International Journal of Business

Articles from Vol. 13, No. 4, Fall

An Empirical Examination of International Diversification Benefits in Central European Emerging Equity Markets
ABSTRACT The objective of this paper is to examine the short and long-term relationships between the seven developed equity markets of United-States, Canada, United-Kingdom, France, Germany, Italy, Japan and three Central European emerging equity...
Firm's Value under Investment Irreversibility, Stochastic Demand and General Production Function
ABSTRACT As mentioned in Pindyck (1988), since most investment expenditures are irreversible, investors can decide to allocate their amounts until the full value of an incremental unit of capacity equals its full cost. The investment process includes...
How to Price Efficiently European Options in Some Geometric Levy Processes Models?
ABSTRACT This paper presents the implementation to the class of jump diffusion models of the approach used by Boyarchenko and Levendorskii (2002) in the case of exponential Levy models. We show that this approach is more computationally efficient...
Internet Payment and Banks
ABSTRACT In the context of the development of e-commerce on the Internet, a lot of electronic payment systems have been set up in order to secure online payments. To understand the success of Internet payment systems it is necessary to analyse the...
Merton H. Miller: Our Socrates
ABSTRACT Myron Scholes called Merton H. Miller our Socrates. He was right. Miller (1923-2000) created the leading breakthroughs of Corporate Finance Economics over the last forty-plus years. The legendary Modigliani-Miller theorems of leverage and...
The Sensitivity of the Asymptotic Variance of Performance Measures with Respect to Skewness and Kurtosis
ABSTRACT Performance measures such as the Sharpe ratio and the information ratio are estimation subject to estimation error. Lo (2002) derives the explicit expressions for the statistical distribution of the Sharpe ratio. Bertrand and Protopopescu...
Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.