Articles

What affects the quality of an audit? Cédric Lesage and Géraldine Hottegindre have answered this (...)

Read more
Corporate Finance15 October 2009

Cash Reserves: Both Safety and Strategy!

Key Ideas •There is a positive correlation between a company’s cash reserves and its future market (...)

Read more

 Key Ideas • Empirical evidence shows that trade-throughs are quite frequent and are (...)

Read more

Key Ideas: • The adoption of International Financial Reporting Standards (IFRS) has not improved (...)

Read more
Financial Markets15 April 2009

Sending Signals: The Meaning of Equity vs.Cash

Key Ideas • When acompany transfers or sells just a portion of its assets, market response is (...)

Read more
Social & societal trends and issues28 February 2009

The Impact of Religion on Risk-Taking in the United States

Companies’ aversion to risk is strongly linked to the level of religiousness of the community in (...)

Read more

 Key ideas: • A central component in the contract established between rating agencies and (...)

Read more
Financial Markets15 September 2008

The Dog That Did Not Bark

How can insider trading¹ patterns be used to anticipate large movements in stock market prices? (...)

Read more