Research Output 1986 2019

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Discussion paper
2000
433 Downloads (Pure)

Hedging Double Barriers with Singles

Sbuelz, A., 2000, Tilburg: Finance, 36 p. (CentER Discussion Paper; vol. 2000-112).

Research output: Working paperDiscussion paperOther research output

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Hedging
Hedge
Transaction costs
Managers
Dynamic hedging
244 Downloads (Pure)

Incorporating Estimation Risk in Portfolio Choice

Ter Horst, J. R., de Roon, F. A. & Werker, B. J. M., 2000, Tilburg: Finance, 29 p. (CentER Discussion Paper; vol. 2000-65).

Research output: Working paperDiscussion paperOther research output

File
Estimation risk
Portfolio choice
Risk aversion
Uncertainty
Sample size
372 Downloads (Pure)

Investment Policy, Internal Financing and ownership Concentration in the UK

Goergen, M. & Renneboog, L. D. R., 2000, Tilburg: Finance, 32 p. (CentER Discussion Paper; vol. 2000-116).

Research output: Working paperDiscussion paperOther research output

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Ownership concentration
Financing
Investment policy
Liquidity constraints
Shareholding
245 Downloads (Pure)

Investment Spending in the Netherlands: The Impact of Liquidity and Corporate Governance

Degryse, H. A. & de Jong, A., 2000, Tilburg: Finance, 33 p. (CentER Discussion Paper; vol. 2000-24).

Research output: Working paperDiscussion paperOther research output

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Corporate governance
Liquidity
Cash flow
The Netherlands
Managerial discretion
216 Downloads (Pure)

Is Leverage Effective in Increasing Performance Under Managerial Moral Hazard?

Calcagno, R., 2000, Tilburg: Finance, 32 p. (CentER Discussion Paper; vol. 2000-101).

Research output: Working paperDiscussion paperOther research output

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Debt
Incentives
Moral hazard
Leverage
Firm value
282 Downloads (Pure)

Libor and Swap Market Models for the Pricing of Interest Rate Derivatives: An Empirical Analysis

de Jong, F. C. J. M., Driessen, J. J. A. G. & Pelsser, A., 2000, Tilburg: Finance, 46 p. (CentER Discussion Paper; vol. 2000-35).

Research output: Working paperDiscussion paperOther research output

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Market model
Empirical analysis
Interest rate derivatives
Pricing
Swaps
268 Downloads (Pure)

Mutual Fund Tournament: Risk Taking Incentives Induced by Ranking Objectives

Goriaev, A. P., Palomino, F. A. & Prat, A., 2000, Tilburg: Finance, 30 p. (CentER Discussion Paper; vol. 2000-94).

Research output: Working paperDiscussion paperOther research output

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Ranking
Tournament
Incentives
Risk taking
Mutual funds
215 Downloads (Pure)

Optimal Angle Reduction - A Behavioral Approach to Linear System Approximation

Roorda, B. & Weiland, S., 2000, Tilburg: Finance, 34 p. (CentER Discussion Paper; vol. 2000-31).

Research output: Working paperDiscussion paperOther research output

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Linear systems
Trajectories
Decomposition
277 Downloads (Pure)

Optimal Hankel Norm Model Reduction by Truncation of Trajectories

Roorda, B. & Weiland, S., 2000, Tilburg: Finance, 6 p. (CentER Discussion Paper; vol. 2000-30).

Research output: Working paperDiscussion paperOther research output

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Hankel
Model Reduction
Truncation
Trajectory
Norm
262 Downloads (Pure)

Reorganization Law and Dilution Threats in Different Financial Systems

Hege, U. & Mella-Barral, P., 2000, Tilburg: Finance, 29 p. (CentER Discussion Paper; vol. 2000-50).

Research output: Working paperDiscussion paperOther research output

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financial system
reorganization
threat
Law
indebtedness
252 Downloads (Pure)

Revenue Sharing in Professional Sports Leagues: For the Sake of Competitive Balance or as a Result of Monopsony Power?

Palomino, F. A. & Sakovics, J., 2000, Tilburg: Microeconomics, 19 p. (CentER Discussion Paper; vol. 2000-110).

Research output: Working paperDiscussion paperOther research output

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Sports leagues
Revenue sharing
Professional sports
Competitive balance
Monopsony
529 Downloads (Pure)

Safety Monitoring, Capital Structure, and "Financial Responsibility"

Feess, E. & Hege, U., 2000, Tilburg: Finance, 30 p. (CentER Discussion Paper; vol. 2000-33).

Research output: Working paperDiscussion paperOther research output

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Liability
Safety
Monitoring
Capital structure
Responsibility
1059 Downloads (Pure)

Share Price Reactions to CEO Resignations and Large Shareholder Monitoring in Listed French Companies

Dherment-Ferere, I. & Renneboog, L. D. R., 2000, Tilburg: Finance, 34 p. (CentER Discussion Paper; vol. 2000-70).

Research output: Working paperDiscussion paperOther research output

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Resignation
Share prices
Chief executive officer
Monitoring
Price reaction
2456 Downloads (Pure)

Share Price Reactions to Sporty Performances of Soccer Clubs listed on the London Stock Exchange and the AIM

Renneboog, L. D. R. & Vanbrabant, P., 2000, Tilburg: Finance, 30 p. (CentER Discussion Paper; vol. 2000-19).

Research output: Working paperDiscussion paperOther research output

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Share prices
Soccer
Price reaction
London Stock Exchange
Clubs
267 Downloads (Pure)

The Dividend and Share Repurchase Policies of Canadian Firms: Empirical Evidence based on New Research Design

de Jong, A., van Dijk, R. & Veld, C. H., 2000, Tilburg: Finance, 40 p. (CentER Discussion Paper; vol. 2000-16).

Research output: Working paperDiscussion paperOther research output

File
Research design
Evidence-based
Empirical evidence
Dividends
Share repurchases
332 Downloads (Pure)

The Impact of Bank Consolidation on Commercial Borrower Welfare

Karceski, J., Ongena, S. & Smith, D. C., 2000, Tilburg: Finance, 42 p. (CentER Discussion Paper; vol. 2000-87).

Research output: Working paperDiscussion paperOther research output

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Bank consolidation
Bank mergers
Exit
Mergers
Announcement
361 Downloads (Pure)

The Performance of Multi-Factor Term Structure Models for Pricing and Hedging Caps and Swaptions

Driessen, J. J. A. G., Klaassen, P. & Melenberg, B., 2000, Tilburg: Finance, 46 p. (CentER Discussion Paper; vol. 2000-93).

Research output: Working paperDiscussion paperOther research output

File
Hedging
Swaption
Term structure models
Multi-factor
Pricing
253 Downloads (Pure)

The Role of Self-Regulation in Corporate Governance: Evidence from the Netherlands

de Jong, A., DeJong, D. V., Mertens, G. M. H. & Wasley, C., 2000, Tilburg: Finance, 37 p. (CentER Discussion Paper; vol. 2000-59).

Research output: Working paperDiscussion paperOther research output

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Self-regulation
Corporate governance
The Netherlands
Investors
Market forces
240 Downloads (Pure)

The Sport League's Dilemma: Competitive Balance versus Incentives to Win

Palomino, F. A. & Rigotti, L., 2000, Tilburg: Microeconomics, 36 p. (CentER Discussion Paper; vol. 2000-109).

Research output: Working paperDiscussion paperOther research output

File
Sports leagues
Incentives
Competitive balance
Revenue sharing
Profit
236 Downloads (Pure)

United we stand: Corporate Monitoring by Shareholder Coalitions in the UK

Crespi, R. & Renneboog, L. D. R., 2000, Tilburg: Finance, 42 p. (CentER Discussion Paper; vol. 2000-18).

Research output: Working paperDiscussion paperOther research output

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Monitoring
Shareholders
Voting power
Ownership
Turnover
1999
279 Downloads (Pure)

Bounds on Quantiles in the Presence of Full and Partial Item Nonresponse

Vazquez-Alvarez, R., Melenberg, B. & van Soest, A. H. O., 1999, Tilburg: Econometrics, 33 p. (CentER Discussion Paper; vol. 1999-38).

Research output: Working paperDiscussion paperOther research output

File
Item Nonresponse
Quantile
Partial
Categorical
Non-response
240 Downloads (Pure)

Collateral, Renegotiation and the Value of Diffusely Held Debt

Hege, U. & Mella-Barral, P., 1999, Tilburg: Finance, 44 p. (CentER Discussion Paper; vol. 1999-94).

Research output: Working paperDiscussion paperOther research output

File
Debt
Renegotiation
Assets
Equity
Debt renegotiation
284 Downloads (Pure)

Corporate Governance Structures, Control and Performance in European Markets: A Tale of Two Systems

Crama, Y., Leruth, L., Renneboog, L. D. R. & Urbain, J-P., 1999, Tilburg: Finance, 27 p. (CentER Discussion Paper; vol. 1999-97).

Research output: Working paperDiscussion paperOther research output

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Corporate governance
Governance structure
Financial performance
Share prices
Utility function
244 Downloads (Pure)

Currency Hedging for International Stock Portfolios: A General Approach

de Roon, F. A., Nijman, T. E. & Werker, B. J. M., 1999, Tilburg: Econometrics, 35 p. (CentER Discussion Paper; vol. 1999-123).

Research output: Working paperDiscussion paperOther research output

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Investors
Currency hedging
Mean-variance
Currency
Optimal portfolio
233 Downloads (Pure)

Disturbance Decoupling in Dynamic Games

van den Broek, W. A. & Schumacher, J. M., 1999, Tilburg: Econometrics, 9 p. (CentER Discussion Paper; vol. 1999-67).

Research output: Working paperDiscussion paperOther research output

File
Dynamic Games
Decoupling
Disturbance
Control Theory
Solvability
515 Downloads (Pure)

Estimating Risk Attitudes Using Lotteries; A Large Sample Approach

Donkers, A. C. D., Melenberg, B. & van Soest, A. H. O., 1999, Tilburg: Econometrics, 39 p. (CentER Discussion Paper; vol. 1999-12).

Research output: Working paperDiscussion paperOther research output

File
Lottery
Risk attitude
Risk aversion
Expected utility
Income
233 Downloads (Pure)

Liquidation Values, Risk and Capital Structure

Rosellon Cifuentes, M. A., 1999, Tilburg: Finance, 24 p. (CentER Discussion Paper; vol. 1999-32).

Research output: Working paperDiscussion paperOther research output

File
Liquidation
Capital structure
Industry
Financial structure
Debt
288 Downloads (Pure)

Nonparametric Bounds on the Income Distribution in the Presence of Item Nonresponse

Vazquez-Alvarez, R., Melenberg, B. & van Soest, A. H. O., 1999, Tilburg: Econometrics, 30 p. (CentER Discussion Paper; vol. 1999-33).

Research output: Working paperDiscussion paperOther research output

File
Item Nonresponse
Income Distribution
Selection Model
Estimate
Non-response
220 Downloads (Pure)

Nonparametric Modeling of the Anchoring Effect in an Unfolding Bracket Design

Vazquez-Alvarez, R., Melenberg, B. & van Soest, A. H. O., 1999, Tilburg: Econometrics, 31 p. (CentER Discussion Paper; vol. 1999-115).

Research output: Working paperDiscussion paperOther research output

File
Anchoring effect
Modeling
Item nonresponse
Non-response
Economic variables
350 Downloads (Pure)

Ownership, Managerial Control and the Governance of Companies Listed on the Brussels Stock Exchange

Renneboog, L. D. R., 1999, Tilburg: Finance, 31 p. (CentER Discussion Paper; vol. 1999-63).

Research output: Working paperDiscussion paperOther research output

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Ownership
Governance
Stock exchange
Managerial control
Listed companies
442 Downloads (Pure)

Performance of Delta-hedging strategies in interval models - A robustness study

Roorda, B., Engwerda, J. C. & Schumacher, J. M., 1999, Tilburg: Macroeconomics, 14 p. (CentER Discussion Paper; vol. 1999-05).

Research output: Working paperDiscussion paperOther research output

File
583 Downloads (Pure)

Predatory Pricing: Strategic Theory and Legal Policy

Bolton, P., Brodley, J. F. & Riordan, M. H., 1999, Tilburg: Microeconomics, 134 p. (CentER Discussion Paper; vol. 1999-82).

Research output: Working paperDiscussion paperOther research output

File
312 Downloads (Pure)

Prediction of Ownership and Control Concentration in German and UK Initial Public Offerings

Goergen, M. & Renneboog, L. D. R., 1999, Tilburg: Finance, 32 p. (CentER Discussion Paper; vol. 1999-103).

Research output: Working paperDiscussion paperOther research output

File
Prediction
Ownership and control
Initial public offerings
Shareholders
Flotation
370 Downloads (Pure)

Shareholding Cascades: The Separation of Ownership and Control in Belgium

Becht, M. C., Chapelle, A. & Renneboog, L. D. R., 1999, Tilburg: Finance, 43 p. (CentER Discussion Paper; vol. 1999-96).

Research output: Working paperDiscussion paperOther research output

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Ownership and control
Shareholding
Belgium
Cascade
Business groups
219 Downloads (Pure)

Should smart investors buy funds with high returns in the past

Palomino, F. A. & Uhlig, H. F. H. V. S., 1999, Tilburg: Macroeconomics, 22 p. (CentER Discussion Paper; vol. 1999-69).

Research output: Working paperDiscussion paperOther research output

File
304 Downloads (Pure)

Testing Affine Term Structure Models in Case of Transaction Costs

Driessen, J. J. A. G., Melenberg, B. & Nijman, T. E., 1999, Tilburg: Finance, 32 p. (CentER Discussion Paper; vol. 1999-84).

Research output: Working paperDiscussion paperOther research output

File
Transaction costs
Affine term structure models
Testing
Factors
Misspecification
503 Downloads (Pure)

The Monetary Appreciation of Paintings: From Realism to Magritte

Renneboog, L. D. R. & van Houte, T., 1999, Tilburg: Finance, 35 p. (CentER Discussion Paper; vol. 1999-62).

Research output: Working paperDiscussion paperOther research output

File
Art
Realism
Auctions
Efficient frontier
Risk-return trade-off
1998
335 Downloads (Pure)

An Empirical Analysis of Incremental Capital Structure Decisions Under Managerial Entrenchment

de Jong, A. & Veld, C. H., 1998, Tilburg: Finance, 33 p. (CentER Discussion Paper; vol. 1998-83).

Research output: Working paperDiscussion paperOther research output

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Managers
Managerial entrenchment
Incremental
Empirical analysis
Capital structure

Competition and the Dutch Coffee Market

Bettendorf, L. & Verboven, F. L., 1998, Tilburg: Vakgroep CentER, 20 p. (CentER Discussion Paper; vol. 1998-10).

Research output: Working paperDiscussion paperOther research output

505 Downloads (Pure)

Determinants of Leverage and Agency problems

de Jong, A. & Dijk, R., 1998, Tilburg: Finance, 44 p. (CentER Discussion Paper; vol. 1998-82).

Research output: Working paperDiscussion paperOther research output

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Agency problems
Leverage
Structural equation modeling
Bankruptcy costs
Tax

Efficiency Comparisons of Maximum Likelihood-Based Estimators in GARCH Models

González-Rivera, G. & Drost, F. C., 1998, Tilburg: Econometrics, 18 p. (CentER Discussion Paper; vol. 1998-124).

Research output: Working paperDiscussion paperOther research output

417 Downloads (Pure)

Eliminating biases in evaluating mutual fund performance from a survivorship free sample

Ter Horst, J. R., Nijman, T. E. & Verbeek, M. J. C. M., 1998, Tilburg: Econometrics, 37 p. (CentER Discussion Paper; vol. 98.55).

Research output: Working paperDiscussion paperOther research output

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Gasoline or Diesel? Inferring Implicit Interest Rates From Agreggate Automobile Purchasing Data

Verboven, F. L., 1998, Tilburg: Vakgroep CentER, 22 p. (CentER Discussion Paper; vol. 1998-101).

Research output: Working paperDiscussion paperOther research output

259 Downloads (Pure)

Is Coordination of Fiscal Deficits Necessary?

Huizinga, H. P. & Nielsen, S. B., 1998, Tilburg: Macroeconomics, 20 p. (CentER Discussion Paper; vol. 1998-61).

Research output: Working paperDiscussion paperOther research output

File
344 Downloads (Pure)

On the incentives to provide fuel-efficient automobiles

Degryse, H. A. & Irmen, A., 1998, Tilburg: Finance, 32 p. (CentER Discussion Paper; vol. 1998-48).

Research output: Working paperDiscussion paperOther research output

File
221 Downloads (Pure)

Performance analysis of international mutual funds incorporating market frictions

Ter Horst, J. R., Nijman, T. E. & de Roon, F. A., 1998, Tilburg: Econometrics, 37 p. (CentER Discussion Paper; vol. 1998-51).

Research output: Working paperDiscussion paperOther research output

File
355 Downloads (Pure)

Presents or investments? An experimental analysis

Gneezy, U., Güth, W. & Verboven, F. L., 1998, Tilburg: Vakgroep CentER, 10 p. (CentER Discussion Paper; vol. 1998-44).

Research output: Working paperDiscussion paperOther research output

File
251 Downloads (Pure)

Price competition between an expert and a non-expert

Bouckaert, J. M. C. & Degryse, H. A., 1998, Tilburg: Finance, 29 p. (CentER Discussion Paper; vol. 1998-49).

Research output: Working paperDiscussion paperOther research output

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Price Discrimination and Tax Incidence - Evidence from Gasoline and Diesel Cars

Verboven, F. L., 1998, Tilburg: Vakgroep CentER, 26 p. (CentER Discussion Paper; vol. 1998-139).

Research output: Working paperDiscussion paperOther research output

209 Downloads (Pure)

Risk Taking and Optimal Contracts for Money Managers

Palomino, F. A. & Prat, A., 1998, Tilburg: CentER, 28 p. (CentER Discussion Paper; vol. 1998-108).

Research output: Working paperDiscussion paperOther research output

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