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

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

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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 (...)

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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 (...)

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

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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? (...)

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Performance Management15 June 2008

How to Develop Profitable Services

While 50% of some manufacturing companies' revenue comes from services, other companies are (...)

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Financial Institutions15 April 2008

Measuring Market Risks in Banks

Can banks measure precisely the market risks that influence their position? Not necessarily, (...)

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