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Log vs simple returns: Examples and comparisons

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Simple vs log returns | Conversion from daily to other frequencies MS Excel Example  [Download Example] In the following table, we have data from 1/1/2010 to 1/7/2010.  The first column has firm id; the second column has date; the third column has stock prices. id date prices simple ri log_ri ri+1 1 1/1/2010 70 1

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Stata Dates: Conversion from one format to another

Case 1: From String to Stata format This blog post discusses the conversion of text into Stata date. Once you have read this post, then you can read another post that lists a quick table of dates conversions from one frequency to another. Usually, when we import data manually into the Stata Editor, the dates

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Find annual | monthly cumulative (product) of returns

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The problem Let’s say that we have daily stock returns. We want to convert those returns to cumulative returns for a weekly, monthly or yearly frequency. Where cumulative returns = (1+Ri1) * (1+Ri2) * (1+R3) * … (1+R4) – 1   Solution First create the weekly, monthly or year identifier, and then use asrol program.

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Research Topics in Islamic Banking and Finance

  1  How Islamic financial instruments can be used in international trade? 2  A mechanism for inter-bank transactions for Islamic and conventional banks 3  Can Sharia board play a role in the development of Islamic instruments? 4 Tawarruq as a tool of inter-bank borrowing 5  Risk management framework for Islamic banks: do we need something special? 6

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Research Topics in Finance: Earning Management

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  1  The relationship between earning management and market liquidity 1  Are top management pays and earning management practices related? 2  Can financial crisis affect earning management practices? 3  The effect of the earning transparency on cost of capital  4  The impact of leverage on accrual-based earnings management 5  Can institutional investors exploit the accrual anomaly? 6  Accrual-based and

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Research Topics in Finance | Financing / Capital Structure Choices

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In this blog post, I would like to present a list of research topics related to financing or capital structure decisions. 1  Top managers experiences and firms’ capital structure choices 1  Do macroeconomic factors affect the choice of debt /equity financing? How are small firms affected? 2  Supply of capital and debt-equity choices 3  Persistence in capital structure decisions?

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How to convert numeric date to Stata date

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Real-life data can come in a variety of formats.  In this post, I would like to show how to convert a numeric date to Stata date. The problem Let’s use an example.  Say that we have date variable in the following format and we want to convert it to Stata format. +———-+ | datevar |

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T-bills rates, auction dates, bids and offer prices

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Auction No. Auction Date Realized Amount 3-Months 6-Months 12-Months 1st 6/25/1998 23,623.24 15.70% 2nd 7/14/1998 7,708.23 14.62% 15.41% 16.00% 3rd 7/23/1998 2,305.36 15.74% 4th 8/5/1998 21,261.33 13.82% 15.29% 15.90% 5th 8/18/1998 19,628.07 13.71% 14.94% 15.78% 6th 9/4/1998 20,526.84 13.85% 15.39% 7th 9/29/1998 9,255.20 13.55% 15.17% 8th 10/12/1998 1,910.04 15.18% 9th 10/23/1998 10th 11/4/1998 23,149.34 14.13%

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List of KSE-100 Companies September 2017

  Name Market Capitalization Percentage in the Index Habib BankXD         140,935,188,968.64 6.49% Oil & Gas Dev.           97,945,042,453.20 4.51% United Bank           93,160,074,218.75 4.29% Engro CorpXD           92,586,550,244.85 4.27% Pak Petroleum           86,175,312,235.56 3.97% MCB Bank LtdXD           83,190,700,725.10 3.83% Hub Power Co.           80,475,458,975.12 3.71% Lucky CementXD           77,564,727,500.00 3.57% Nestle PakistanXD          

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Research Topics in Finance – Corporate Governance

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1  Green governance and sustainability reporting in industries that are more likely to pollute e.g, oil, mining, gas etc 2  Do better governed firms generate more green patents? Can institutional ownership play a role? 3  Do Investors and creditors price firms social and governance risks? 4   Are family firms more concerned about governance of the firm? 5  How green growth

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