Browsing Tag
FINANCE
The Impact of Salience on Investor Behavior
Cary Frydman discusses whether the display of information causally affects investor behavior in a high‐stakes trading environment. Using investor‐level…
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…
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 unintended consequences of MifID II regulations
MiFID II was intended to create a more transparent, competitive and integrated financial market in the EU by…
Exploring the effects of the ‘bonus cap’ rule
Andreas Kokkinis explores the effects of the bonus cap rule on UK banks to assess its impact on incentives…
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…
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…