Institution
EDHEC Business School
Education•Roubaix, France•
About: EDHEC Business School is a education organization based out in Roubaix, France. It is known for research contribution in the topics: Portfolio & Capital asset pricing model. The organization has 294 authors who have published 1749 publications receiving 42687 citations. The organization is also known as: Ecole des Hautes Etudes Commerciales du Nord & EDHEC Business School.
Topics: Portfolio, Capital asset pricing model, Volatility (finance), Risk premium, Asset allocation
Papers published on a yearly basis
Papers
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TL;DR: In this paper, the authors focus on the prediction of the engagement of small and medium-sized enterprises (SMEs) in environmental management practices, based on a random sample of 689 SMEs.
Abstract: This study focuses on the prediction of the engagement of small- and medium-sized enterprises (SMEs) in environmental management practices, based on a random sample of 689 SMEs. The study finds that several endogenous factors, including tangibility of sector, firm size, innovative orientation, family influence and perceived financial benefits from energy conservation, predict an SME’s level of engagement in selected environmental management practices. For family influence, this effect is found only in interaction with the number of owners. In addition to empirical research on SMEs’ environmental behavior, this article draws on the ecological modernization literature as well as the theory of planned behavior.
176 citations
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TL;DR: In this paper, the authors examined the combined role of momentum and term structure signals for the design of profitable trading strategies in commodity futures markets with significant annualized alphas of 1014% and 1266% respectively.
Abstract: This paper examines the combined role of momentum and term structure signals for the design of profitable trading strategies in commodity futures markets With significant annualized alphas of 1014% and 1266% respectively, the momentum and term structure strategies appear profitable when implemented individually With an abnormal return of 2102%, a novel double-sort strategy that exploits both momentum and term structure signals clearly outperforms the single-sort strategies This double-sort strategy can additionally be utilized as a portfolio diversification tool Interestingly, the abnormal performance of the double-sort portfolios cannot be explained by a lack of liquidity or data mining and is robust to transaction costs and to different specifications of the risk-return trade-off
175 citations
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TL;DR: In this article, the authors show that relatively heavily traded stocks with low short interest experience statistically and economically significant positive abnormal returns, while stocks with relatively high short interest subsequently experience negative abnormal returns.
171 citations
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TL;DR: In this article, the authors investigate the influence of two defining characteristics of luxury products (scarcity and ephemerality) on consumers' perception of the fit between luxury and corporate social responsibility (CSR), as well as how this perceived fit affects consumers' attitudes toward luxury products.
Abstract: The notion of “responsible luxury” may appear as a contradiction in terms. This article investigates the influence of two defining characteristics of luxury products—scarcity and ephemerality—on consumers’ perception of the fit between luxury and corporate social responsibility (CSR), as well as how this perceived fit affects consumers’ attitudes toward luxury products. A field experiment reveals that ephemerality moderates the positive impact of scarcity on consumers’ perception of fit between luxury and CSR. When luxury products are enduring (e.g., jewelry), a scarce product is perceived as more socially responsible than a more widely available one and provokes positive attitudes. However, this effect does not appear for ephemeral luxury products (e.g., clothing). The perceived fit between luxury and CSR mediates the combined effects of scarcity and ephemerality on consumers’ attitudes toward luxury products. This study provides valuable insights that luxury brand managers can use to design their CSR and marketing strategies.
167 citations
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TL;DR: In this article, the authors argue that agency theory may too closely reflect the US institutional context to explain the governance heritages that exist elsewhere, and they propose a nationally bounded model for determining what constitutes opportunistic behavior and what can be done to limit it.
Abstract: We reason that agency theory’s behavioral assumptions may too closely reflect the US institutional context to explain the governance heritages that exist elsewhere. We propose that what constitutes opportunistic behavior and what can be done to limit it may vary due to differences in national background and formal institutions. We then test the validity of this nationally bounded model using historical sociology analysis of three nations whose corporate governance heritages are believed to differ (USA, Sweden, and France). Specifically, we review their political, cultural, and economic institutions to explore the different ways that their governance practices have evolved and infer causes for these historical variations.
167 citations
Authors
Showing all 311 results
Name | H-index | Papers | Citations |
---|---|---|---|
Lionel Martellini | 67 | 204 | 43434 |
Frank J. Fabozzi | 60 | 845 | 15469 |
Christophe Croux | 55 | 296 | 12839 |
Giuseppe Bertola | 53 | 231 | 12704 |
Jeffrey J. Reuer | 53 | 180 | 11133 |
Florencio Lopez-de-Silanes | 49 | 107 | 76801 |
Jakša Cvitanić | 43 | 127 | 6500 |
Mohamed El Hedi Arouri | 43 | 212 | 7460 |
Martin Wetzels | 41 | 117 | 11718 |
René Garcia | 40 | 172 | 7026 |
Raman Uppal | 39 | 111 | 8697 |
Ekkehart Boehmer | 38 | 81 | 8493 |
Maurizio Zollo | 34 | 96 | 13546 |
Laurent E. Calvet | 33 | 98 | 5718 |
Wolfgang Ulaga | 31 | 58 | 9609 |