News and insights from CCFin
Finance and accounting
Natural, social and financial capitals
Explore the impact of financial development on biodiversity loss in Italy and learn how social capital influences financial growth.
Finance and accounting
What is the impact of mergers and acquisitions (M&A) on talent reallocation?
By analysing a sample of 803 public M&A deals spanning over 3 decades, CERF research associate Luxi (Lucy) Wang studies the impact of M&As on innovative labours by examining inventors’ turnovers and productivity changes.
Finance and accounting
Enhancing real estate investment trust return forecasts via machine learning
Thies Lindenthal and Kahshin Leow cover the enhancing of real estate investment trust return forecasts by the use of machine learning.
Career and personal development
The quality of the relationship between employees and management
Sunwoo Hwang, an Assistant Professor of Finance at Korea University Business School, and Biwon Lee, a finance PhD candidate at W.P. Carey School of Business at Arizona State University, measure the quality of the relationship between employees and management and examine its causal effects on business outcomes such as profitability, labour productivity, and employee retention.
Governance, economics and policy
Was there a bubble for Remain on the night of the EU referendum?
Cambridge Endowment for Research in Finance (CERF) Research Associate, Tom Auld, explores whether markets were irrationally overconfident as results unfolded on the night of the UK’s Brexit referendum.
Research centre news
The effects of seasonality on corporate real decisions
CERF post-doctoral researcher Kevin Schneider studies the effect of seasonal output prices on a firm’s inventory and stock returns. He finds that seasonal inventory holdings help explain several stock return anomalies.
Research centre news
Why are star firms important in the market?
This blog post discusses the significant role of 'star firms' in the financial markets, a concept introduced by Gutiérrez and Philippon (2019). These firms are not only large in their sectors but also profoundly impact market dynamics in the US.
Research centre news
Trust matters: how social trust shapes international investments
Marwin Mönkemeyer, Research Associate at Cambridge Centre for Finance (CCFin) and Cambridge Endowment for Research in Finance (CERF), blogs about the role of social trust in the portfolio allocation decisions of global institutional investors.
Research centre news
Understanding the impact of sovereign accounting errors on financial markets
Cambridge Judge Associate Professor and Cambridge Endowment for Research in Finance (CERF) Research Fellow Dr Jenny Chu looks at the market consequences of sovereign financial reporting errors.
Career and personal development
The impact of workplace relationships on manager incentivisation and fund performance
What are the effects of favouritism on employee incentives and behaviour more generally? Do well-connected mutual fund managers exert less effort in managing their funds? Why do mutual fund companies tolerate favouritism? These are some of the questions explored by Elias Ohneberg, who is a research associate at the Cambridge Endowment for Research in Finance.
ESG and sustainability
Do short sellers care about Environment, Social and Governance?
CERF Fellow Oğuzhan Karakaş, and research collaborators Pedro Saffi (a former CERF fellow) and Mehrshad Motahari (a former CERF Research Associate), analyse whether the short sellers can anticipate negative ESG incidences of firms, and make money from the negative price reactions to the news announcement of such incidences.
ESG and sustainability
Green transmission: monetary policy in the age of Environment, Social and Governance
How sensitive are green firms to monetary policy? Alba Patozi, PhD student at the University of Cambridge (Faculty of Economics) explores this question in a recent paper that won the 2023 CERF/Cambridge Finance Best Student Paper Award.