Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Publication
- Publication Type
- File Type
Articles 1 - 15 of 15
Full-Text Articles in Business
Culvert Material Cost Comparison, New England Environmental Finance Center
Culvert Material Cost Comparison, New England Environmental Finance Center
Economics and Finance
The following tables provide a detailed look at the role that culvert material and culvert diameter play in the overall cost of a culvert replacement project. Table 1 displays the cost per foot purchase price arranged by diameter size for the various culvert materials that are currently available. Table 2 displays the average additional culvert pipe material cost (increased cost to upsize minus original in-kind replacement cost) that would be incurred when upsizing a given diameter of culvert with a 50 foot length by factors of: 200%, 250% and 300%.
An Overview Of Caribbean Securities Exchanges, Clifford Chad Henson
An Overview Of Caribbean Securities Exchanges, Clifford Chad Henson
Clifford Chad Henson
Caribbean securities exchanges have existed since the 1969 creation of the Jamaican Stock Exchange; in the last 15 years those exchanges have increased in number and signiicance. From the creation of the Bermuda Stock Exchange in 1971 to the creation of the Trinidad & Tobago Stock Exchange in 1981, no new exchanges with staying power were added. Beginning with the Barbados Stock Exchange in 1987 and followed by the Bolsa de Valores de la Republica Dominicana in 1991, the Cayman Islands Stock Exchange in 1997, the Bahamas International Securities Exchange and the International Finance Center and Exchange in 1999, and …
Evaluating The Extent Of How Islamic Jordanian Banks Applied The Concept Of Islamic Banking Marketing From Customers View Points, Philadelphia University
Evaluating The Extent Of How Islamic Jordanian Banks Applied The Concept Of Islamic Banking Marketing From Customers View Points, Philadelphia University
Philadelphia University, Jordan
No abstract provided.
How Advertisers Mess With Our Minds And Wallets, Ann House
How Advertisers Mess With Our Minds And Wallets, Ann House
All Current Publications
This publication provides insight on how marketers gain consumers' interest and trust and what rights consumers are entitled to.
A New Look At Mutual Fund Performance, Laurie Prather, William Bertin, Thomas Henker
A New Look At Mutual Fund Performance, Laurie Prather, William Bertin, Thomas Henker
Thomas Henker
This study goes beyond the scope of the typical analysis of mutual fund performance by considering a broader set of fund-specific factors uniquely categorized in terms of their impact on returns. Also unique to this study is a detailed exposition of the linkages between fund characteristics and performance. Traditional regression techniques explore these relationships in an attempt to predict fund performance, while the sample of funds examined is screened for survivor bias in a non-conventional fashion. The results suggest that our unique categories of fund popularity, agility, and growth, as well as the standard cost and managerial factors are relevant …
Bid And Ask Spreads In Futures Markets, Thomas Henker
Bid And Ask Spreads In Futures Markets, Thomas Henker
Thomas Henker
This dissertation examines a number of empirical issues that arise in the trading of equity index futures and in research conducted using high frequency futures market data. Both essays benefit from a data set unique to futures market research. The dissertation consists of two essays. ^ The Bid and Ask spread of the FTSE-100 futures contract, presents evidence that bid-ask spreads of the FTSE-100 index futures market are wider than microstructure theory would predict because full point price quotes are systematically preferred over half point price quotes by market makers. The findings are even more pronounced for electronic trading in …
Re-Examining The Dividend Drop Ratios With Dividend Capture Trading, Vyas Balasubramaniam, William Bertin, Thomas Henker, Laurie Prather
Re-Examining The Dividend Drop Ratios With Dividend Capture Trading, Vyas Balasubramaniam, William Bertin, Thomas Henker, Laurie Prather
Thomas Henker
We calculate dividend drop ratios over periods with changing quotation and taxation frameworks to assess the veracity of competing explanations. We use intraday prices, adjusted for non-trading, to provide a more accurate picture of price changes due to dividend payments than those produced in previous literature. Intraday estimates for dividend drop ratios are consistently higher than those calculated with end of day prices. Further we find that stocks trading ex-dividend, on average, underperform the market by a large amount over the following month. We attribute this phenomenon to dividend capture trading by tax advantaged and tax indifferent market participants.
Re-Examining The Dividend Drop Ratios With Dividend Capture Trading, Vyas Balasubramaniam, William Bertin, Thomas Henker, Laurie Prather
Re-Examining The Dividend Drop Ratios With Dividend Capture Trading, Vyas Balasubramaniam, William Bertin, Thomas Henker, Laurie Prather
Laurie Prather
We calculate dividend drop ratios over periods with changing quotation and taxation frameworks to assess the veracity of competing explanations. We use intraday prices, adjusted for non-trading, to provide a more accurate picture of price changes due to dividend payments than those produced in previous literature. Intraday estimates for dividend drop ratios are consistently higher than those calculated with end of day prices. Further we find that stocks trading ex-dividend, on average, underperform the market by a large amount over the following month. We attribute this phenomenon to dividend capture trading by tax advantaged and tax indifferent market participants.
Financial Management Practices And Their Impact On Organizational Performance, Babar Zaheer Butt, Ahmed Imran Hunjra, Kashif Ur Rehman
Financial Management Practices And Their Impact On Organizational Performance, Babar Zaheer Butt, Ahmed Imran Hunjra, Kashif Ur Rehman
Ahmed Imran Hunjra (PhD)
This study measures the relationship between organizational performance and financial management practices like capital structure decision, dividend policy, investment appraisal techniques, working capital management and financial performance assessment in Pakistani corporate sector. Sample of the study consisted of forty companies operating in Pakistan, related to different sectors and listed at Karachi Stock Exchange. The finance executives and financial analysts of the companies responded to questionnaire that identified through company profiles and references. The questionnaires were self administered to collect the data from respondents. The results show a positive and significant relationship between financial management practices and organizational performance in Pakistani …
Are Retail Investors The Culprits? Evidence From Australian Individual Stock Price Bubbles, Julia Henker, Thomas Henker
Are Retail Investors The Culprits? Evidence From Australian Individual Stock Price Bubbles, Julia Henker, Thomas Henker
Thomas Henker
We address the question of whether the trading of retail investors causes stock price anomalies. Our intent is to study settings in which retail investors are most likely to have influence on market prices. Previous research suggests that retail investors have more influence in small capitalization stocks, and argues that retail investors are most likely to be irrational. Most theories of stock price anomalies hypothesize the presence of irrational traders. Consequently, we focus on stock price anomalies in primarily small capitalization stocks. Our data are from the Australian Stock Exchange Clearinghouse. The Australian stock market is characterized by a high …
Financial Management Practices And Conflict Management Styles Of Couples In Great Marriages, Amanda Marie Horrocks
Financial Management Practices And Conflict Management Styles Of Couples In Great Marriages, Amanda Marie Horrocks
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
This study presents findings on the financial management practices and degrees of conflict of couples in great marriages. Qualitative data from a national sample of couples in great marriages were collected using a 31-page questionnaire. Of the 81 couples who responded, 40 fit the criteria for this study in that they discussed their level of agreement about financial issues in marriage. Their responses were coded to discover which financial topics are pervasive and whether or not couples agreed over these topics. Responses about conflict were also analyzed to determine the degree of agreement between spouses in different categories. Findings from …
Local Financial Services Innovation: Local Management, Strategy And Change; A Field Investigation, Ann Catherine Nave
Local Financial Services Innovation: Local Management, Strategy And Change; A Field Investigation, Ann Catherine Nave
Chancellor’s Honors Program Projects
No abstract provided.
Mass Business Report, College Of Management, University Of Massachusetts Boston
Mass Business Report, College Of Management, University Of Massachusetts Boston
Financial Services Forum Publications
Welcome to the College of Management, UMass Boston, Financial Services Forum’s Spring 2010 report on the Massachusetts economy. The spotlight of this report is the Finance, Insurance and Real Estate (FIRE) sector in Massachusetts.
Noise And Efficient Variance In The Indonesia Stock Exchange, Thomas Henker, Zaafri Husodo
Noise And Efficient Variance In The Indonesia Stock Exchange, Thomas Henker, Zaafri Husodo
Thomas Henker
We separate noise from information related variance for stocks traded on the Indonesian Stock Exchange with a realized variance estimator. We find that the average optimal sampling frequency to estimate the realized variance is 9 min and that market quality has improved after 2004. The positive relation between the standard deviation of the noise variance and the square root of the efficient realized variance implies that as uncertainty about asset values increases the risk of transacting with traders with superior information increases as well. Furthermore, variance ratio comparisons reveal that private information is a significant trading component on the IDX.
Excess Return Estimate And Risk Factors In Hospitality Firms, Genti Lagji
Excess Return Estimate And Risk Factors In Hospitality Firms, Genti Lagji
Masters Theses 1911 - February 2014
Calculating the expected return has been a longstanding issue in the finance. There is a positive correlation between the undertaken risk and excess return (or loss) but numerous variables need to be considered. This study builds on the Fama and French formula and adds factors unique to the hospitality industry such as labor cost and diversification in order to get results that are a tailored to the hospitality industry. Active hotel and restaurants companies (SIC 7011 and 5812 respectively) in the 2000-2009 period were analyzed in separate samples. The labor cost improves the explanatory on both samples and the diversification …