Managerial Finance: Volume 41 Issue 12

Keeping up with the Joneses: cross-listing spillover effects

Min-Yu (Stella) Liao, Stephen Ferris

When a foreign firm cross-lists on an exchange in the US, it signals stronger investor protection. This is because cross-listing firms must comply with SEC and exchange…

Information uncertainties and asset pricing puzzles: risk or mispricing?

Keming Li, Mohammad Riaz Uddin, J. David Diltz

Prior research has documented the role of information uncertainty in the cross-sectional variation in stock returns. Miller (1977) hypothesizes that if information uncertainty is…

Stock characteristics, trading behavior, and psychological pitfalls

Chih-Hsiang Chang, Hsu-Huei Huang, Ying-Chih Chang, Tsai-Yin Lin

– The purpose of this paper is to investigate how stock characteristics influence investor trading behavior and psychological pitfalls.

Income diversification and bank efficiency in an emerging market

Abdul Latif Alhassan

– The purpose of this paper is to explore the non-linear relationship between income diversification and efficiency of Ghanaian banks within the universal banking era.

Country selection strategies based on quality

Adam Zaremba

The purpose of this paper is to examine country-level parallels of the stock-level anomalies related to quality, i.e. profitability, leverage, liquidity, accruals, payout and…

Implied volatility smirk and future stock returns: evidence from the German market

Di Mo, Neda Todorova, Rakesh Gupta

The purpose of this paper is to investigate the relationship between option’s implied volatility smirk (IVS) and excess returns in the Germany’s leading stock index…