3 articles for “Idiosyncratic Risk”

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Review ArticleOpen accessIn the keywordsDoes Intellectual Capital Affect the Volatility of Returns? An Empirical Investigation on Italian Listed CompaniesBrett W. Cantrell, Daniela Coluccia, Stefano Fontana, Silvia SolimeneIn modern information economies, economic success increasingly depends on the ability to apply knowledge and to transform it into firm value. While intellectual capital plays a critical role in firm success, it is an intangible asset that is difficult to measure and that is unrecorded by the firm. Difficulties in measuring intellectual capital, as well as the dynamic nature of … …American Journal of Applied Sciences, Vol. 14, Issue 12 · 10 Jan 2018 · 8,520 accessesView PDF Cite

Research ArticleOpen accessIn the abstractDETERMINANTS OF COMMON FACTORS IN KOREAN BANKS’ CREDIT DEFAULT SWAP PREMIUMSSeungjun Lee, Jaewoon Koo, Youngsik KwakUsing the panel analysis of non-stationarity in idiosycratic and common component method, we decompose Credit Default Swap (CDS) premium data of 11Korean banks into common factors and idiosyncratic shocks. We find that the CDS premium of all 11 banks is mostly explained by one common factor. We also find that the common factor of the banks’ CDS premium is mainly … …American Journal of Economics and Business Administration, Vol. 6, Issue 3 · 8 Dec 2014 · 7,014 accessesView PDF Cite

Research ArticleOpen accessIn the abstractForecasting Financial Market Annual Performance Measures: Further Evidence+Edward J. Lusk, Michael Halperin, Atanas Tetikov, Niya StefanovaProblem statement: Forecasting is simple; producing accurate forecasts is the essential task. Experience suggests that financial managers often assume that because models used in forecasting are appropriate that they are effective. This study addresses this assumption. Effective is taken to mean forecasts where the Absolute Percentage Error (APE) is equal to or less than 10%. It has been reported that … …American Journal of Economics and Business Administration, Vol. 2, Issue 3 · 30 Sep 2010 · 7,526 accessesView PDF Cite