Do Asian investors rebalance their portfolios and what are the consequences?
نویسندگان
چکیده
منابع مشابه
Do Firms Rebalance Their Capital Structures?
We empirically examine whether firms engage in a dynamic rebalancing of their capital structures while allowing for costly adjustment. We begin by showing that the presence of adjustment costs has significant implications for corporate financial policy and the interpretation of previous empirical results. After confirming that financing behavior is consistent with the presence of adjustment cos...
متن کاملDo Firms Rebalance their Capital Structure?
We empirically examine the trade-off theory of capital structure, allowing for infrequent adjustment. After showing that the behavior of financing decisions (security issuances and retirements) is consistent with direct evidence on external financing costs, we use a dynamic duration model to show that firms behave as though adhering to a dynamic trade-off policy in which they actively rebalance...
متن کاملI-16: Assisted Reproduction and Multiple Gestation: What Are The Psychological Consequences
To describe the social and historical impact of ART on multiple gestations and to discuss psychological issues unique to these families. At the time of the birth of the Dionne quintuplets in 1934, only 33 cases of quintuplets had been reported in the literature and none of the quintuplets survived more than 50 days. Spontaneous higher order multiple gestation is still rare but the number of iat...
متن کاملin translation: translators on their work and what it means
کتاب در باب ترجمه، اثر استر آلن و سوزان برنوفسکی منتشر شده در ماه می 2013 توسط نشریه کلمبیا است. نویسندگان در این کتاب به بررسی 18 مترجم با در نظر گرفتن نقش آثاری که این مترجمان ترجمه کرده اند میپردازند. کتاب به دو بخش تقسیم میشود: " مترجم در جهان" و " کار مترجم" این دو بخش مقالات همیشگی ترجمه و موقعیت خاص ادبیات بیگانه در جهان وسیع امروزی را مورد خطاب قرار میدهد. در این کتاب مقالات متعددی از ن...
Are Investors Reluctant to Realize Their Losses?
I test the disposition effect, the tendency of investors to hold losing investments too long and sell winning investments too soon, by analyzing trading records for 10,000 accounts at a large discount brokerage house. These investors demonstrate a strong preference for realizing winners rather than losers. Their behavior does not appear to be motivated by a desire to rebalance portfolios, or to...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Asian Economics
سال: 2007
ISSN: 1049-0078
DOI: 10.1016/j.asieco.2006.12.008