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Geographic dispersion and stock returns

WebAbstract. Using a simple proxy for a firm’s regional dispersion of operations, the authors find that stocks of local companies outperform those of geographically dispersed … Webof individual stock returns. This predictability is explained neither by standard cross-sectional effects, nor by closely related alternative explanations, including industry and …

The Dispersion of Stock Returns - MSCI

WebThe second stream of literature is related to the geographic dispersion of firms and its impact on firm performance. Using state name counts from the 10-K filings as a proxy for geographic dispersion, Garcia and Norli (2012) document stock outperformance of locally focused (concentrated) firms over geographic dispersed firms by 8.4% annually. WebDownloadable (with restrictions)! I examine the effects of geographic distribution of firms on the expected stock returns. Information spillovers and coordinated actions by interacting managers increase the cyclicality of wages in agglomerated industries compared to dispersed industries. Consequently, geographic agglomeration provides firms a “natural … bridgecrest chat online https://triquester.com

Does a firm’s geographic feature matter for stock returns?

Web6 hours ago · Western Asset Global High Income Fund ( NYSE: EHI) is a fixed income closed end fund. As per its literature, the fund: Provides a global, leveraged portfolio of investment grade, below investment ... WebDec 4, 2024 · “ Geographic Dispersion and Stock Returns.” Journal of Financial Economics, 106 (2012), 547 ... “ Political Geography and Stock Returns: The Value and Risk Implications of Proximity to Political Power.” Journal … WebJun 27, 2015 · Geographic distance of entities has been shown to be associated with corporate responsibility scores (Shia et al., 2024), stock returns (Garcia and Norli, 2012), firm value (Gao et al., 2008) and ... bridgecrest cfo

Geographical Dispersion and Investment Efficiency - ResearchGate

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Geographic dispersion and stock returns

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The analysis presented in the previous section shows that geographic … 1. Introduction. The high volume return premium, that is, the excess market … In summary, regardless of whether geographic proximity is associated with … Our paper examines the impact of geographic location on liquidity for U.S. … Table 1 displays the distribution of geographic dispersion and industrial and … To see this point explicitly, consider the following regression. We run firm stock … Table 1 reports summary statistics for our urban and rural/small city sample for the … WebHoward Zhang. Cross-sectional volatility (CSV) measures the opportunity in stock selection as defined by the dispersion in stock returns. We used MSCI Equity Factor Models to …

Geographic dispersion and stock returns

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WebGeographic Dispersion and Stock Returns @article{Garca2012GeographicDA, title={Geographic Dispersion and Stock Returns}, author={Diego Garc{\'i}a and Oyvind Norli}, journal={Capital Markets: Market Efficiency eJournal}, year={2012} } Diego García, Oyvind Norli; Published 17 January 2012; Business; Capital Markets: Market Efficiency …

WebGeographic dispersion and stock returns. Diego García and Oyvind Norli () . Journal of Financial Economics, 2012, vol. 106, issue 3, 547-565 . Abstract: This paper shows that … Web"Geographic dispersion and stock returns," Journal of Financial Economics, Elsevier, vol. 106(3), pages 547-565. Jonathan A. Parker & Christian Julliard, 2005. "Consumption Risk and the Cross Section of Expected Returns," Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 185-222, February.

WebSep 19, 2024 · This paper studies the diffusion of regional macroeconomic information into stock prices. I identify all U.S. states that are economically relevant for a company … WebThe dispersion of news tone is countercyclical and strongly forecasts aggregate stock returns and realized variance, controlling for a range of hard-information variables.

WebThe dispersion of news tone is countercyclical and strongly forecasts aggregate stock returns and realized variance, controlling for a range of hard-information variables.

WebJan 17, 2012 · Request PDF Geographic Dispersion and Stock Returns This paper shows that stocks of truly local firms have returns that exceed the return on stocks of … can type 2 diabetes eat shrimpWebJun 11, 2024 · Read "10.1016/j.jfineco.2012.06.007" on DeepDyve, the largest online rental service for scholarly research with thousands of academic publications available at your fingertips. can type 2 diabetes go away on its ownWebDownloadable (with restrictions)! I examine the effects of geographic distribution of firms on the expected stock returns. Information spillovers and coordinated actions by … bridgecrest.com addressWebstock returns of truly local rms far exceed the stock returns of geographically dispersed rms. To study the relation between stock returns and the degree of geographic … can type 2 diabetes have dkaWebThe regression model is - "Geographic Dispersion and Stock Returns" Table 9 Jensen’s alpha for portfolios long in local firms and short in geographically dispersed firms by … bridgecrest companyWeb18 minutes ago · The current estimated potential market for GaN and SiC power semiconductors is ~ $22 billion per year; 30% GaN, 40% SiC, and 30% overlapping … bridgecrest chatWebGeographic Dispersion and Stock Returns @article{Garca2012GeographicDA, title={Geographic Dispersion and Stock Returns}, author={Diego Garc{\'i}a and Oyvind … bridgecrest contact address