Does CEO Inside Debt Promote Corporate Innovation?
Publication date: Available online 15 November 2019Source: Finance Research LettersAuthor(s): Gemma LeeAbstractGiven the nature of innovation, optimal incentive schemes to motivate innovation should...
View ArticleGovernment Finance Officers Association (GFOA) Mini-Muni Conference Welcome...
Government Finance Officers Association (GFOA) Mini-Muni Conference Welcome Remarks by Chairman Jay Clayton
View ArticleSEC Awards Over $260,000 to Whistleblowers for Their Help in Spotting...
The Securities and Exchange Commission today announced an award to three individuals who jointly submitted a tip alerting the agency to a well-concealed fraud targeting retail investors. The...
View ArticleRelationship Trading in OTC Markets
ABSTRACT We examine the network of trading relationships between insurers and dealers in the overâtheâcounter corporate bond market. Regulatory data show that oneâthird of insurers use a single...
View ArticlePower increases cognitive functioning
Life is filled with distractions. Information floods in. Situations change. To successfully navigate these challenges, individuals need to use a set of fundamental mental processes known as executive...
View ArticleThe role of international climate finance initiatives
Financial institutions have a critical role in stepping up the actions against climate change. In Article 2 of the Paris Agreement, nations agree to scale up finance flows consistently, opening a...
View ArticleDynamically consistent alphamaxmin expected utility
Abstract The alphaâmaxmin model is a prominent example of preferences under Knightian uncertainty as it allows to distinguish ambiguity and ambiguity attitude. These preferences are dynamically...
View ArticleExistence of a calibrated regime switching local volatility model
Abstract By Gyöngy's theorem, a local and stochastic volatility model is calibrated to the market prices of all European call options with positive maturities and strikes if its local volatility (LV)...
View ArticleHow To Count Cards
An Homage & Walk-Through Of The Infamous Hi-Lo SystemContinue reading on Cantorâs Paradise »
View ArticleUniversity R&D Activities and Firm Innovations
Publication date: Available online 18 November 2019Source: Finance Research LettersAuthor(s): Xiaoying Li, Ying TanAbstractThis paper combines firm R&D activities with local university R&D...
View ArticleDemocratization Without Education
By Bill Kelly, CAIA Association CEO The American history buffs out there will know that we are just a few short weeks away from the 246th anniversary of the Boston Tea Party. Back in 1773, the British...
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