Zobrazeno 1 - 10
of 20
pro vyhledávání: '"Alan D. Crane"'
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::976751980ef76fe4edbf28c9c9a63965
https://doi.org/10.2139/ssrn.4412436
https://doi.org/10.2139/ssrn.4412436
Autor:
Alan D. Crane, Kevin Crotty
Publikováno v:
The Journal of Finance. 75:1629-1675
The majority of security analysts are identified as skilled when the cross-section of analyst performance is modeled as a mixture of multiple skill distributions. Analysts exhibit heterogeneous skill–some are high-type, and some are low-type. On av
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1ed1d01841b415547f6c03564d090238
https://doi.org/10.1111/jofi.12890
https://doi.org/10.1111/jofi.12890
Publikováno v:
Journal of Financial Economics. 133:175-197
We examine the impact of investor coordination on governance. We identify coordinating groups of investors (cliques) as those connected through the network of institutional holdings. Clique members vote together on proxy items: a one standard deviati
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::55840b19420bae8148393bd88012bcf3
https://doi.org/10.1016/j.jfineco.2018.11.012
https://doi.org/10.1016/j.jfineco.2018.11.012
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::17988b18d05af2a591847ed5a05b78ed
https://doi.org/10.2139/ssrn.3945818
https://doi.org/10.2139/ssrn.3945818
Publikováno v:
Journal of Financial and Quantitative Analysis. 53:1911-1935
There is a standard trade-off in compensation contracts between the provision of incentives and insurance. We hypothesize that this trade-off influences the precision with which firm performance is measured. We find that firm outcomes are measured le
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e85e68b535ccdc10963db74755791dbf
https://doi.org/10.1017/s0022109018000303
https://doi.org/10.1017/s0022109018000303
Publikováno v:
The Review of Financial Studies. 31:4720-4761
Mutual funds seek alpha, but residual coskewness is also an important performance attribute. Alpha and residual coskewness relative to the market are negatively correlated in theory, so funds may generate undesirable residual coskewness in the pursui
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d1093d46b33377d54ea6263eee9cfdf2
https://doi.org/10.1093/rfs/hhy029
https://doi.org/10.1093/rfs/hhy029
Autor:
Kevin Crotty, Alan D. Crane
Publikováno v:
Journal of Financial and Quantitative Analysis. 53:33-64
We use the cross-section of index funds to assess the extent of skill in active mutual funds. First, we apply methods designed to disentangle skill and luck in performance evaluation to a set of traded funds that should not exhibit skill: index funds
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d8bebba5c3c8c010daaea6e13ed01d9e
https://doi.org/10.1017/s0022109017000904
https://doi.org/10.1017/s0022109017000904
Autor:
Andrew Koch, Alan D. Crane
Publikováno v:
Management Science. 64:5-23
We use a natural experiment to identify a causal effect of the threat of shareholder litigation on ownership structure, governance, and firm performance. We find that when it becomes harder for small shareholders to litigate, ownership becomes more c
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f8e8dd18111981d94b2b20fa258b3695
https://doi.org/10.1287/mnsc.2016.2561
https://doi.org/10.1287/mnsc.2016.2561
Publikováno v:
Economics Letters. 206:109966
We quantify the value of social status using secondary market prices for Delaware license plates. Delaware plates are numbered sequentially, are private property, and can be legally bequeathed or traded. In Delaware, they are a valuable source of soc
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bd252845bff89129361c23da3905a86d
https://doi.org/10.1016/j.econlet.2021.109966
https://doi.org/10.1016/j.econlet.2021.109966
Publikováno v:
SSRN Electronic Journal.
Despite the economic importance of the U.S. stock market, there is strikingly little evidence of its impact on elections. Using county-level variation in stock market participation, we document a causal impact of market returns on election outcomes.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0972f60951acb5ef86057db5cf67159a
https://doi.org/10.2139/ssrn.3460209
https://doi.org/10.2139/ssrn.3460209