This paper reviews the literature on the factors that influence the wealth effects associated
with the announcements of corporate spin‐offs (also known as demergers). Meta‐analysis is …

We study wealth effects for a sample of 156 spin-offs from 15 different European countries
that were announced between January 1987 and September 2000. The cumulative average …

… research for this project was done while Chris Veld was employed at Tilburg University in
the Netherlands and at Simon Fraser University in Canada and while Yulia Veld-Merkoulova …

This study examines how different components of executive compensation affect the cost of
debt. We find that debt-like and equity-like pay components have differing effects: an …

… Part of this research was done while Yulia Veld-Merkoulova was affiliated with the Faculty
of Management of the Erasmus University in Rotterdam and when she visited the University of …

I empirically investigate the impact of age and self-reported planning horizon on asset
allocation decisions of individual investors. I find that age and investment horizon play different …

This study analyzes the forecasting accuracy of the implied volatility of options on futures
contracts for the delivery of CO 2 emission allowances (carbon options) traded on the …

This study focuses on the problem of hedging longer‐term commodity positions, which often
arises when the maturity of actively traded futures contracts on this commodity is limited to a …

Price limits are actively employed by many futures exchanges as a regulatory mechanism
directed at reducing volatility and improving price discovery process. The aim of this paper is …

In November 2002, Stanley Gibbons, a large British stamp dealer, introduced the SG 100,
an index for stamp investments. This index is used to study whether there are diversification …