This paper examines factors influencing voluntary forecast disclosure by target companies, whether good/bad news forecasts are disclosed and the influence of forecasts on the outcome of hostile bids. Disclosure was ...
Cotter, John(Global Association of Risk Professionals, 2000)
Accurate forecasting of risk is the key to successful risk management techniques. Correct modelling of a variable's extreme values located at the distributional tails accounting for the fat-tail phenomena is paramount, and ...
Cotter, John(Statistical and Social Inquiry Society of Ireland, 2000)
How volatile is the euro currency? Given Ireland’s open economy status and its strong trading dependency on economies outside the euro area, understanding this question is vital. The paper analyses the volatility levels ...
The excess returns earned by takeover targets raises questions of efficiency in the market
for corporate control. Brown and Raymond and Samuelson and Rosenthal explain the target
share pricing process as a function of ...
Substantial differences between company book values and market values indicate the presence of assets not recognised and measured in company balance sheets. Intellectual capital assets account for a substantial proportion ...
Profit forecasts are rarely disclosed in the UK except in prospectuses, circulars and during takeover bids. There are few regulations governing the content of profit forecasts. Under stock exchange rules these forecasts ...
This paper examines voluntary disclosure of profit forecasts by bidding companies during takeovers. Disclosure is examined from two perspectives: (i) factors influencing disclosure and (ii) the influence of good news and ...
This study of Irish company investor relations material on the Internet was carried out in two parts. Firstly, Irish listed companies were surveyed for Web sites and investor relations material on the sites found was ...
The use of the Internet for financial reporting purposes by 109 Irish companies in 1998 is examined. The relationship between Internet disclosure and size, leverage, demand for corporate information and industry is analysed. ...
This study examines the distributional properties of futures prices for contracts traded on LIFFE. A filtering process is employed to remove day of the week and holiday effects, a maturity effect, moving average effects ...
This paper examines the extent to which a sample of 11 knowledge-based Irish listed companies is adopting methodologies for reporting of intellectual capital in their annual reports. Their market and book values were ...
Using daily price and volume data on 112 of the largest takeover targets in Australia
during the period from 1985 to 1993, we find that conditional price volatility declines after
the takeover announcement. This decline ...
Futures exchanges require a margin requirement that ensures their competitiveness and protects against default risk. This paper applies extreme value theory in computing unconditional optimal margin levels for a selection ...
Les syndicats pourraient être des agents de la démocratisation
de l'Union européenne pour deux raisons : primo, le syndicalisme a souvent joué
un rôle substantiel dans les processus de démocratisation nationale.
Secundo, ...
In Europa finden immer mehr Volksentscheide statt.
Diese Entwicklung wird im ersten Kapitel dieses Beitrages dokumentiert.
Anschließend werden die europäischen Erfahrungen mit direkter Demokratie
klassifiziert, verglichen ...