Research in finance, Vol. 25:
Gespeichert in:
Bibliographische Detailangaben
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Bingley, U.K. Emerald 2009
Schriftenreihe:Research in finance vol. 25
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Online-Zugang:Volltext
Beschreibung:Introduction / Andrew H. Chen -- Financial safety nets : why do they keep expanding? / Edward J. Kane -- A positive analysis of bank failure resolution policies / Kamphol Panyagometh, Gordon S. Roberts -- Bank failure resolution policies and subordinated debt / Kamphol Panyagometh, Gordon S. Roberts -- Voluntary disclosure of real options : when and how it can be done / Andrew H. Chen, James A. Conover, John W. Kensinger -- Non-linear modelling of the relationship between price movements in the OECD housing markets and significant economic activities / T.J. O'Neill, J. Penm, R.D. Terrell -- Stock or options? An economical justification for using stocks as a compensation tool / Melanie Cao, Jason Wei -- The NUA benefit and optimal investment in company stock in 401(k) accounts / Mukesh Bajaj, Sumon Mazumdar, Vikram Nanda, Rahul Surana -- Identifying securities to buy : the heuristic ri / Manuel Tarrazo -- Arbitrage opportunities and efficiency of an option market at its initial stage : the case of KOSPI 200 options in Korea / Soku Byoun, Hun Young Park -- Hedging pressure and delivery risk explanations of futures risk premia / Charnwut Roongsangmanoon, Andrew H. Chen, Joseph Kang, Donald Lien -- Timing the value-at-risk hedge / Donald Lien -- The pricing of Asian options with default risk / Chueh-Yung Tsao, Chao-Ching Liu
This volume contains contributions on a range of important issues in current research in finance and economics. Topics include the design of a country's financial safety nets, the effective policies of acquiring failed banks in reducing moral hazard problems, the voluntary disclosure of real options by corporate managers, and the interrelationship between the housing and general economic activities. Some important topics such as the choice between stock and options as compensation vehicles in the presence of bankruptcy risk, the NUA tax benefits in asset allocation in the retirement accounts, the heuristic approach of using ri/stdi to select securities in forming efficient portfolio, and the arbitrage opportunity in index options at the initial stage are also included in this volume. Finally, the contributions to this volume also address some problems that include the explanations of risk premiums on futures contracts, the optimal hedging decision in futures markets, and the pricing of Asian options subject to credit risk
Beschreibung:1 Online-Ressource (x, 369 p.)
ISBN:9781848554474
1848554478

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