User profiles for Urbi Garay

Urbi Garay

Profesor Titular de Finanzas (IESA) e Individuo de Número de la Academia de Economía de …
Verified email at iesa.edu.ve
Cited by 1126

Determinants of art prices and performance by movements: Long-run evidence from an emerging market

U Garay - Journal of Business Research, 2021 - Elsevier
Abstract Art has become an increasingly important asset in the portfolios of investors.
However, the literature on the investment attributes of art from emerging markets is limited. We …

The Latin American art market: literature and perspectives

U Garay - Academia Revista Latinoamericana de Administración, 2018 - emerald.com
Objective The purpose of this paper is to present the progress and trends of the literature on
art as an investment and to outline potential research lines to be developed. Design/…

Corporate governance and firm value: The case of Venezuela

U Garay, M González - Corporate governance: An international …, 2008 - Wiley Online Library
Manuscript Type: Empirical Research Question/Issue: We examine the relationship between
corporate governance and firm value, and evaluate the relatively understudied governance …

Internet-based corporate disclosure and market value: Evidence from Latin America

U Garay, M González, A Guzmán, MA Trujillo - Emerging Markets Review, 2013 - Elsevier
We examine the relationship between an Internet-based corporate disclosure index and firm
value in the seven largest stock markets of Latin America. We find, after controlling for firms' …

Color intensity, luminosity, contrast and art prices: the case of Jean-Michel Basquiat

U Garay, E Pérez, J Casanova… - Academia Revista …, 2022 - emerald.com
Purpose The price of a painting is determined by multiple variables, including color-related
variables. Colors are important in an economic analysis. This study aims to analyze the …

CEO and director turnover in Venezuela

U Garay, M Gonzalez - 2005 - papers.ssrn.com
The aim of this study is to achieve a better understanding of corporate governance structures
and mechanisms outside the United States by looking at a specific emerging economy: …

Country and industry effects in corporate bond spreads in emerging markets

U Garay, M González, J Rosso - Journal of Business Research, 2019 - Elsevier
We use corporate bond data from firms belonging to 13 emerging markets and eight industries
from 2007 to 2013 to study whether and how country and industry effects determine the …

Real estate and private equity: A review of the diversification benefits and some recent developments

U Garay, E Ter Horst - The Journal of Alternative Investments, 2009 - search.proquest.com
This article discusses the recent literature on the benefits of including real estate and private
equity investments in an investor's portfolio, and examines certain topics that have attracted …

[PDF][PDF] The performance of retail investors, trading intensity and time in the market: evidence from an emerging stock market

U Garay, F Pulga - Heliyon, 2021 - cell.com
We analyze all stock transactions executed by the universe of individual (or retail) investors
of the Colombian Stock Exchange (5,380,810 trades performed by 42,211 individual …

Real estate as an investment

U Garay - Garay, U.“Real Estate as an Investment.” In Kazemi, H, 2016 - papers.ssrn.com
Real estate has been a very large and important portion of wealth for thousands of years.
Even as recently as a century ago, real estate dominated institutional portfolios and was …