Moorweidenstrasse 18
Hamburg, 20148
Germany
University of Hamburg
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Corporate Governance, principal-agent theory, asset pricing
corporate governance, principal-agent theory, asset pricing
Corporate governance; Ownership structure; Firm valuation; Endogeneity
Crypto Funds (CFs), Initial Coin Offering (ICO), Digital Platform Adoption and Governance, Blockchain-based Crowdfunding, Decentralized Finance (DeFi)
Crypto Funds (CFs), Initial Coin Offering (ICO), Decentralized Finance (DeFi), Blockchain-based Crowdfunding, Entrepreneurial Finance
asset allocation, factor investing, factor timing, factor tilting, parametric portfolio policy
Beta estimation, machine learning, active trading strategy
gold; market efficiency; investment strategies; monthly seasonalities; fundamental factors; technical indicators; superior predictive ability test
M&A, takeovers, corporate governance, antitakeover provisions, short-termism, firm value
Capital structure, dynamic adjustment, panel models
Capital structure, dynamic analysis, panel data
Mergers and Acquisitions (M&a), Takeovers, Acquirer Returns, Acquisition Efficiency, Bidder Wealth Effects, Antitrust Law Enforcement, Competition Policy, Merger Control, Law and Finance
Corporate life-cycle, cash holdings, value of cash
extreme event prediction, stock market crashes, machine learning, active trading strategy
Capital Structure, dynamic analysis, panel data
Corporate governance, principal-agent problems, ownership structure, firm valuation, endogeneity
stock return prediction machine learning, active trading strategy
mergers and acquisitions, acquirer returns, law and finance, takeover law, law enforcement
Mergers and acquisitions, acquirer returns, law and finance, takeover law, law enforcement
capital structure, financing decisions, speed of adjustment, credit ratings, non-listed companies
initial public offerings, underpricing, long-run stock performance, market efficiency, Swiss stock market
rebalancing, stock-bond portfolio, bootstrap, statistical inference
Economic Uncertainty, Policy Uncertainty, Investment, Cost of Capital
Board of directors, Director skills and experience, Corporate governance, Corporate Investments
Initial Public Offerings, Long-Run Stock Performance, Market Efficiency, Swiss Stock Market, Underpricing
Institutional investors, foreign ownership, legal origin, corporate environmental responsi-bility, carbon disclosure, firm value
factor-based allocation, multiple testing
corporate rating, creditworthiness, rating agencies, determinants, financial risk, business risk
Sell in May, Halloween effect, bootstrap simulation, statistical inference, investment strategy
Equity risk premium prediction, data snooping bias
rebalancing, bootstrap, performance measurement, statistical inference, stock-bond portfolio
Earnings management, voluntary disclosure environment, forecast accuracy, IPOs
Illiquidity estimation, machine learning, corporate bonds
Institutional investors, investment horizon, foreign investors, international corporate governance, firm value
characteristics-based asset pricing, factor timing, active trading strategy
Token Offering, Initial Coin Offering (ICO), Crypto Funds, Operating versus Financial Performance, Entrepreneurial Finance, Optimal Timing
Token Offering, Initial Coin Offering (ICO), crypto funds, operating versus financial performance, entrepreneurial finance, optimal timing
optimal rebalancing, stock-bond portfolio, bootstrap, statistical inference
Portfolio insurance strategies, Omega ratio, bootstrap simulation, Monte Carlo simulation
Corporate innovation, patents, R&D, equity risk premium, financing conditions, hurdle-rate theory
Corporate innovation, patents, R\&D, equity risk premium, financing conditions, hurdle-rate theory
corporate innovation, patents, R&D, equity risk premium, financing conditions
Sustainability committee; environmental disclosure; GHG emissions disclosure
Market timing, expected utility theory, regret theory, anticipated utility theory, cumulative prospect theory, bootstrap simulation
Alternative mutual funds, UCITS funds, Hedge funds, Performance measurement
climate change, greenhouse gas emission disclosure, board of directors, board diversity, ancestry
Entrepreneurial Finance, Venture Capital, Private Equity, Sustainability, Environment, Social, and Governance (ESG), Corporate Social Responsibility (CSR) JEL Codes: G24, L26, M13, Q01, Q56
corporate investment, cash flow allocation, private firms, agency problems
Business cycle, cash holdings, value of cash, growth opportunities
Sell in May, stock market anomaly, bootstrap simulation, statistical inference
Managerial compensation, incentives, executive stock options, option valuation, risk aversion
Environmental costs; sustainability; institutional investors; investment horizon; foreign investors; cost of equity
CAT Bonds, Alternative Investments, Diversifier, Hedge, Safe Haven, DCC GARCH
Mergers and acquisitions, market for corporate control, cross-border acquisitions, corporate governance, investor protection, shareholder rights, acquirer returns, bidder wealth effects
Trust, foreign bias, portfolio diversification, information asymmetry, institutional investors, culture
Private equity, venture capital, entrepreneurship, investment multiples, start-up valuation
Institutional ownership, foreign investors, bond covenants, corporate governance
crypto funds, active investment management, performance measurement, fund selection, blockchain-based digital assets
Institutional ownership; investment horizons; corporate governance; credit ratings
Capital Allocation, Corporate Investment, Shipping Firms, Ownership Concentration, Firm Value
Institutional investors; investor networks; monitoring; earnings management
insider trading, skewness
Size effect, capital asset pricing model, leverage, estimation
climate change, greenhouse gas emission disclosure, institutional investors, dual holders
Initial Public Offerings, Share Repurchases, Seasoned Equity Offerings, Valuation Effects
Institutional ownership; foreign investors; bond covenants; corporate governance
Institutional investors, investment horizons, churn rates, institutional environments
Institutional Investors, Corporate Governance, Future Research JEL Classifications: G32, G34
JEL Classification: G11, G12, G14 Bootstrap, block bootstrap, crashes, drawdowns, stock markets, crypto markets, bitcoin, serial dependence
Cash Flow Sensitivity, Financial Development, Law and Finance
Team networks, venture success, token-financing, startups, social network analysis
maximum drawdown, bootstrap simulation, strategic asset allocation, stock markets, serial dependence
Diversification, Risk Parity, Factor Completion, Multi-Asset Multi-Factor Investing, Factor-based Models, Portfolio Management/Multi-Asset Allocation, Style Investing
Alternative Mutual Funds, UCITS Funds, Hedge Funds, Return Prediction
Alternative mutual funds, UCITS fund, hedge funds, performance measurement, performance persistence
Maritime financial management, capital structure, speed of adjustment
Capital structure, zero-leverage, debt conservatism, financial constraints, financial flexibility
Fixed income portfolios, copula opinion pooling (COP) methodology, portfolio optimization, Monte Carlo simulations, hedge funds, robust Bayesian methods, non-normal return distributions, co-dependent markets, prior and posterior allocation
asset management, ship funds, freight markets, VEC model
Cash holdings, Transaction costs motive, Precautionary motive
Cash flow sensitivity, financial constraints, liquidity crises, investment spending, supply side shock