Do market participants’ forecasts of financial variables outperform the random-walk benchmark?
Sign Up to like & getrecommendations! Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2020.101712
Abstract: Abstract In this paper, we evaluate the forecasting precision of survey expectations of the four financial variables in the Prospera survey commissioned by Sveriges Riksbank – one of Sweden's most important economic surveys. Our analysis… read more here.
Keywords: market participants; outperform random; survey; random walk ... See more keywords
The consequences of shifting the IPO offer pricing power from securities regulators to market participants in weak institutional environments: Evidence from China
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2016.10.007
Abstract: We examine the consequences of shifting the IPO offer pricing power from securities regulators to market participants in a representative weak investor protection country, China. We show IPO offer prices relative to reported earnings are… read more here.
Keywords: securities regulators; market participants; ipo offer; market ... See more keywords
Integrity and Justice: What is Required of Free Market Participants?
Sign Up to like & getrecommendations! Published in 2017 at "Palgrave Communications"
DOI: 10.1057/palcomms.2017.46
Abstract: The purpose of this article is to present an account of integrity and justice in a free market. The article seeks to answer the question, “When evaluating integrity, what does justice require of free market… read more here.
Keywords: market participants; justice; integrity justice; integrity ... See more keywords
Do market participants value earnings management? An analysis using the quantile regression method
Sign Up to like & getrecommendations! Published in 2019 at "Managerial Finance"
DOI: 10.1108/mf-02-2018-0087
Abstract: PurposeThe purpose of this paper is to postulate that market participants’ views on the nature of discretionary accruals as earnings management or earnings manipulation could relate to a rise or a fall in a firm’s… read more here.
Keywords: market; earnings management; market participants; quantile regression ... See more keywords
Incentive-Compatible Market Clearing for a Two-Stage Integrated Electricity-Gas-Heat Market
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DOI: 10.1109/access.2019.2936889
Abstract: The establishment and development of an integrated energy market (IEM) contributes to the equitable distribution of electrical and thermal energy production resources. However, the application of conventional locational marginal price theory generally fails to promote… read more here.
Keywords: incentive; vcg auction; market participants; market ... See more keywords
The Morality of Informality: Exploring binary oppositions in counterfeit markets
Sign Up to like & getrecommendations! Published in 2022 at "Organization Studies"
DOI: 10.1177/01708406221124796
Abstract: In seeking to explain the persistence of the informal economy – defined as the set of economic activities that are illegal yet legitimate to some large groups – scholars often focus on instrumental economic factors;… read more here.
Keywords: market participants; morality informality; informal economy; informality exploring ... See more keywords
Protection of the Rights of Public Utilities Market Participants (In the Context of Poverty Prevention)
Sign Up to like & getrecommendations! Published in 2020 at "Systematic Reviews in Pharmacy"
DOI: 10.31838/srp.2020.10.139
Abstract: The article analyzes the facility of protection of rights in the public utility market. The main task is to assess the effectiveness of the existing legal approach to solving this problem in the context of… read more here.
Keywords: protection; utilities market; public utilities; poverty ... See more keywords