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 in secular decline. The number of companies listed on the exchange's Main Market has fallen from over 4,400…
Financial Times: Adaptable managers help companies pull trough
A study on UK companies’ survival rate co-authored by Geoff Meeks and Geoffrey Whittington featured in the Financial Times. The study, inspired by natural selection theory, finds that only 19 of 1,513 UK companies (1.26%) survived over the biblical “threescore…
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 Business School. Business has long been portrayed in survival-of-the-fittest ("dog-eat-dog") and scriptural ("David and Goliath battle") terminology. A…
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 into an era of Big Data, in which the demand and supply of data and information are growing…
Stock sales
Three US senators cite research by Professor Alan Jagolinzer of Cambridge Judge Business School in urging SEC reform of insider trading laws. Professor Alan Jagolinzer Three US senators cited research co-authored by Professor Alan Jagolinzer of Cambridge Judge Business School in urging the Securities…
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 documents how firms' geographical locations can affect their stock returns. For example, Pirinsky and Wang (2006) show that…
Thirty years on
Wang Boming, an architect of the 1990 creation of the stock exchanges in China, talks with the Dean of Cambridge Judge Business School about how the exchanges have contributed to a transformation of the Chinese economy over the past three…
