizational ecology, and performance evaluative style of organization, among others. Interestingly, our analysis suggests that research in behavioral accounting …
Socially Responsible Corporate Customers,
2021
University of Pennsylvania
Socially Responsible Corporate Customers, Rui Dai, Hao Liang, Lilian Ng
Research Collection Lee Kong Chian School Of Business
Corporate customers are an important stakeholder in global supply chains. We employ several unique international databases to test whether socially responsible corporate customers can infuse similar socially responsible business behavior in suppliers. Our findings suggest a unilateral effect on corporate social responsibility (CSR) only from customers to suppliers, an evidence further supported by exogenous variation in customers’ close-call CSR proposals and by product scandals. Customers exert influence on suppliers’ CSR through positive assortative matching and their decision-making process. Enhanced collaborative CSR efforts help improve operational efficiency and firm valuation of both customers and suppliers but increase only the customers’ future …
Joint News, Attention Spillover, And Market Returns Predictability,
2021
Singapore Management University
Joint News, Attention Spillover, And Market Returns Predictability, Li Guo, Lin Peng, Yubo Tao, Jun Tu
Research Collection Lee Kong Chian School Of Business
We analyze over 2.6 million news articles and propose a novel measure of joint news coverage of firms. The measure strongly and negatively predicts market returns, with a monthly R-squared of 3.93% in sample and 6.52% out of sample. The relation is causal, robust to existing predictors, and is especially strong when market uncertainty is high or when market frictions are large. At the firm level, joint news coverage is associated with a 20.3% increase in EDGAR downloads by new IPs from the investor bases of the other covered firms. Our evidence suggests that joint news triggers investor attention spillover …
Algorithmic Transparency,
2021
Singapore Management University
Algorithmic Transparency, Jian Sun
Research Collection Lee Kong Chian School Of Business
I study the optimal algorithmic disclosure in a lending market where lenders use a predictive algorithm to mitigate adverse selection. The predictive algorithm is unobservable to borrowers and uses a manipulable borrower feature as input. A regulator maximizes market efficiency by disclosing information about the statistical properties of variables embedded in the predictive algorithm to borrowers. Under the optimal disclosure policy, the posterior belief consists of two disjoint regions in which the borrower feature is more relevant and less relevant in predicting borrower quality, respectively. The optimal disclosure policy differentiates posterior lending market equilibria by the equilibrium data manipulation levels. …
Projected Versus Actual On-Campus Student Enrollment During The Covid-19 Pandemic For Fall 2020 At Purdue University: A Quantitative Analysis Of Purdue Office Of Enrollment Management Data,
2021
Purdue University
Projected Versus Actual On-Campus Student Enrollment During The Covid-19 Pandemic For Fall 2020 At Purdue University: A Quantitative Analysis Of Purdue Office Of Enrollment Management Data, Max Bebekoski
The Journal of Purdue Undergraduate Research
No abstract provided.
Fall/Winter 2021,
2021
DePaul University
Fall/Winter 2021
Business Exchange
Flexibility Is Our New Norm; $8 Million Bequest Supports Student Scholarships; Women in Entrepreneurship Institute Partnership Supports Business Founders of Color; College Named a Bloomberg Experiential Learning Partner; MacArthur Foundation Grant Supports Housing Research; Navigating the New Workplace Norms; Professor Introduces Students to Fintech Innovations; Accounting Graduate Brews Coffee Business with Soul
Investing In Financial Literacy Education: Purdue Libraries’ Quest To Promote Financial Wellness,
2021
Purdue University
Investing In Financial Literacy Education: Purdue Libraries’ Quest To Promote Financial Wellness, Zoeanna A. Mayhook
Midwest Business Librarian Summit (MBLS)
Many information challenges that people face in their lives will relate to managing their own personal finances. Whether they are buying a house or looking to make wise investments, attaining a combination of financial and information literacy skills can promote sound financial decision-making practices and result in long-term financial independence and well-being. Business information professionals can aid in this endeavor by providing resources and programming to develop these skills further. With the generous support of the Purdue Federal Credit Union, the Purdue Libraries have prioritized financial literacy education by fostering strategic partnerships, developing instructional materials, and incorporating personal financial competencies …
A Biblical, Culturally Relevant, And Contextually Applicable Financial Literacy Curriculum,
2021
George Fox University
A Biblical, Culturally Relevant, And Contextually Applicable Financial Literacy Curriculum, Wallace Kanyuira
Doctor of Leadership
Poverty in Kenya is high, and the church should respond by economically empowering the people to be self-reliant. People are in poverty, not for lack of opportunities and resources, but because they lack the knowledge and skills to exploit these opportunities, make decisions they are ill-equipped to make, and lack financial literacy. Many people who are financially struggling tend to seek solace in churches. Consequently, pastors need to master and teach biblical financial literacy and reshape the church culture to be responsive. In Hosea 4:6 God says: “My people are destroyed for lack of knowledge. . . .” Biblical financial …
Digital Only Banks The Changing Face Of Global Banking: Challenges, Opportunities And Aml/Cft Implications For Nigeria,
2021
Central Bank of Nigeria
Digital Only Banks The Changing Face Of Global Banking: Challenges, Opportunities And Aml/Cft Implications For Nigeria, David N. Odu
Bullion
The drastic digitization brought about by evolution of technology in the world has changed almost every sphere of human life with the most recent effect being moved to cashless economy, while the role of digitization in the banking sector is altering customer demand and preferences, banks are becoming digitally oriented to meet the forces of demand and supply. This has led to the birth of digital-only also called challenger bankers or branches banks as they operate without a physical location, only have a location for admin purposes or hosting their servers. This growing wave of consumer oriented banking institutions focuses …
Questions For Discussion Board (Finance Course),
2021
BMCC
Questions For Discussion Board (Finance Course), Loren Cohen
Open Educational Resources
This assignment is designed to get students to think about the meaning behind the numbers. All too often, students calculate given scenarios without understanding why they are doing so. This will hopefully encourage deeper thinking.
Ucimco Stock Selection Semi-Annual Presentation, Fall 2021,
2021
Ursinus College
Ucimco Stock Selection Semi-Annual Presentation, Fall 2021, Michael Buck, Stevie Benson, Walker Hamilton, Mason Jolivette, Harrison Lorenc, Devin Molina, Stephen Schoenborn, Jack Shimer, Mohammad Sufyan, John Wagner, Riley Yee
Business and Economics Presentations
The Ursinus College Investment Management Company (UCIMCO) consists of groups of student analysts who manage endowment-style and stock selection funds on behalf of the college endowment. This presentation, by the stock selection team, examines quarterly performance and strategy while discussing the most recent selections in the portfolio: Agios Pharmaceuticals, CubeSmart, Splunk and Nexstar Media Group.
Syllabus For Financial Management,
2021
Bryant University
Syllabus For Financial Management, Maura Dowling
Resources
This course deals with the financial management of the business enterprise and the role of the financial manager in value creation. The focus of this course is the increasing global dimension that the financial managers must address. Major topics include the time value of money, risk and return, security valuation, capital budgeting, cash and liquidity management, management of current liabilities, dividend policy, cost of capital, capital structure policy and the evaluation of alternative methods of financing. While this course deals with common finance problems, these problems are analyzed in a broader context with an international emphasis.
Sinwattana: Capital Crowdfunding For Thai Smes,
2021
Singapore Management University
Sinwattana: Capital Crowdfunding For Thai Smes, Singapore Management University
Perspectives@SMU
A Singaporean entrepreneur falls in love with Thailand, and creates the country’s first online equity crowdfunding platform
