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Geographic dispersion and stock returns

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 … 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 …

Regional Economic Activity and Stock Returns

Web18 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 … 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 … black owned businesses in el paso https://turcosyamaha.com

Geographic dispersion and stock returns - ScienceDirect

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 … 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 determine how much of the CSV has been explained by systematic factors over time in various market regions. How to interact with this plot: Use the radio button at the ... Webof individual stock returns. This predictability is explained neither by standard cross-sectional effects, nor by closely related alternative explanations, including industry and … black owned businesses indianapolis

Regional Economic Activity and Stock Returns

Category:Local Return Comovement and Geographic Dispersion

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Geographic dispersion and stock returns

Geographic Dispersion and Stock Returns - Semantic Scholar

Webrms from the period 1994 through 2008, we show that the stock returns of truly local rms far exceed the stock returns of geographically dispersed rms. To study the relation … WebThe 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 …

Geographic dispersion and stock returns

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Webof individual stock returns. This predictability is explained neither by standard cross-sectional effects, nor by closely related alternative explanations, including industry and geographic momentum, geographic dispersion, and the economic conditions of the headquarter state. I also conduct quintile portfolio sorts and 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 …

Webstock 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 dispersion, we use both portfolio sorts and Fama-MacBeth cross sectional regressions. Firms are 1Coval and Moskowitz (1999) were there rst to show the presence of a local bias. WebNov 15, 2024 · Greater geographic dispersion is associated with greater trading during the announcement period; this supports the use of geographic dispersion as a measure of information diversity. Consistent with my predictions, the price response to a firm's earnings news is more efficient when the firm's investors have greater information diversity.

WebApr 13, 2024 · Company stock. Employees receive equity in the company that sponsors the defined contribution plan. Common stock fund. This is a professionally managed fund invested in the common stock of a variety of companies. Fixed-interest securities. These securities include bonds and other nonfederal instruments that pay a fixed interest rate … WebWhat is Geographic Dispersion. 1. Physical dispersion of group members across geographic ally distant locations, thus necessitating use of technology support for group …

WebAug 11, 2024 · Stock returns immediately surrounding forecast revisions suggest that local analysts impact prices more than other analysts. These effects are strongest for firms located in small cities and ...

WebDownloadable (with restrictions)! I examine the effects of geographic distribution of firms on the expected stock returns. Information spillovers and coordinated actions by … black owned businesses in dayton ohioWebThe 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. gardhouse motors owen soundblack owned businesses in flint mi