Die folgenden Links führen aus den jeweiligen lokalen Bibliotheken zum Volltext:
Alternativ können Sie versuchen, selbst über Ihren lokalen Bibliothekskatalog auf das gewünschte Dokument zuzugreifen.
Bei Zugriffsproblemen kontaktieren Sie uns gern.
556 Ergebnisse
Sortierung:
SSRN
Working paper
SSRN
In: Journal of Finance, Forthcoming
SSRN
Working paper
SSRN
Working paper
In: Contemporary Accounting Research, Forthcoming
SSRN
SSRN
Working paper
In: CEPR Discussion Paper No. DP15028
SSRN
Working paper
In: Accounting & Finance, Band 59, Heft 4, S. 2455-2478
SSRN
SSRN
Working paper
SSRN
In: Bank of England Working Paper No. 871
SSRN
Working paper
SSRN
Working paper
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association
ISSN: 1475-6803
AbstractUsing daily equity transactions, we create a hedge fund informed trading measure (ITM) that separates concentrated information‐related trades from liquidity‐driven basket trades. We find that stocks with higher ITM are associated with higher future stock performance. The long–short portfolio delivers 4% annual alpha after controlling for size, value, momentum, and illiquidity factors. We attribute informed trading to hedge funds' ability to identify and correct stock underpricing. The results are robust to several ways of constructing and sorting the measure, and we do not find a return reversal in four quarters, indicating that the measure is information related.
SSRN
In: NBER Working Paper No. w24297
SSRN