Outputs (611)

Momentum and the Cross-section of Stock Volatility (2022)
Journal Article
Fan, M., Kearney, F., Li, Y., & Liu, J. (2022). Momentum and the Cross-section of Stock Volatility. Journal of Economic Dynamics and Control, 144, Article 104524. https://doi.org/10.1016/j.jedc.2022.104524

Recent literature shows that momentum strategies exhibit significant downside risks over certain periods, called “momentum crashes”. We find that high uncertainty of momentum strategy returns is sourced from the cross-sectional volatility of individu... Read More about Momentum and the Cross-section of Stock Volatility.

Why do small businesses have difficulty in accessing bank financing? (2022)
Journal Article
Harrison, R., Li, Y., Vigne, S. A., & Wu, Y. (2022). Why do small businesses have difficulty in accessing bank financing?. International review of financial analysis, 84, Article 102352. https://doi.org/10.1016/j.irfa.2022.102352

This study investigates bank financing to small and medium-size enterprises (SMEs) and evaluates whether the difficulties of SMEs in accessing bank financing during a period of financial crisis are due to a reduction in the supply of credit, or to a... Read More about Why do small businesses have difficulty in accessing bank financing?.

Aggregate Investor Attention and Bitcoin Return: The Long Short-term Memory Networks Perspective (2022)
Journal Article
Wang, C., Shen, D., & Li, Y. (2022). Aggregate Investor Attention and Bitcoin Return: The Long Short-term Memory Networks Perspective. Finance research letters, 49, Article 103143. https://doi.org/10.1016/j.frl.2022.103143

Investor attention is a scarce cognitive resource which affects investment decisions, and recent studies suggest that investor attention also have impacts on asset prices. Although Bitcoin is found to be one of the most unpredictable cryptocurrencies... Read More about Aggregate Investor Attention and Bitcoin Return: The Long Short-term Memory Networks Perspective.

Dominant Algorithms to Evaluate Artificial Intelligence: From the View of Throughput Model (2022)
Book
Rodgers, W. (2022). Dominant Algorithms to Evaluate Artificial Intelligence: From the View of Throughput Model. Bentham Science Publishers. https://doi.org/10.2174/97898150495411220101

This book describes the Throughput Model methodology that can enable individuals and organizations to better identify, understand, and use algorithms to solve daily problems. The Throughput Model is a progressive model intended to advance the artific... Read More about Dominant Algorithms to Evaluate Artificial Intelligence: From the View of Throughput Model.

A reexamination of factor momentum: How strong is it? (2022)
Journal Article
Fan, M., Li, Y., Liao, M., & Liu, J. (2022). A reexamination of factor momentum: How strong is it?. Financial Review, 57(3), 585-615. https://doi.org/10.1111/fire.12300

Recent studies show that most financial market anomalies exhibit a momentum effect. Based on two datasets, (i) an original 22-factor sample and (ii) a more comprehensive 187-factor sample, we find that factor momentum effect is weak at the individual... Read More about A reexamination of factor momentum: How strong is it?.

Trade, Human Capital and Economic Growth in BRICS and EU Economies (2022)
Journal Article
Negem, S. H., & Bhattarai, K. (in press). Trade, Human Capital and Economic Growth in BRICS and EU Economies. Journal of Development Economics and Finance, 3(1), 21-46

This paper examines the impact of both trade and human capital on economic growth of the European Union and BRICS. Over the period 2010-2020, the estimated model is based on endogenous growth theory. Our theoretical model is estimated for the EU and... Read More about Trade, Human Capital and Economic Growth in BRICS and EU Economies.

The moderating effects of CEO power and personal traits on say-on-pay effectiveness: Insights from the Anglo-Saxon economies (2022)
Journal Article
Joura, E., Xiao, Q., & Ullah, S. (2022). The moderating effects of CEO power and personal traits on say-on-pay effectiveness: Insights from the Anglo-Saxon economies. International journal of finance & economics : IJFE, https://doi.org/10.1002/ijfe.2636

This study investigates the efficacy of say-on-pay (SOP) regulation in mitigating excessive CEO compensation and how it is affected by CEO personal traits and the power distribution inside a corporation. Using IV-GMM method and a sample of 1,931 firm... Read More about The moderating effects of CEO power and personal traits on say-on-pay effectiveness: Insights from the Anglo-Saxon economies.

Do political connections reduce earnings management? (2022)
Journal Article
Khalil, M., Harianto, S., & Guney, Y. (2022). Do political connections reduce earnings management?. Review of Quantitative Finance and Accounting, https://doi.org/10.1007/s11156-022-01062-y

This study examines whether political connections are associated with earnings management (both accrual-based and real) and whether the association is influenced by corporate governance and external auditing qualities. Empirical evidence on the assoc... Read More about Do political connections reduce earnings management?.

Convergence in labor productivity across provinces and production sectors in China (2022)
Journal Article
Bhattarai, K., & Qin, W. (2022). Convergence in labor productivity across provinces and production sectors in China. Journal of economic asymmetries, 25, Article e00247. https://doi.org/10.1016/j.jeca.2022.e00247

Empirical evidence is found for the β and σ convergence towards the steady states of labor productivity across provinces and production sectors in China based on estimates of static, dynamic and quintile panel data models. The pattern of convergences... Read More about Convergence in labor productivity across provinces and production sectors in China.

Green shoots: Emergent systemic leadership and critical systems practice (2022)
Book Chapter
Gregory, A. J., & Atkins, J. P. (2022). Green shoots: Emergent systemic leadership and critical systems practice. In A. Taylor (Ed.), Rethinking Leadership for a Green World (176-189). Routledge. https://doi.org/10.4324/9781003190820-10

Climate change is recognised by many to be the defining adaptive challenge of our time. Despite such recognition, the failure of many world leaders to comprehend the scale, scope (bringing a complex mix of environmental, economic and social dimension... Read More about Green shoots: Emergent systemic leadership and critical systems practice.