{"title":"Research In Finance","description":"\u003cp\u003eDelve into cutting-edge financial research with this essential series. Explore diverse topics, from investment strategies to market analysis, perfect for academics and professionals seeking deeper insights into the world of finance.\u003c\/p\u003e","products":[{"product_id":"spread-of-financial-sophistication-through-emerging-markets-worldwide-book-john-w-kensinger-9781786351562","title":"The Spread of Financial Sophistication Through Emerging Markets Worldwide","description":"The broad theme of Volume 32 of Research in Finance is “The Spread of Financial Sophistication Through Emerging Markets Worldwide.” Contributions assess the spread of Initial Public Offerings, the use of derivatives to provide stability, corporate governance in emerging markets, and the privatization of the Russian economy. 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We have a study of corporate governance and firm performance for companies listed on the Indian Exchange, plus an ex-dividend analysis of emerging country stocks listed on the Dhaka Stock Exchange (DSE), where the tax rate is higher on dividends than on capital gains. Further analysis of dividend policy includes a study of how executives manage dividend growth in companies included in the Dow Jones Industrial Average and the NASDAQ Index (with data from 1989 into 2011).  Also on the global stage we have analysis of systemic risk and financial contagion in Morocco. Then we also have an analysis of hedge fund performance. We also have analysis of share price response to operating cash flow in corporate bankruptcies.  In the quantitative arena we have an application of the IZO Model (using a principal component approach), and improved empirical estimation of option volatility.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49736179351825,"sku":"NGR9781784419561","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52481482129681,"sku":"NLS9781784419561","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1784419567.jpg?v=1750962775"},{"product_id":"global-tensions-in-financial-markets-book-john-w-kensinger-9781787148406","title":"Global Tensions in Financial Markets","description":"Research in Finance seeks to provide a collection of quality research articles that reflect the current and primary issues in financial markets. Contributions include finance theory and financial practice, plus accounting issues such as reporting derivatives positions, reflecting intangible holdings, or predicting financial distress.   The volume starts with empirical investigations of the impact from macroeconomic variables upon equity values in emerging economies compared with developed economies. Next is an empirical affirmation of the efficiency of the Midcontinent Independent System Operator (MISO) electricity exchange.  Next we find several investigations into the efficacy of efforts to stimulate the arousal of emerging nations around the world.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49736690827537,"sku":"NGR9781787148406","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52691993166097,"sku":"NLS9781787148406","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1787148408.jpg?v=1750801684"},{"product_id":"contemporary-issues-in-financial-economics-book-rita-biswas-9781801178396","title":"Contemporary Issues in Financial Economics","description":"Volume 37 of Research in Finance, Contemporary Issues in Financial Economics, presents an extensive collection of chapters that combine real world studies and theories of finance to investigate a variety of topics. From corporate board gender diversity in India and the impact of labor rights on equity market returns globally, to environmental banking issues such as how green is green banking and whether country level and firm level governance quality influences bank sustainability performance, the authors address emerging and impactful concerns in the world of finance.   Research in Finance provides a collection of quality research articles that reflect the current and primary issues in financial markets. Contributions include finance theory and financial practice, plus accounting issues such as reporting derivatives positions, reflecting intangible holdings, or predicting financial distress.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49744138731793,"sku":"NGR9781801178396","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51053796753681,"sku":"NIN9781801178396","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52431331885329,"sku":"NLS9781801178396","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1801178399.jpg?v=1751217171"},{"product_id":"research-in-finance-book-john-w-kensinger-9781849507264","title":"Research in Finance","description":"For the last twenty years \"The Research in Finance Book Series\" has been publishing papers that cover issues of significance and interest in finance and economics. The topics found in the series span a wide range and have made substantial contributions to the literature with articles from key figures in the world of finance. Volume 26, \"Coping with Systemic Risk\", is no exception and provides a valuable addition to the current research of finance in this area. The lead chapter sets the theme by giving insight into economic systems as packages containing multiple real options where the rational exercise of these options then shapes the outcomes from the system. Remaining chapters explore the use of commodities like oil as a means of improving the diversification of portfolios containing equities, reliability tests for traditional accounting measures to predict the onset of financial distress, the behavior of metal prices such as aluminium and steel, and other issues relevant for a better-diversified investor. Key reading for academics and practitioners alike, its audience will range from financial economists and accountants in academia to executives with financial duties.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51098290225425,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51098291863825,"sku":"NIN9781849507264","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52662656303377,"sku":"NLS9781849507264","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1849507260.jpg?v=1750996007"},{"product_id":"research-in-finance-book-andrew-h-chen-9780762310739","title":"Research in Finance","description":"Eleven papers in this volume present some current interesting and important research in finance. 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Also in this volume, Lin et al. use the Granger causality test to examine the linkage between the euro exchange rate and the money supply and GDP in the euro community, as well as its impact on the UK exchange rate and the London stock exchange market index. In their paper, Kane and Muzere extend the Diamond-Dybvig model of bank runs to an open market economy and show that adding the central banks and the IMF, guarantees will reduce, but not eliminate the banking as well as currency crises. The paper by Chung et al. empirically shows the presence of a long memory, property in currency, future markets, and discusses its hedging implications. In their paper, Lee, Lee and Yu develop a valuation model for the pension benefit guarantees that incorporates the plan termination conditions as well as a stochastic interest rate. In a case study, Hung et al. empirically show that the specially designed dividends (SDD) have positive signals in the Taiwan Stock Exchange. Finally, in their paper, Guerard and Mark show that the use of an R\u0026amp;D quadratic term enhances the mean-variance efficient portfolios and stockholder returns.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51198663721233,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51198666047761,"sku":"NIN9780762310739","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52662772957457,"sku":"NLS9780762310739","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0762310731.jpg?v=1751075630"},{"product_id":"research-in-finance-book-andrew-h-chen-9780762305650","title":"Research in Finance","description":"This is the 17th volume in a series examining research in finance.","brand":"WoB","offers":[{"title":"US \/ NEW \/ INGRAM","offer_id":51211949244689,"sku":"NIN9780762305650","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0762305657.jpg?v=1751169121"},{"product_id":"research-in-finance-book-john-w-kensinger-9781780527529","title":"Research in Finance","description":"The theme of this volume is 'Recovering from Financial Crisis'. The lead chapter sets the theme by giving insight into the recent surge in going-private transactions (and the corresponding reduction of Initial Public Offerings). The author develops evidence (reaching back 25 years) that going-private transactions tend to be inversely related with the return on diversified equity portfolios, suggesting that the recent upswing in going-private transactions in the United States is not simply the result of the Sarbanes - Oxley Act of 2002. The second chapter offers insights into the recent round of hedge fund failures. Then, the third chapter offers new insights into some of the more controversial aspects of private equity arrangements - when private equity arrangements are expressed as real options, the actions of the managing partners are more readily understandable. The fourth chapter offers insights into why commodity producers (such as oil companies) choose not to hedge, so that their stock can offer shareholders the opportunity to gain valuable diversification benefits using the stock as a pure play in the commodity. Remaining chapters offer further insights into recent trends in IPO activity, lease versus purchase decisions, agency costs, project risk, and emerging markets.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52122741276945,"sku":"NLS9781780527529","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781780527529.jpg?v=1757442575"},{"product_id":"research-in-finance-book-andrew-h-chen-9780762311613","title":"Research in Finance","description":"A total of eleven papers in this volume represent recent research on important topics in finance. 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Charaput and Chang find that the usage of installment receipts enhances liquidity in Canadian secondary equity offerings. The contributions to this volume also examine important issues in international finance and financial institutions. Brailsford, et al use a VECM technique to examine Purchasing Power Parity and causality between the yen and the dollar. Sarmas studies the impact of Hong Kong's fixed exchange rate system and Singapore's floating exchange rate system on the correlation between the US and the two respective countries' stock markets. Povel develops a theoretical model to explain multiple banking as a commitment device. Baer, et al develop a model and empirically examine how the creation of a futures clearinghouse can reduce the need for margin in bilateral and multilateral settings. Roberts and Siddiqi provide an empirical analysis of the link between collateralization and the number of lenders in private debt contracts. Finally, Tripp et al empirically examine the relative efficiency of single versus multiple common bond credit unions.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52129739145489,"sku":"NLS9780762311613","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780762311613.jpg?v=1757497528"},{"product_id":"research-in-finance-book-john-w-kensinger-9781781907580","title":"Research in Finance","description":"The theme of Research in Finance vol. 29 is Dealing with Crisis and Regulation. The first chapter looks for solutions to the European financial crisis, and the second provides a study of audit qualifications for accounting firms in Spain using advanced empirical methods. The next chapters are more international in focus, with topics including: business strategies for competition in Mexico; anomalies in the real return on corporate equity compared to real assets; the stabilizing influence of commodity futures trading in oil and gold. The following chapters explore the unintended consequences and burdens of regulations, for example the Sarbanes-Oxley Act of 2002, and other more deeply underlying factors in the financial markets. The regulatory examination then shifts to the electric power grid, and some unintended consequences of the new regulations requiring retail utilities to buy all the power produced by wind and solar generators linked to their grid.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52134505775377,"sku":"NLS9781781907580","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781781907580.jpg?v=1757542473"},{"product_id":"research-in-finance-book-john-w-kensinger-9780857245410","title":"Research in Finance","description":"The theme of this volume is 'Recovering from Financial Crisis'. The lead chapter sets the theme by giving insight into the recent surge in going-private transactions (and the corresponding reduction of Initial Public Offerings). 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Remaining chapters offer further insights into recent trends in IPO activity, lease versus purchase decisions, agency costs, project risk, and emerging markets.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52134692290833,"sku":"NLS9780857245410","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780857245410.jpg?v=1757544562"},{"product_id":"research-in-finance-book-andrew-h-chen-9780762313778","title":"Research in Finance","description":"This volume contains contributions on a range of important issues in current research in finance and economics. Topics include the IPO underwriting spreads, the moral hazard problems in bank regulation as well as in the cost of deposit insurance, the loan yield spreads, and the aggregate bank performance at the state-level. The topics in global investments such as diversification benefits, overreaction and seasonality among international stock markets are also included in this volume. The contributions to this volume also address the appropriate asset allocation of hedge funds, the effects of partial hedging in incentive stocks and options, the relation between board size and firm performance, the impact of higher oil prices on stock market returns, and the futures hedging effectiveness with alternative settlement specifications in the contracts. This volume contains articles contributed by leading experts in finance and economics. 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More specifically, it presents papers on the role of board characteristics and sub-committees on firm performance, the impact of US quantitative easing on countries like India and China, public-private partnerships in infrastructure projects in India, and multinational banking evolution in Nigeria and India. In order to advance the field of international economics and finance, it is necessary to question conventional practice and research approach. Incorporating analysis of classical theories of international finance and economics, the papers in this volume present new innovative theories that seek to do just that. 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