Business Commons^™

Australian Stock Indexes And The Four-Factor Model, Bruce A. Costa, Keith Jakob, Scott J. Niblock, Elisabeth Sinnewe

Dr Scott J Niblock

Stock indexes are passive ‘value-weighted’ portfolios and should not have alphas which are significantly different from zero. If an index produces an insignificant alpha, then significant alphas for equity funds using this index can be attributed solely to manager performance. However, recent literature suggests that US stock indexes can demonstrate significant alphas, which ultimately raise questions regarding equity fund manager performance in both the US and abroad. In this paper, we employ the Carhart four-factor model and newly available Asian-Pacific risk factors to generate alphas and risk factor loadings for eight Australian stock indexes from January 2004 to December 2012. …

Integrating Funders Into A Multisector Transit-Equity Collaborative: Lessons From The Field, Davian Gagne

The Foundation Review

This article examines the efforts of Mile High Connects, a collaborative working to ensure that the Denver region’s $7.8 billion transit project benefits low-income communities and communities of color by connecting them to affordable housing, healthy environments, quality education, and good-paying jobs.

The collaborative, which includes local and national funders that have coalesced around the central issue of transit equity, has adopted a collective-impact model that has at its core two tools to measure and track its work and to show the social-impact outcomes achieved through its initiatives.

This article describes the collaborative’s approach to evaluation, reflects on its initial …

Essays On Volatility Drivers, Transmissions And Equity Market Correlations In A Global Setting, Antonio M. Figueiredo

FIU Electronic Theses and Dissertations

Volatility is a fascinating and important topic for financial markets in general, and probably the single most important issue in financial risk management. Although volatility itself is not synonymous with risk, it is closely associated with it in the realm of risk management. In this study, I focus on the volatility in the foreign exchange markets and investigate the spillover of volatility from this market to equity correlations and its impact on global equity markets’ bid-ask spreads as a proxy for market quality. I also explore the role that accounting earnings quality play in subsequent volatility in U.S. equity markets. …

The State Of The State (Sos) Conference 2016.Pdf

Lisa Dubose

The Corporate Shell Game, J.S. Nelson

J.S. Nelson