by Dr Adelphe Ekponon and Dr Scott Guernsey, Research Associates, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance
Dr Adelphe Ekponon
Dr Scott B. Guernsey
Motivated by preliminary empirical evidence showing that firms with more committed managers…
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 Research Associate Adelphe Ekponon and Kassi Assamoi (Liquidity Analyst at MUFG Securities and University of Warwick) examine a…
by Dr Adelphe Ekponon, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance
Dr Adelphe Ekponon
In addition to internal funds,
firms have two main sources of financing: equity and debt (in general, a mix of…
The agency problem, in the
context of separation in ownership (shareholders or the principals) and control
(managers or the agents), is one of the most important issues in corporate
finance.
This separation may induce
conflicts of interest inherent in the…
by Dr Adelphe Ekponon, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance
Dr Adelphe Ekponon
The very first asset pricing models (also
called Capital Asset Pricing Models or CAPM) have postulated that the only risk…
