In historical testing, valuation-indifferent weighting as applied to US and global equities has
produced statistically significant and economically large outperformance when compared …

In the five years since the launching of Fundamental Index ® strategies as live portfolios, the
effectiveness of the strategy and source of its outperformance have been strenuously …

Valuation-indifferent weighting has gained significant interest as a strategy for creating
alternative indexes. The weighting scheme has empirical support for equities, investment-grade, …

The level of cash holdings varies significantly across firms. As a low-returning asset, previous
literature has theorized that holding excess cash should harm firm value. We find that this …

The practice of merger arbitrage is one of the more popular and profitable strategies employed
by many hedge funds. At its core, the strategy is one that earns an excess return for the …

Any model is a simplified version of reality, and thus always contains the possibility that the
simplifying assumptions do not well match, or properly account for, the true governing …

Smart beta corporate bond indices potentially offer a better risk/return profile than traditional
market-value-weighted benchmarks. The simulated fundamentally weighted index …

This article evaluates the emergent academic field of entrepreneurship to better understand
its progress and potential. We apply boundary and exchange concepts to examine 97 …

Drawing together research in the upper echelon perspective, strategy, and organizational
sociology, this paper examines (1) the relationship between the finance expertise of a venture …

Despite increasing recognition of the importance of metaphors to theory development,
metaphors’ influence on entrepreneurship theorizing has been largely unexplored. This is …