Managerial Finance: Volume 41 Issue 6

Debt seniority and mergers

Ronald Sverdlove

– The purpose of this paper is to show how corporate policy with respect to the seniority structure of debt changes after a merger.

The selection of popular trading strategies

Yi-Tsai Chung, Tung Liang Liao, Yi-Chein Chiang

The relative performance of five popular nonzero-investment strategies, including Size, book-to-market ratios, earnings-to-price (E/P) ratios, cash flow-to-price (CF/P) ratios and…

How important are early investment experiences on subsequent investment decisions? A laboratory experiment on asset allocation

Dimitra Papadovasilaki, Federico Guerrero, James Sundali, Gregory Stone

– The purpose of this paper is to examine the influence of early investment experiences on subsequent portfolio allocation decisions in a laboratory setting.

An assessment of the risk and return of residential real estate

Dale Domian, Rob Wolf, Hsiao-Fen Yang

The home is a substantial investment for most individual investors but the assessment of risk and return of residential real estate has not been well explored yet. The existing…

Is disposition related to momentum in Chinese market?

Liu Liu Kong, Min Bai, Peiming Wang

The purpose of this paper is to examine whether the framework of Prospect Theory and Mental Accounting proposed by Grinblatt and Han (2005) can be applied to analyzing the…

Finance and growth: new evidence from meta-analysis

Simplice A. Asongu

– The purpose of this paper is to bridge the gap between the pros and cons of a questionable finance-growth nexus.