Zobrazeno 1 - 10
of 24
pro vyhledávání: '"Michael B. McDonald"'
Publikováno v:
Accounting & Finance. 61:1047-1079
We examine how corporate insiders pledging their equity stakes to collateralise personal loans influences firm cost of debt. Pledging enables managers to diversify personal holdings, potentially increasing risk‐taking incentives. However, exposure
Publikováno v:
Journal of Business Research. 108:1-8
This paper examines the longitudinal impact from 1990 to 2017 of continuous improvement programs and aggressive working capital practices on accounts receivable turnover, inventory turnover, days payables outstanding, and cash conversion cycle. We fi
Autor:
Michael B. McDonald, Thomas J. Healey
Publikováno v:
SSRN Electronic Journal.
Litigation finance is a rapidly growing niche asset class focused on debt and equity investments in litigation claims and law firms. We find that in-sample returns in the space have been in excess of 20% annually with limited correlation to other inv
Publikováno v:
Practical Applications. :pa.2022.jaipa059
Publikováno v:
Journal of the American College of Cardiology. 79:898
Autor:
Gregg S. Fisher, Michael B. McDonald
Publikováno v:
The Journal of Wealth Management. 21:10-20
This article examines four different asset-pricing factors and their use in a portfolio that varies over time based on an investor’s risk preferences. Using data for the period 1980–2014, the authors show that the risk premiums of different facto
Publikováno v:
Journal of Corporate Finance. 50:84-108
We examine the valuation impact of an employee-friendly (EF) culture. Using a sample of 3446 firms from 43 countries for the period 2003 to 2014, we show that firms with a more EF culture are valued higher and perform better (ROA, ROE). Consistent wi
Publikováno v:
Studies in Economics and Finance. 33:716-734
Purpose The purpose of this paper is to examine the literature on angel investors. Research on angel investors is sparse because data are sparse. Most comprehensive studies of angel investors have focused on the USA and UK. In these studies, definiti
Autor:
Larry Fauver, Michael B. McDonald
Publikováno v:
Pacific-Basin Finance Journal. 34:1-23
We examine social characteristics (individualism and risk aversion) and their interaction with firm governance and capital structure across the G20 countries from 1995 to 2009 using roughly 13,000 firms. We show that higher levels of individualism ar
Publikováno v:
The Most Important Concepts in Finance ISBN: 9781786431134
We argue that research on small firms is less informative than most scholars believe, which suggests that researchers and practitioners know less than they think. Research in small firm finance is hindered by a lack of good data, vague descriptions o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::38a3616493eb9d3d1e51b1dd9329218c
https://doi.org/10.4337/9781786431134.00021
https://doi.org/10.4337/9781786431134.00021