Zobrazeno 1 - 10
of 28
pro vyhledávání: '"Umut Celiker"'
Publikováno v:
Financial Review. 57:663-689
We find that strong disagreements between hedge funds and other institutions in their common stock trades are twice as likely as agreements. The overall success of hedge funds’ trades is confined to disagreement stocks. While hedge funds are on ave
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2ba92181f1053a9c9a3ef9149f8ed418
https://doi.org/10.1111/fire.12308
https://doi.org/10.1111/fire.12308
Publikováno v:
Financial Review. 56:563-590
We examine institutional trading in relation to changes in consensus recommendations over time. We find that pre-Reg FD’s positive contemporaneous relation between hedge fund trading and change in consensus becomes negative after Reg FD, but the po
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d51b54d7f775c0be5df7de41c4b26472
https://doi.org/10.1111/fire.12273
https://doi.org/10.1111/fire.12273
Publikováno v:
The European Journal of Finance. 27:1887-1907
This paper investigates hedge fund herding at the industry level and its impact on industry returns. Although the level of industry herding on average is substantially weaker for hedge funds compared to non-hedge fund institutions, we find that indus
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::92ffde5890655184686d3e3fbbf45bd0
https://doi.org/10.1080/1351847x.2021.1918206
https://doi.org/10.1080/1351847x.2021.1918206
Publikováno v:
Journal of Financial and Quantitative Analysis. 56:2136-2169
This paper investigates hedge funds’ ability to time industry-specific returns and shows that funds’ timing ability in the manufacturing industry improves their future performance, probability of survival, and ability to attract more capital. The
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3db85f19f81c2d49f48c3e93e40b8d9b
https://doi.org/10.1017/s0022109020000794
https://doi.org/10.1017/s0022109020000794
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b309b8e42fd14dbcf728248608432f04
https://doi.org/10.2139/ssrn.4041590
https://doi.org/10.2139/ssrn.4041590
Publikováno v:
SSRN Electronic Journal.
We examine institutional trading in relation to changes in consensus recommendations over time. We find that pre-Reg FD’s positive contemporaneous relation between hedge fund trading and change in consensus becomes negative after Reg FD, but the po
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::940756bcb24ee6e2b5a8ba227e93d4f3
https://doi.org/10.2139/ssrn.3625746
https://doi.org/10.2139/ssrn.3625746
Publikováno v:
SSRN Electronic Journal.
We examine how institutional investors trade stocks with high research and development (R&D) expenses and investigate whether they can detect value-relevant R&D. We document significant differences between hedge funds and other institutional investor
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::99ce09dbbe75f4c228f76c31ffc7d615
https://doi.org/10.2139/ssrn.3699806
https://doi.org/10.2139/ssrn.3699806
Publikováno v:
SSRN Electronic Journal.
Prior literature has shown that companies in Fortune’s list of 100 best companies (BCs) to work for in the United States earn positive abnormal returns in the period after the list is published. This article assesses to what extent the prior perfor
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::5c5ab26275fd449adb795e82a11f6bd8
https://doi.org/10.2139/ssrn.3640849
https://doi.org/10.2139/ssrn.3640849
Publikováno v:
Journal of Banking & Finance. 134:106337
We examine how institutional investors trade stocks with high research and development (R&D) expenses and investigate whether they can detect value-relevant R&D. We document significant differences between hedge funds and other institutional investor
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::28212498290b7064d553918f39b36985
https://doi.org/10.1016/j.jbankfin.2021.106337
https://doi.org/10.1016/j.jbankfin.2021.106337
Publikováno v:
Journal of Banking & Finance. 92:51-66
Recent studies show that institutional investors as a whole group are not any different from naive investors in failing to benefit from the book-to-market anomaly. Furthermore, Jiang (2010) illustrates that institutional investors exacerbate the pric
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e3d3af3f0b2043ae16ef7802c35e6310
https://doi.org/10.1016/j.jbankfin.2018.04.021
https://doi.org/10.1016/j.jbankfin.2018.04.021