As part of the Brown Bag Seminars, Lisa Hillmann (WHU) gave a presentation on April 12, 2022 on the topic „The effect of limited tax loss carryforwards on corporate investment”. This presentation was part of the TRR Brown Bag series.
Hartmann, Jochen, Pelster, Matthias, Sievers, Sönke (2022): Can the market identify prosperous activist engagements? Evidence from announcement and long-term buy-and-hold returns, TAF Working Paper Nr. 66.
TAF Research Seminar
On January 25, 2022, Stefan Zeisberger (Radboud University, Netherlands and University of Zurich, Switzerland) presented the paper "What is Risk? How Investors Perceive Risk in Return Distributions" at the TAF Research Seminar.
Most textbook finance literature assumes risk to be the standard deviation of returns (volatility), which is not only used by academics but also financial advisors, regulators and more. The paper…