History matters: How short-term price charts hurt investment performance

Does socially Responsible investing HuRt investment RetuRns?

A common concern about socially responsible investing (SRI) is that there is a premium to be paid for being socially responsible that necessarily diminishes investment returns. A comprehensive review of the empirical literature questions this premise. At RBC Global Asset Management, we monitor a broad range of financial trends and issues that may influence our clients’ decision-making. Periodic...

Short - Term Investment and Equilibrium Multiplicity . ∗

I study the effects of the heterogeneity of traders’ horizons in a 2-period NREE model where all traders are risk averse. Owing to risk premia, short termism generates multiple equilibria. In particular two distinct patterns arise. Along the “low trading intensity equilibrium,” short termists anticipate a thinner second period market and, owing to risk aversion, scale back their trades. This re...

Naïve Cartography: How Intuitions about Display Configuration Can Hurt Performance

How employee engagement matters for hospital performance.

Managers increasingly understand that employee engagement is a prerequisite for high performance. This article examines how job, work environment, management and organizational factors influence levels of engagement among healthcare employees. Original data come from the Ontario Hospital Association-NRC Picker Employee Experience Survey, involving over 10,000 employees in 16 Ontario hospitals. ...

History matters

Many years ago, two British humorists wrote (facetiously, but not altogether inaccurately) that " History is not what you thought. It is what you can remember. All other history defeats itself " [1]. It is a dilemma that all of us—librarians, archivists, informationists, whatever—have all faced: what do we need to remember, and for how long. When does today become " History, " with a capital H?...