Buscar
Itens para a visualização no momento 1-10 of 866
Information design and capital formation
(Academic Press Inc., 2018)
Could a firm benefit from not disclosing all of its private information before its stock is traded in public financial markets? So long as the investors' marginal utility function is convex and the investors differ only ...
Price and in-store promotions in an emerging market
(Emerald Group Publishing Ltd., 2018)
Purpose: The purpose of this paper is to evaluate the influence of price and products on the promotion (through in-store temporary displays) on consumer sales in an emerging market context (i.e. Brazil) in different regions ...
Financial market structures revealed by pricing rules: Efficient complete markets are prevalent
(Academic Press Inc., 2018)
It is well known that when an arbitrage-free financial market is incomplete or has tradable financial assets with frictions there must be multiple risk-neutral probability measures. The main motivation for the present study ...
Unveiling barriers to sustainable public procurement in emerging economies: Evidence from a leading sustainable supply chain initiative in Latin America
(Elsevier B.V., 2018)
In light of the Theory of Ecological Modernisation, this is the first work to explore the organisational barriers affecting one of the most significant sustainable public procurement initiatives in Latin America: the ...
The role of the board in voluntary disclosure
(Emerald Group Publishing Ltd., 2018)
Purpose: Since 2012, the Brazilian Stock Exchange has recommended that listed companies inform them if they have conducted voluntary disclosure. The purpose of this study is to describe the voluntary disclosure by companies ...
Information, market incentives, and student performance: Evidence from a regression discontinuity design in Brazil
(University of Wisconsin Press, 2018)
We use a discontinuity on the test score disclosure rule for the National Secondary Education Examination in Brazil to test whether test score disclosure affects student performance in public and private schools. We find ...
Autonomous bureaucrats in independent bureaucracies? Loyalty perceptions within supreme audit institutions
(Taylor and Francis Ltd., 2018)
The independence of Supreme Audit Institutions (SAIs) is essential to their effectiveness, yet the actual autonomy of SAIs auditors can be questioned. To whom do SAI officials owe their loyalty? To what extent are their ...
The crossing of physical boundaries: de-materialization and the move towards de-collecting
(Routledge, 2018)
The tension between materiality and liquidity in society provides a promising opportunity to elucidate how de-materialization influences the iconic transfer of meaning from a singularized physical object into alternative ...
Determinants of intention to participate in corporate BYOD-programs: the case of digital natives
(Springer New York LLC, 2018)
Corporations continue to see a growing demand for Bring-Your-Own-Device (BYOD) programs which allow employees to use their own computing devices for business purposes. This study analyses the demand of digital natives for ...
Heston stochastic vol-of-vol model for joint calibration of VIX and S&P 500 options
(Routledge, 2018)
A parsimonious generalization of the Heston model is proposed where the volatility-of-volatility is assumed to be stochastic. We follow the perturbation technique of Fouque et al [Multiscale Stochastic Volatility for Equity, ...
