Cross country studies in empirical finance - A literature review
- Type:
- Bachelor Thesis Business Administration
- Status:
- completed
- Tutor:
- Patrick Schwarz, M.Sc.
- Examiner:
Abstract
- Kenntnisse: Grundlagen der Statistik; Ökonometrie; grundsätzliches Verständnis vom Asset Pricing
- Ziel: Es soll in einer systematischen Literaturarbeit untersucht werden, welche unterschiedlichen Ansätze (empirische Ansätze und Variabeln) es in der Finanzliteratur gibt, um Länderunterschiede in Bezug auf empirische Befunde (z.B. Momentum Anomalie) zu untersuchen.
Einführungsliteratur:
- Watanabe, Akiko/Xu, Yan/Yao, Tong/Yu, Tong (2013): The asset growth effect: Insights from international equity markets, in: Journal of Financial Economics, 108. Jg., Nr. 2, S. 529–563.
- Eisdorfer, Assaf/Goyal, Amit/Zhdanov, Alexei (2018): Distress Anomaly and Shareholder Risk: International Evidence, in: Financial Management, Vol. 47, No. 3, p. 553–581.
- Bae, Kee-Hong/Stulz, René M./Tan, Hongping (2008): Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts, in: Journal of Financial Economics, Vol. 88, No. 3, p. 581–606.
- Chui, Andy C.W./Titman, Sheridan/Wei, K. Johnc. (2010): Individualism and Momentum around the World, in: Journal of Finance, Vol. 65, No. 1, p. 361–392.
- Gao, Pengjie/Parsons, Christopher A./Shen, Jianfeng (2018): Global Relation between Financial Distress and Equity Returns, in: Rev. Financ. Stud., Vol. 31, No. 1, p. 239–277.
- Hsu, Po-Hsuan/Tian, Xuan/Xu, Yan (2014): Financial development and innovation: Cross-country evidence, in: Journal of Financial Economics, Vol. 112, No. 1, p. 116–135.