Ian J. Wright and Dr. Keith P Vorkink, Business Management In order to make optimal portfolio choices, individuals, firms and portfolio managers are interested in the probabilities attached to their receiving various returns in the stock market. These probabilities of returns on securities are described by statistical functions called return distributions. However, much uncertainty concerning […]
Best Practices for Microfranchising in Bangladesh
Joseph W. Wade and Dr. Richard McClendon, Research Associate, Center for Economic Self-Reliance The purpose of this research project is to fulfill a research need for the Microfranchise Initiative at BYU’s Center for Economic Self-Reliance. Micro-Credit Institutions have enabled many of the world’s poor to take out small loans to start businesses. These businesses, because […]
An Examination of the Effect of Brigham Young University’s Single-Student Housing Policies on Local Condominium Values
Daniel Matthews and Dr. Barrett Slade, Marriott School of Management Introduction and Hypothesis My research revolved around four hypotheses relating to the impact of BYU’s single-student housing policies on condominium values in Provo and around Utah Country. These four hypotheses are as follows: – Hypothesis 1: BYU contracted condominiums in the boundary sell at a […]
An Empirical Analysis of Healthcare IPOs and SEOs
Jonathan Holloway and Dr. James C. Brau, Department of Finance Background Overall, three phenomena exist in corporate equity issuances. These phenomena include hotissue markets, first-day underpricing, and poor long-run performance. Hot-issue markets refer to fluctuation in the volume of issuances. Hot waves are periods of high issuance volume, and cold waves are periods of low […]
Examining the Relationship between Expected Market Returns and Political Variables Using Generalized Method of Moments Procedures
Ian Wright and Dr. Keith Vorkink, Finance Investors, economists and financial analysts are constantly seeking to develop models that may help them learn what the stock market will do and how it functions. They do this so that they may take advantage of any market anomalies as soon as they appear and try to make […]
Financial Literacy Amongst University Students
Adam Trone and Dr. James Brau My interest in financial literacy and my decision to pursue an ORCA grant in this subject began in the fall of 2007. Many remember the upheaval that devastated financial markets beginning at this time. This upheaval is not just a memory because similar economic and financial conditions continue to […]