Ditapis dengan
Pengaruh Kebijakan Working Capital Dengan Kinerja Keuangan Perusahaan (Profit…
Penelitian ini ditujukan untuk menetapkan korelasi empiris antara kebijakan modal kerja dan kinerja keuangan perusahaan (seperti profitabilitas dan nilai pasar) dari perusahaan Crude Palm Oil (CPO) yang terdaftar di Indonesia. Data laporan keuangan yang diterbitkan dari perusahaan Crude Palm Oil yang terdaftar selama lima tahun mulai dari tahun 2017 hingga 2021, dikumpulkan dari situs web perus…
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- ISBN/ISSN
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- Deskripsi Fisik
- 115 p. ; diagr. ; 30 cm
- Judul Seri
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- No. Panggil
- 13972
Open economies delivering to people : APEC's decade of progress
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- ISBN/ISSN
- 646406019
- Deskripsi Fisik
- x, 65 p. : chart ; 30 cm.
- Judul Seri
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- No. Panggil
- 330.122 ASI o
When does corporate venture capital add value for new ventures?
New ventures face a trade-off when considering corporate venture capital (CVC) funding. Corporate investors can provide complementary assets that enhance the commercialization of new venture technologies. However, tight links with a particular corporate investor has drawbacks and may constrain new ventures from accessing complementary assets from diverse sources in an open market. Taking this t…
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- ISBN/ISSN
- 1432095
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- SMJ3301
The Manipulation of executive stock option exercise strategies: information t…
I identify three option exercise strategies executives engage in, including (i) exercising with cash and immediately selling the shares, (ii) exercising with cash and holding the shares, and (iii) delivering some shares to the company to cover the exercise costs and holding the remaining shares. Stock price patterns suggest executives manipulate option exercises. They use private information to…
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- ISBN/ISSN
- 221082
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
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Global currency hedging
Over the period 1975 to 2005, the U.S. dollar (particularly in relation to the Canadian dollar), the euro, and the Swiss franc (particularly in the second half of the period) moved against world equity markets. Thus, these currencies should be attractive to risk-minimizing global equity investors despite their low average returns. The risk-minimizing currency strategy for a global bond investor…
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- ISBN/ISSN
- 221082
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- JOF6501
The Impact of outcome elaboration on susceptibility to contextual and present…
The authors examine an important anomaly in investment behavior - namely, the tendency to fall prey to the effects of contextual and presentation biases, which emerge when people make different decisions as a function of how information is presented to them. They also identify an important factor that moderates these effects. The results from four studies show that investors with a stronger ten…
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- ISBN/ISSN
- 222437
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- -
The Elastic provision of liquidity by private agents
I study a model of investment by financially constrained firms that are heterogeneous with respect to their exposure to an aggregate liquidity shock. A firm that is susceptible to the shock will mitigate its exposure by purchasing claims issued by a firm that is not. Liabilities of an unaffected firm may earn a liquidity premium due to their fungibility, and because they are backed by productiv…
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- ISBN/ISSN
- 222879
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- -
Who gambles in the stock market?
This study shows that the propensity to gamble and investment decisions are correlated. At the aggregate level, individual investors prefer stocks with lottery features, and like lottery demand, the demand for lottery-type stocks increases during economic downturns. In the cross-section, socioeconomic factors that induce greater expenditure in lotteries are associated with greater investment in…
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- ISBN/ISSN
- 221082
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
- -
Equilibrium portfolio strategies in the presence of sentiment risk and excess…
Our objective is to identify the trading strategy that would allow an investor to take advantage of "excessive" stock price volatility and "sentiment" fluctuations. We construct a general equilibrium "difference-of-opinion" model of sentiment in which there are two classes of agents, one of which is overconfident about a public signal, while still optimizing intertemporally. Overconfident inves…
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- ISBN/ISSN
- 221082
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
- -
Do Investors overweight personal experience? evidence from IPO subscriptions
We find a strong positive link between past IPO returns and future subscriptions at the investor level in Finland. Our setting allows us to trace this effect to the returns personally experienced by investors; the effect is not explained by patterns related to the IPO cycle, or wealth effects. This behavior is consistent with reinforcement learning, where personally experienced outcomes are ove…
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- ISBN/ISSN
- 221082
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
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Entrepreneurial shareholder activism: hedge funds and other private investors
We examine recent confrontational activism campaigns by hedge funds and other private investors. The main parallels between the groups are a significantly positive market reaction for the target firm around the initial Schedule 13D filing date, significantly positive returns over the subsequent year, and the activist's high success rate in achieving its original objective. Further, both activis…
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- ISBN/ISSN
- 221082
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- -
Option games - the key to competing in capital-intensive industries
It's a story that regularly plays out in many industries. Indeed, any company making big-budget investment decisions faces the same basic dilemma. On the one hand, it must make timely, strategic investments to prevent rivals from gaining ground. On the other, it must avoid tying up too much cash in risky projects, especially during times of market uncertainty. The traditional valuation methods …
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- ISBN/ISSN
- 178012
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- -
Estimating Operational Risk for hedge funds: The [omega]-Score
Using a complete set of U.S. SEC filing information on hedge funds (Form ADV) and data from the Lipper TASS Hedge Fund Database, the study reported here developed a quantitative model called the ω-score to measure hedge fund operational risk. The ω-score is related to conflict-of-interest issues, concentrated ownership, and reduced leverage in the Form ADV data. With a statistical met…
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- -
Designing a defined-contribution plan: what to learn from aircraft designers
This article uses the framework of designing a commercial aircraft to illustrate how a personal defined-contribution (DC) pension plan should be designed if it is to achieve its objective of delivering an adequate and secure retirement pension. The article's suggestions are based on similarities between a DC pension plan and an aircraft journey. For example, the strategic investment strategy is…
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
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Markets in crisis
In an interview, John C. Bogle, president of Vanguard's Bogle Financial Markets Research Center, talked about the global market crisis and his outlook for the future of the global economy. According to Bogle, there is always an element of repetition, and this present crisis has that. Investors refuse to concede that certain firms or financial instruments have very high risk. Therefore, people t…
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
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Saving social security: a better approach
The disappearance of the defined-benefit (DB) pension plan is one of the greatest financial tragedies to befall the U.S. citizen. As demographics have changed and as defined-contribution (DC) plans have become the primary vehicles for retirement savings, retirement planning has become fraught with uncertainty. This article argues that DB plans, such as the U.S. Social Security system, are funda…
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
- -
The Returns to hedge fund activism
Hedge fund activism is a new form of investment strategy. Using a large hand-collected dataset from 2001 to 2006, we find that activist hedge funds in the United States provose strategic, operational, and financial remedies and attain success or partial success in two-thirds of the cases. The abnormal stock return upon announcement of activism is approximately 7 percent, with no reversal during…
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
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The Accruals anomaly and company size
Research has shown that a trading strategy based on publicly available accounting accrual information can earn abnormal returns of approximately 10 percent in the year after it is applied. This article reports a study of whether this "accruals anomaly" is sensitive to company size. The empirical results suggest that the interaction between company size and accruals provides incremental informat…
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
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Accruals, capital investments, and stock returns
The evidence from this study shows that the "accruals anomaly" and the "capital investment anomaly" are distinct, even though capital investments and accruals may be related in a certain way. The results also indicate that, after adjustment for the Fama-French three risk factors, investors earn substantially higher returns by using a strategy that exploits both anomalies at the same time than b…
- Edisi
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
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- Judul Seri
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- No. Panggil
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How variation in signal quality affects performance
The information coefficient (IC), the correlation between forecasted and realized return, is a popular measure of signal quality. As shown in this article, variation in IC is an important source of active risk, and IC variation has an effect on optimal portfolio structure. Contrary to popular belief, the ability to take short positions in equity portfolios does not necessarily lead to superior …
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- ISBN/ISSN
- 0015198X
- Deskripsi Fisik
- -
- Judul Seri
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- No. Panggil
- -
Karya Umum 
Filsafat 
Agama 
Ilmu-ilmu Sosial 
Bahasa 
Ilmu-ilmu Murni 
Ilmu-ilmu Terapan 
Kesenian, Hiburan, dan Olahraga 
Kesusastraan 
Geografi dan Sejarah