Financial Advisors' Marketing Strategies To Minorities,
2018
Walden University
Financial Advisors' Marketing Strategies To Minorities, Jonica Rowland
Walden Dissertations and Doctoral Studies
Independent financial advisors face challenges with successful marketing strategies as competition from web-based resources, large U.S. financial services, and wealth advisors' corporations increase. The purpose of this exploratory case study was to understand financial advisors' perceptions, experiences, and marketing strategies to improve their companies' sustainability by targeting a broader population base, including minorities, who need assistance with retirement planning strategies. Consumer culture theory was the conceptual framework for this study. Purposeful sampling was the basis for selecting 7 financial advisors from the mid-Atlantic region of the United States for face-to-face interviews. Semistructured interviews with open-ended questions were used to identify …
Digital Strategies Senior Bank Executives In Mauritius Use To Improve Customer Service,
2018
Walden University
Digital Strategies Senior Bank Executives In Mauritius Use To Improve Customer Service, Sailesh Sewpaul
Walden Dissertations and Doctoral Studies
Customers' use of digital banking has reshaped traditional banking, and senior level bank executives must know how to leverage this innovation to improve customer service to increase profitability. Using the technology acceptance model as the conceptual framework, the purpose of this multiple case study was to explore effective digital banking strategies that senior level executives used to improve customer service to increase profitability. The target population for this study included senior-level executives from 3 banks in Mauritius possessing successful development and implementation experience in digital banking strategies to improve customer service. Data were collected through semistructured interviews and organizational documents, …
Get In Line: Chapter 11 Restructuring In Crowded Bankruptcy Courts,
2018
Brigham Young University - Provo
Get In Line: Chapter 11 Restructuring In Crowded Bankruptcy Courts, Benjamin Iverson
Faculty Publications
Bankruptcy costs depend not only on the laws that govern financial distress but also on the ability of the court to rehabilitate distressed firms. This paper tests whether Chapter 11 restructuring outcomes are affected by time constraints in busy bankruptcy courts. Using the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act as an exogenous shock to caseloads, I find that commercial banks report lower charge-offs on business lending when court caseloads decline, suggesting that the costs of financial distress are lower in less-congested courts. Further, court caseload affects how restructuring takes place. Less-busy bankruptcy judges liquidate fewer small …
Education, Cognitive Performance, And Investment Fees,
2018
Harvard University
Education, Cognitive Performance, And Investment Fees, John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian, William L. Skimmyhorn, Stephen P. Zeldes
Faculty Publications
We study the association between human capital and rollovers into Individual Retirement Accounts (IRAs), using administrative records from the defined contribution savings plan for U.S. government employees: the Thrift Savings Plan (TSP). Employees who separate from government employment have the option to leave balances in the TSP, where fees are currently under 4 basis points. However, we estimate that more than a third of the TSP balances end up being rolled over into IRA accounts, which are very likely to have much higher fees. We find that educational attainment has a very small positive association with the propensity to roll …
The Effect Of Remittance Inflows To India: An Empirical Analysis,
2018
University of New Hampshire, Durham
The Effect Of Remittance Inflows To India: An Empirical Analysis, Justin Poisson
Honors Theses and Capstones
This paper studies the relationship between remittance inflows and GDP in India. An empirical regression analysis is applied to India’s data to analyze the effect of remittance inflows to the level of GDP and GDP growth. Results show that remittance inflows have a positive and significant effect on the level of India’s GDP, and a positive but insignificant effect on GDP growth. Data used in this research come from the World Bank.
Flight To Quality In Cryptocurrencies,
2018
University of New Hampshire
Flight To Quality In Cryptocurrencies, Scott Brockelbank Jr.
Honors Theses and Capstones
The topic of cryptocurrencies has been on the forefront of investors’ minds as they have seen ridiculous returns from the volatile swings in price. Its value highly debated because the asset is not backed by a hard asset. If we look back at the beginning of our country, we see how each state had its own currency and the difficulties that users faced around who would accept that as legal tender. The birth of a federal currency was accepted because it served as a medium of exchange and was backed by gold through the U.S. government. The final evolution of …
Do President Trump’S Tweets Increase Uncertainty In The Us Economy?,
2018
University of New Hampshire, Durham
Do President Trump’S Tweets Increase Uncertainty In The Us Economy?, Michael Simpson
Honors Theses and Capstones
When President Trump tweets, does it change uncertainty in the economy? This study gathers President Trump’s tweets off his twitter accounts from October 2016 to October 2017 and classifies each of them as either negative (expected to increase uncertainty), positive (expected to decrease uncertainty) or neutral (no effect expected on uncertainty). I find that tweets with a negative sentiment were followed by an increase in uncertainty in the VIX and S&P 500 1 and 2 minutes after the tweet. Similar results were found for positive tweets. Non-neutral tweets increase trading volume in the VIX and S&P 500 by up to …
The Department Of Labor Fiduciary Rule: How Will It Affect Financial Advisors And Their Clients?,
2018
University of New Hampshire, Durham
The Department Of Labor Fiduciary Rule: How Will It Affect Financial Advisors And Their Clients?, Claire Hawkes
Honors Theses and Capstones
No abstract provided.
Relating Group Size And Posting Activity Of An Online Community Of Financial Investors: Regularities And Seasonal Patterns,
2018
Department of Economics and Statistics, University of Torino, Italy
Relating Group Size And Posting Activity Of An Online Community Of Financial Investors: Regularities And Seasonal Patterns, P. Racca, R. Casarin, Pierpaolo Dondio, F. Squazzoni
Articles
Group size can potentially affect collective activity and individual propensity to contribute to collective goods. Mancur Olson, in his Logic of Collective Action, argued that individual contribution to a collective good tends to be lower in groups of large size. Today, online communication platforms represent an interesting ground to study such collaborative dynamics under possibly different conditions (e.g., lower costs related to gather and share information). This paper examines the relationship between group size and activity in an online financial forum, where users invest time in sharing news, analysis and comments with other investors. We looked at about 24 million …
The Effect Of Mandatory Adoption Of Ifrs On Transparency For Investors,
2018
Claremont McKenna College
The Effect Of Mandatory Adoption Of Ifrs On Transparency For Investors, Crystal Anderson
CMC Senior Theses
This paper examines the effect of the mandatory adoption of the International Financial Reporting Standards (IFRS) on transparency for investors by measuring the increase in earnings management during the post-adoption period of IFRS. One sign of earnings management is current year earnings being only slightly higher than the previous year’s earnings. An increase in earnings management means a decrease in accounting quality and a decrease of transparency for investors. By comparing firms that mandatorily adopted IFRS to similar benchmark firms in terms of strength of legal enforcement, book-to-market ratios, market values and net incomes, I am able to run empirical …
InvestorS Hindsight Effect And True Timing Ability Of Tax Saving Mutual Funds,
2018
Faculty of Commerce and Accountancy
InvestorS Hindsight Effect And True Timing Ability Of Tax Saving Mutual Funds, Krittapon Chaleoykitti
Chulalongkorn University Theses and Dissertations (Chula ETD)
This paper analyze the cash flow timing ability of mutual fund investors both non-tax-saving and tax-saving funds which have constraints such as lock-up period to block investor's ability to make cash flow timing, after controlling for the hindsight effect. We analyze the sample of Thai mutual funds in the period of 2006-2017.
We find that investors have bad timing ability and make return underperformance. The tax-saving funds that have investment constraints to block investor's timing ability have better timing ability and tends to have smart money effect and make return over performance. In addition, volatility affect investors to increase the …
The Contributors,
2018
De La Salle University, Manila, Philippines
The Contributors, Marites Tiongco
DLSU Business & Economics Review
No abstract provided.
Monthly Payment Targeting And The Demand For Maturity,
2018
Brigham Young University - Provo
Monthly Payment Targeting And The Demand For Maturity, Bronson Argyle, Taylor Nadauld, Christopher Palmer
Faculty Publications
We provide evidence of mental accounting in the market for consumer installment debt and argue that increases in credit supply have been an important contributor in the recent rise in auto debt through a demand-for-maturity channel. Since the Great Recession, auto debt has grown faster than any other category of U.S. consumer credit and now eclipses credit cards in total debt outstanding. Simultaneously, auto-loan maturities have increased such that more than half of 2016 auto-loan originations had a term of over 65 months. We document three phenomena we jointly refer to as monthly payment targeting using data from millions of …
A Smart Beta Approach To Fama-French And Profitability,
2018
Claremont McKenna College
A Smart Beta Approach To Fama-French And Profitability, Joseph Malgesini
CMC Senior Theses
The Fama and French five-factor model is molded into a smart beta investment strategy with strong exposure to the profitability factor. This constructed portfolio outperforms the market significantly despite an unintentional negative correlation with profitability that can be attributed to the intra-factor return correlations. The second portfolio, constructed by investing directly in profitability as represented by gross profit over total assets, outperforms both the market and the first portfolio.
A Study On The Impact Of Technological Advancement On Community Bank Performance,
2018
University of Central Florida
A Study On The Impact Of Technological Advancement On Community Bank Performance, Andre Ong
Honors Undergraduate Theses
This study investigates the impact of technological advancement in community bank lending, more specifically, how online financial product and service offerings affect community banks' performance. Community banks, institutions with assets under $1 billion are praised as relationship banking specialists, are important source of credit to individuals and businesses. Their productive performance is highly beneficial for the economic development of the communities and customers that they serve, yet community banks' competitive power against large banks has become increasingly more challenging. Technological advancements radically shift all production and service based industries, including the banking industry and its institutions' offerings. The increasing use …
The Dogs Of The Dow Strategy Applied To The S&P 500,
2018
Columbus State University
The Dogs Of The Dow Strategy Applied To The S&P 500, Autumn Wilson
Theses and Dissertations
The Dogs of the Dow trading strategy popular strategy that invests in the ten stocks with the highest dividend yield in the Dow Jones Industrial Average. We examine a newer variation of this strategy that involves investing in the five highest dividend yield stocks from each sector of the S&P 500. We compare returns of this this strategy to those of the Dogs of the Dow and to those of the S&P 500. We find that this strategy has higher raw returns than both the Dogs of the Dow and S&P.
The Impact Of Mass And Active Shooting Incidents On Residential Real Estate Values,
2018
University of Mississippi. Sally McDonnell Barksdale Honors College
The Impact Of Mass And Active Shooting Incidents On Residential Real Estate Values, Claire Sherman
Honors Theses
Gun control as a response to gun violence is currently at the forefront of political debate in the United States. The foundation of this paper revolves around crime and real estate supported by background literature detailing external effects on real estate prices to set up the framework for the research on mass shootings and residential real estate values. The findings in this paper are based on 73 events involving mass shootings in the United States from 1996 to 2015. I find that the effect of mass shooting events plays a significant role in the decline in real estate values following …
Random Walks And Market Efficiency: Evidence From Real Estate Investment Trusts (Reit) Subsectors,
2018
Old Dominion University
Random Walks And Market Efficiency: Evidence From Real Estate Investment Trusts (Reit) Subsectors, Fahad Almudhaf, Andrew J. Hansz
Finance Faculty Publications
This paper investigates the random walk behavior of real estate investment trust (REIT) subsectors using monthly return data from January 1994 to July 2015. Using variance ratio tests, we examine subsectors of lodging/ resorts and self-storage and find that they do not follow a random walk, contradicting the weak-form efficient market hypothesis. Nonparametric runs tests help us find that office, industrial, mixed, free standing, shopping centers, apartments, manufactured homes, and timberland subsectors are weak-form efficient. The evidence in this study supports the idea that some subsectors are more informationally efficient than other subsectors. Copyright © 2018 The Author(s).
Balancing Internal Controls With Change Management In The Pacific Military Unit,
2018
Walden University
Balancing Internal Controls With Change Management In The Pacific Military Unit, Miriam Seveses Mefford
Walden Dissertations and Doctoral Studies
Federal government managers were advised to strengthen internal controls; the law dictates attestation of effective management controls, and the internal control program is used to detect risks. However, managers lacked preparatory training, with training being overlooked given the increased responsibilities. Managers are assigned the programmatic role regardless of the lack of program standards in knowledge, skill, and ability. The research questions addressed change management components, concepts, and core qualifications relative to program readiness. The purpose of this single case study was to identify and explore change management components contributing to the effectiveness of internal controls. The conceptual framework was based …
Mlb Rule Iv Draft: Valuing Draft Pick Slots,
2018
CUNY City College
Mlb Rule Iv Draft: Valuing Draft Pick Slots, Anthony Cacchione
Dissertations and Theses
This study explored the Net Present Value (NPV) in dollar terms of draft pick slots in the Major League Rule IV Draft. In order to accomplish this, the cumulative performance of players selected in each slot within the draft was evaluated and brought to the Present Value of the time they were selected using a discount rate. The performance of the players was determined using the baseball-reference Wins Above Replacement (WAR) metric. It is intuitive that earlier draft picks are the most valuable; however, it is unclear how quickly the value of draft picks decline. This research demonstrates that the …
