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Corporate Finance
Should investors join the index revolution?
Over the past 15 years, passive investing has seen 1.5 trillion dollars of fund inflows while active investing has seen…
Company Voluntary Arrangements: Evaluating Success and Failure
Peter Walton considers the reasons for the ‘success’ or ‘failure’ of company voluntary arrangements (“CVAs”) and to investigate…
The Internal and External Governance of Blockchain-Based Organizations
Ying-Ying Hsieh discusses the governance of blockchain organizations and empirically explore the phenomenon using panel data on cryptocurrencies. Publication
Bitcoin and the Rise of Decentralized Autonomous Organizations
Bitcoin represents the first real-world implementation of a “decentralized autonomous organization” (DAO) and offers a new paradigm for…
The herding behavior of pension funds
David Blake discusses evidence that pension funds display strong herding behavior, and tend to herd in subgroups defined by fund…
Longevity: A New Asset Class
A little over a decade ago, a new asset class emerged, one linked to longevity risk, i.e., unanticipated…
Issues in Pension Funding
David Blake describes how pension funds work in order to highlight their impact on the economy as a…
Distortions in analyst forecasts in the presence of short-term investors
Pawel Bilinksi discusses why analysts cater to short – term investors by issuing optimistic target prices. Catering dominates…
Do Clean Energy Infrastructure Shares Make Financial Sense?
Despite supportive government policies and rapid technological improvements, the participation of institutional investors in the clean energy sector…
How can climate investing be relevant to the mainstream?
Charles Donovan is Director of the Centre for Climate Finance and Investment at Imperial College Business School and…
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