Zobrazeno 1 - 10
of 211
pro vyhledávání: '"Sheri Tice"'
Publikováno v:
Review of Quantitative Finance and Accounting. 60:1329-1361
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8b3b6588d170532cbd4e87c8fbeade44
https://doi.org/10.1007/s11156-023-01131-w
https://doi.org/10.1007/s11156-023-01131-w
Publikováno v:
SSRN Electronic Journal.
We find that the low average returns to firms with high asset growth are consistent with two key implications of models of diagnostic investor expectations (e.g., Bordalo, Gennaioli, La Porta, and Shleifer, 2019) that formalize the representativeness
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::34d98c002ac8ddccf331f0dafb33591d
https://doi.org/10.2139/ssrn.3739972
https://doi.org/10.2139/ssrn.3739972
Publikováno v:
The Journal of Finance. 69:2085-2125
We aim to tackle the longstanding debate on whether stock liquidity enhances or impedes firm innovation. This topic is of interest because innovation is crucial for firm- and national-level competitiveness and stock liquidity can be altered by financ
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c3e521e13ae32dbfd34b650cfc5073e1
https://doi.org/10.1111/jofi.12187
https://doi.org/10.1111/jofi.12187
This paper investigates the relation between stock liquidity and firm performance. We find that firms with liquid stocks have better firm performance as measured by the market-to-book ratio. This result holds even when we include industry or firm fix
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::0b7f4e445dd32c1650c6034c3d0c0353
https://ora.ox.ac.uk/objects/uuid:c0c99ff3-9130-40aa-a552-7a6d2094e5a4
https://ora.ox.ac.uk/objects/uuid:c0c99ff3-9130-40aa-a552-7a6d2094e5a4
Publikováno v:
SSRN Electronic Journal.
Using the Great Recession of 2007-2009 as a quasi-natural experiment, we find that CEOs’ work experience is significantly related to firm stock performance while their endowed traits play a limited role in the recession. No CEO characteristics matt
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bc6b443a12005b1349bd3aabe4b62d49
https://doi.org/10.2139/ssrn.3104573
https://doi.org/10.2139/ssrn.3104573
Publikováno v:
Journal of Financial Economics. 96:463-484
The diversification discount (multiple segment firm value below the value imputed using single segment firm multiples) is commonly thought to be generated by agency problems, a lack of transparency, or lackluster future prospects for diversified firm
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b36d5975ea9713506327dfd410d6465b
https://doi.org/10.1016/j.jfineco.2010.02.006
https://doi.org/10.1016/j.jfineco.2010.02.006
Publikováno v:
Journal of Financial Economics. 92:376-399
Miller [1977. Risk, uncertainty, and divergence of opinion. Journal of Finance 32, 1151–1168] hypothesizes that prices of stocks subject to high differences of opinion and short-sales constraints are biased upward. We expect earnings announcements
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c6a32d465f1a5110f34c86794737e6e0
https://doi.org/10.1016/j.jfineco.2008.04.009
https://doi.org/10.1016/j.jfineco.2008.04.009
Autor:
Sheri Tice, Valentin Dimitrov
Publikováno v:
Review of Financial Studies. 19:1465-1498
We study whether differences in access to credit cause focused firms to perform differently from diversified firms in the product market. Prior work has identified binding credit constraints for bank-dependent firms during recessions. We assess wheth
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3be0fafc12f290620abe11ee69215b79
https://doi.org/10.1093/rfs/hhj028
https://doi.org/10.1093/rfs/hhj028
Autor:
Naveen Khanna, Sheri Tice
Publikováno v:
Journal of Financial Economics. 75:397-427
We compare pricing and exit decisions of discounters across the business cycle. Cities containing high debt and/or low efficiency firms display higher prices during non-recession years. During recessions, prices increase in cities with less efficient
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a4b71d38ac8598ee1e31e85f52e50500
https://doi.org/10.1016/j.jfineco.2004.02.002
https://doi.org/10.1016/j.jfineco.2004.02.002
Publikováno v:
SSRN Electronic Journal.
The commonly constructed measure of the value to corporate diversification manufactures a discount by focusing solely on error-prone and irrelevant industry matching to the exclusion of sales and age. In a “falsification” test that replaces diver
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b8fa4b37a28886a616f17f43a8e43da2
https://doi.org/10.2139/ssrn.2535017
https://doi.org/10.2139/ssrn.2535017