Daniel Hoechle

FHNW School of Business - Institute for Finance

Peter Merian-Strasse 86

Basel, CH-4002

Switzerland

University of Basel - Department of Finance

Peter Merian-Weg 6

Basel, CH-4002

Switzerland

SCHOLARLY PAPERS

9

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Top 9,642

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78

Scholarly Papers (9)

How Much of the Diversification Discount Can be Explained by Poor Corporate Governance?

Number of pages: 52 Posted: 11 Feb 2009 Last Revised: 15 Jun 2013
Daniel Hoechle, Markus Schmid, Ingo Walter and David Yermack
FHNW School of Business - Institute for Finance, University of St. Gallen - Swiss Institute of Banking and Finance, New York University - Leonard N. Stern School of Business and New York University (NYU) - Stern School of Business
Downloads 799 (64,829)
Citation 3

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Organizational structure, Diversification, Firm valuation, Corporate governance

How Much of the Diversification Discount Can Be Explained by Poor Corporate Governance?

NYU Working Paper No. 2451/28341
Number of pages: 32 Posted: 08 Dec 2009 Last Revised: 10 Sep 2013
Daniel Hoechle, Markus Schmid, Ingo Walter and David Yermack
FHNW School of Business - Institute for Finance, University of St. Gallen - Swiss Institute of Banking and Finance, New York University - Leonard N. Stern School of Business and New York University (NYU) - Stern School of Business
Downloads 644 (85,863)
Citation 48

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2.

Is There Really No Conglomerate Discount?

Number of pages: 39 Posted: 28 Feb 2008 Last Revised: 29 May 2013
Manuel Ammann, Daniel Hoechle and Markus Schmid
University of St. Gallen - School of Finance, FHNW School of Business - Institute for Finance and University of St. Gallen - Swiss Institute of Banking and Finance
Downloads 886 (57,211)

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Organizational structure, Diversification, Market value of debt, Endogeneity, Fixed effects

3.

The Impact of Financial Advice on Trade Performance and Behavioral Biases

Review of Finance, Forthcoming
Number of pages: 52 Posted: 14 Dec 2014 Last Revised: 28 Jun 2017
Daniel Hoechle, Stefan Ruenzi, Nic Schaub and Markus Schmid
FHNW School of Business - Institute for Finance, University of Mannheim - Department of International Finance, WHU - Otto Beisheim School of Management and University of St. Gallen - Swiss Institute of Banking and Finance
Downloads 588 (97,757)
Citation 14

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financial advice, individual investors, trade performance, behavioral biases

Does Unobservable Heterogeneity Matter for Portfolio-Based Asset Pricing Tests?

Paris December 2018 Finance Meeting EUROFIDAI - AFFI
Number of pages: 156 Posted: 04 Jun 2018 Last Revised: 12 Sep 2024
Daniel Hoechle, Markus Schmid and Heinz Zimmermann
FHNW School of Business - Institute for Finance, University of St. Gallen - Swiss Institute of Banking and Finance and University of Basel - Faculty of Business and Economics
Downloads 249 (255,920)
Citation 1

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: Portfolio sorts, Cross-section of expected returns, Tests of asset pricing models, Random effects assumption

Generalized Portfolio Sorts for Factor Validation

Swiss Finance Institute Research Paper Forthcoming
Number of pages: 64 Posted: 09 Apr 2020 Last Revised: 20 Mar 2025
Markus Schmid, Daniel Hoechle and Heinz Zimmermann
University of St. Gallen - Swiss Institute of Banking and Finance, FHNW School of Business - Institute for Finance and University of Basel - Faculty of Business and Economics
Downloads 236 (269,851)
Citation 1

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Portfolio sorts, cross-section of expected returns, tests of asset pricing models, random effects assumption

5.

The Long-Term Performance of IPOs Revisited

Number of pages: 82 Posted: 10 Mar 2017 Last Revised: 27 May 2021
Daniel Hoechle, Larissa Karthaus and Markus Schmid
FHNW School of Business - Institute for Finance, University of St. Gallen - Swiss Institute of Banking and Finance and University of St. Gallen - Swiss Institute of Banking and Finance
Downloads 437 (140,463)
Citation 1

Abstract:

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IPO underperformance, long-term performance evaluation, time horizon, survivorship analysis, life expectancy

6.

Firm-specific versus systematic momentum

Number of pages: 15 Posted: 17 Dec 2024
Markus Schmid, Frank Graef and Daniel Hoechle
University of St. Gallen - Swiss Institute of Banking and Finance, University of St. Gallen and FHNW School of Business - Institute for Finance
Downloads 392 (159,500)

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Factor momentum, Firm-specific momentum, Factor timing

7.

Time Stamp Errors and the Stock Price Reaction to Analyst Recommendation and Forecast Revisions

Number of pages: 51 Posted: 23 Apr 2016
Daniel Hoechle, Nic Schaub and Markus Schmid
FHNW School of Business - Institute for Finance, WHU - Otto Beisheim School of Management and University of St. Gallen - Swiss Institute of Banking and Finance
Downloads 361 (174,291)
Citation 9

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time stamp errors, IBES database, analyst recommendations, analyst forecasts, stock price reaction, pre-announcement effect

8.

Financial Advice and Retirement Savings

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2024
Number of pages: 72 Posted: 30 Jan 2023 Last Revised: 14 Nov 2024
Daniel Hoechle, Stefan Ruenzi, Nic Schaub and Markus Schmid
FHNW School of Business - Institute for Finance, University of Mannheim - Department of International Finance, WHU - Otto Beisheim School of Management and University of St. Gallen - Swiss Institute of Banking and Finance
Downloads 265 (244,602)
Citation 1

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financial advice, retirement savings, voluntary pension contributions, tax-exempt retirement accounts

9.

How do Retail Investors Adapt to Exchange Rate Shocks?

Swiss Finance Institute Research Paper No. 108
Number of pages: 62 Posted: 12 Dec 2024 Last Revised: 13 Jan 2025
Swiss National Bank - Study Center Gerzensee, FHNW School of Business - Institute for Finance, affiliation not provided to SSRN and University of St. Gallen - Swiss Institute of Banking and Finance
Downloads 239 (268,010)

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Household finance, Monetary policy, Financial stability, Exchange rates, Interest rates