skip to navigation skip to content
Search
 

The CCFin blog

The pricing of foreign exchange and the unique role of US Dollar risk

by Brandon A. McBride, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Trading in over-the-counter foreign exchange…

Read more

Corporate social responsibility committee: international evidence

by Yuxia Zou, Winner of the Cambridge Finance Best Student Paper Award 2022, Research Associate, Cambridge Centre for Finance and Cambridge Endowment…

Read more

Portfolio selection, periodic evaluations and risk taking

by Dr Alex Tse, former Research Associate at Cambridge Endowment for Research in Finance and winner of the CERF Alumni Association (CERFAS)…

Read more

Resuscitating the London Stock Exchange

by Dr Bobby Reddy, Fellow, Cambridge Endowment for Research in Finance Whichever way you look at it, the London Stock Exchange is…

Read more

Gambling for redemption or ripoff?

by Dr Xinyu Hou, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance In the early days of…

Read more

The downside risk channel of monetary policy

by Niklas Schmitz, Winner of the Cambridge Finance Best Student Paper Award 2022, PhD Student, Faculty of Economics, University of Cambridge During…

Read more

Can members with heterogeneous preferences achieve their first-best within a group?

by Dr Shiqi Chen, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance One standard assumption of the…

Read more

Strategic voting and shareholder voting

by Professor Adam Meirowitz, Yale University and Dr Shaoting Pi, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in…

Read more

Institutional investor monitoring and earnings management: a network approach

by Dr Marwin Mönkemeyer, Visiting Associate at Cambridge Endowment for Research in Finance, University of Cambridge Judge Business School Ever since Berle…

Read more

Voting for socially responsible corporate policies

by Professor Adam Meirowitz, David Eccles School of Business, University of Utah, Dr Shaoting Pi, Research Associate, Cambridge Centre for Finance and…

Read more

Cross-country stock market comovement: a macro perspective

by Dr Elisa Faraglia, Cambridge Endowment for Research in Finance Fellow In the post WW2 period, the cross-country correlations between the stock…

Read more

How do climate risks affect trading behaviour?

by Andreas Charisiadis, Research Assistant, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Mitigating climate change has become one…

Read more

Dynamic group decision making of private firms

by Dr Shiqi Chen, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Unlike what is often assumed…

Read more

The gender gap in household bargaining power: a portfolio-choice approach

by Ran Gu, University of Essex, Cameron Peng, London School of Economics and Political Science and Weilong Zhang, Fellow, Cambridge Endowment for…

Read more

Voting and trading: the shareholder’s dilemma

by Professor Adam Meirowitz, University of Utah, and Dr Shaoting Pi, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research…

Read more

Climate change, discounting, and the tragedy of horizons

by Andreas Charisiadis, Research Assistant, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance This year's UN Climate Change Conference,…

Read more

Shareholder collaboration on corporate governance

by Dr Shaoting Pi, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Activist shareholders, who exert a…

Read more

Liquidation, bailout, and bail-in: insolvency resolution mechanisms and bank lending

by Professor Bart Lambrecht, Director of the Cambridge Centre for Finance and the Cambridge Endowment for Research in Finance Professor Bart Lambrecht…

Read more

What do capital structure models tell us about the payout policy?

by Dr Shiqi Chen, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance At the beginning of the…

Read more

Why do green stocks outperform?

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Green, or environmentally friendly, companies…

Read more

Corporate Darwinism

Only 19 of 1,513 UK companies survived 70 years after mandatory consolidated accounts in 1948, says natural selection-inspired study at Cambridge Judge…

Read more

Demand for information

by Dr Shiqi Chen, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Shiqi Chen We are entering…

Read more

Defining, detecting and measuring asset price bubbles

by Charlie Woodman, Research Assistant, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance One of the most frequently asked…

Read more

Climate finance

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance The risk of climate change…

Read more

Firms’ capital structure dynamics, market competition, and industry dynamics

by Shiqi Chen, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Debt-equity conflict is undoubtfully one of…

Read more

Do firm locations affect stock prices?

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance A large body of literature…

Read more

The rise of the special purpose acquisition company

by Dr Sunwoo Hwang, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance 2020 has been the year…

Read more

Welfare implications of bank valuation disagreement

by Dr Hormoz Ramian, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Regulatory interventions have always been…

Read more

Machine learning challenges in finance

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Mehrshad Motahari Machine learning…

Read more

Contingent employment and innovation

by Dr Sunwoo Hwang, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance There has been a rapid…

Read more

Negative interest rate: the interaction between monetary and financial regulatory policies

by Hormoz Ramian, Research Assistant, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance The negative interest rate has been…

Read more

Managerial commitment and long-term firm value

by Dr Adelphe Ekponon and Dr Scott Guernsey, Research Associates, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr…

Read more

Can robots beat the market?

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Mehrshad Motahari The growing…

Read more

Early coronavirus evidence on finance

Early-stage finance research exploring the impact of COVID-19 on important financial outcomes such as household spending and investor expectations, by Dr Scott…

Read more

Are cryptocurrencies priced in the cross-section? A portfolio approach

Dr Adelphe Ekponon Most papers, that study determinants of cryptocurrency prices, find no relation to existing market factors. In a work-in-progress, CCFin/CERF…

Read more

Artificial intelligence in asset management: hype or breakthrough?

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Mehrshad Motahari Artificial intelligence…

Read more

Understanding the cross-section of international equity markets

Dr Argyris Tsiaras A large literature in international finance has established the relevance of a wide array of frictions in financial investments…

Read more

The shareholder value of stakeholder orientation

by Dr Scott B. Guernsey, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Scott B. Guernsey…

Read more

Is debt financing by firms good for economic growth?

by Dr Adelphe Ekponon, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Adelphe Ekponon In addition…

Read more

Scholarship scheme at the Cambridge Endowment for Research in Finance

Applications are invited for doctoral funding for up to three years starting in October 2020 from the Cambridge Endowment for Research in…

Read more

Market gamblers to blame?

by Dr Mehrshad Motahari, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Mehrshad Motahari The Nobel…

Read more

Fintech disruption: is it good or bad for consumers?

Dr Scott B. Guernsey Financial technology ("fintech") is a rapidly growing industry that applies recent digital innovations and technology-enabled business model innovations…

Read more

Agency conflicts and costs of equity

The agency problem, in the context of separation in ownership (shareholders or the principals) and control (managers or the agents), is one…

Read more

What determines cryptocurrency’s expected return?

by Dr Hui (Frank) Xu, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Hui (Frank) Xu…

Read more

Shadow pills and visible value

Dr Scott B. Guernsey The "poison pill" (formally known as a "shareholder rights plan") has a long and contentious history in the…

Read more

Keeping secrets from creditors

Dr Scott B. Guernsey As described in the article "The Choice between Formal and Informal Intellectual Property: A Review", published in the…

Read more

Long-term economic outlook and equity prices

by Dr Adelphe Ekponon, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Dr Adelphe Ekponon The very…

Read more

Brexit: investor paranoia and the financing cost of firms

Financial markets faced a bumpy ride in 2018. The Financial Times report that global bond and equity markets shrank $5tn last year.…

Read more

Reinvesting market power for the betterment of shareholders

Dr Scott B. Guernsey On the supply side, highly competitive industries are generally characterised as having many firms and low barriers to…

Read more

Guaranteed bonuses in high finance: to reward or retain?

by Dr Scott B. Guernsey, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Public distaste for high…

Read more

Is diversification always good?

Probably every Fin 101 class teaches the principle of diversification: do not put all your eggs in one basket. Diversification allows investors…

Read more

Alternative finance (The Cambridge Judge Business Debate podcast series)

We've heard all the buzz phrases, ranging from 'peer-to-peer lending' to 'cryptocurrencies'. But behind the hype, what exactly is alternative finance, and…

Read more

Some recent developments in mathematical finance

by Dr Alex S.L. Tse, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance A few weeks ago…

Read more

How (in)efficient is the stock market?

by Dr Yuan Li, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance In 2013, the Nobel committee…

Read more

The granular effect of stock market concentration on market portfolio volatility

Dr Jisok Kang, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Ever since the Capital Asset Pricing…

Read more

Are analysts whose forecast revisions correlate less with prior stock price changes better information producers and monitors?

by Dr Yuan Li, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance Financial analysts are important information…

Read more

What caused the leverage cycle run-up to 2008 financial crisis?

by Dr Hui (Frank) Xu, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance The 2008 financial crisis…

Read more

Transaction costs, consumption and investment

by Dr Alex S.L. Tse, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance The theoretical modelling of…

Read more

Book-to-market ratio and inflexibility: the effect of unrecorded R&D capital

by Dr Yuan Li, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance R&D investment has been playing…

Read more

What causes the executive pay gap between public and private firms?

Jisok Kang, a CERF Research Associate at the Cambridge Centre for Finance (CCFin), and his coauthors, Kee-Hong Bae and Albert Tsang, investigate…

Read more

“Because everyone else was doing it.”

by Dr Hui (Frank) Xu, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance After the 2008 financial…

Read more

“Value & Profit”: new book by Geoffrey Whittington published August 2017

Cambridge University Press has recently published a new book by Geoffrey Whittington, Honorary Senior Research Associate at the Cambridge Centre for Finance…

Read more

What are bubbles?

Dr Qiusha Peng of the Cambridge Centre for Finance (CCFin) explains what bubbles mean to those in the financial world. Accompanying the…

Read more

Does anchoring impede investors’ interpretation of earnings news?

by Dr Yuan Li, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance In his best-selling book, Thinking,…

Read more

Our social interactions are informative of our investment decisions

When we are investing, we don't mindlessly copy our peers, according to new research carried out by Cambridge Centre for Finance (CCFin)…

Read more

Does the stock market benefit the economy?

A research project carried out by a Research Associate at the Cambridge Centre for Finance (CCFin), Jisok Kang, and his co-author, Kee-Hong…

Read more