Discovery Projects - Grant ID: DP0209729

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0209729

Funding Status
Closed

Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the .

Funded Activity Summary

Illiquidity, momentum traders, incentives, and book to market: explaining and testing the factor drivers of stock market returns. I build on my new illiquidity explanation for the equity premium based on the realisation that government bonds turn over many times faster than equity and that trading is both voluntary and endogenous. By introducing these new theoretical developments and new factors such executive incentives I aim to enhance our knowledge of what drives returns in global stock markets. As a result researchers will have a better understanding of, and controls for, market factors to enable sound empirical work and companies will be able to lower the cost of capital via greater liquidity and improve their corporate governance structures and performance.

Funded Activity Details

Start Date: 06-03-2002

End Date: 31-12-2006

Funding Scheme: Discovery Projects

Funding Amount: $757,749.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Finance | Finance Economics | Banking, Finance and Investment |

ANZSRC Socio-Economic Objective (SEO)

Finance and investment services | Finance, property and business services

Other Keywords

Banking, Finance and Investment | Finance | Finance Economics | Finance and investment services | Finance, property and business services

Related Links