Visualizza il profilo completo di Emanuele Teti. È gratis! I tuoi colleghi, compagni di studi e oltre milioni di professionisti sono iscritti a LinkedIn. Visualizza il. Emanuele Teti. Bocconi University Milan. Verified email at Corporate E Teti, F Perrini, L Tirapelle. Journal of Management Development 33 (10). Emanuele Teti, Bocconi University, Finance Department, Department Member. Studies Cultural Heritage Management, Cultural Policy, and.
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International Journal of Entrepreneurship 17, 99 For instance, irrationality could play a key role, and diversification level could vary depending on decision making process, asset selection theories, and also on insider trading. The Capital Asset Pricing Model CAPM still represents the reference model to assess the risk and return trade-off of an asset, due to its simplicity and its explicatory strength.
In particular, analysing the historical series of more thanfactors macroeconomic, market indexes, prices etc. It sounds incredible, but it actually happens in the film industry.
International business travelers is another way of saying managers who frequently have to travel abroad for their work. Competitive strategies and value boccoin In fact, from the factorial perspective, the market could be explained as the biggest portfolio that could be built, in which all the existing factors join and diversify.
The authors hold that this conclusion represents a crucial junction with the CAPM. My profile My library Metrics Alerts. Why then has Hollywood expanded so much over the last decades, in spite of the high variance that makes the movie industry so unpredictable?
This “Cited by” count includes citations to the following articles in Scholar. The frequency distribution of box office revenues is affected by an extremely high variance. Even though the scholars have not tested the relating reasons, they believe that they can be multiple. The movie industry is among the most interesting to study from an economic and financial point of view.
To develop genuine trust between companies and their employees, transparency, personal growth, the quality of the work environment and company benefits, worktime flexibility, and the sharing of objectives are all crucial.
New citations to this author. Corporate governance and cost of equity: Journal of Management Development 34 9, emanuelle Different scholars have tried to improve the CAPM considering that equity returns are affected by a variety of factors. Journal of Management Development 33 10, An example can speak better than a thousand words: Being ready to travel on the job offers several career advantages, emaniele in Italy women face obstacles because of the country’s culture about their presumed family obligations.
Private equity and enterprise growth: Valore, impresa e sistema paese: UN PRI and private equity returns. Journal of Business Economics and Management 15 4, Articles 1—20 Show more.
It must be stressed that, although some factors have high recurrence, the level of diversification is not always optimal. Market value and corporate debt: This situation makes it possible to further reduce risk for the same return or increase return for the same risk through an optimization process first based on the diversified selection of underlying factors emznuele than asset selection. In practical terms, this means that the average revenues of a movie company are not predictors of future revenues coming from new productions.
The glamor surrounding the film industry fades away fast, if you are in the position of being a manager who has to decide in which movies to invest.
Does the market reward for going green? An offer they couldn’t refuse but probably should have: Email address for updates. If diversification were perfect, the market tehi factors should be the same as those explaining all other returns, then the market return could be – as emxnuele by the CAPM – the unique key variable, being a proxy of all the other underlying factors.
The authors have built a ranking of factors through recurrence and impact measures, and then they have formulated some assumptions behind the diversification level of investors. If you continue navigating on the site, please expressly accept the uses of these cookies. Effectiveness of employee welfare schemes: Institutions, power, and coordination across stakeholders. Andriotto and Teti have observed that in the light of the factorial analysis, many investors emznuele portfolios that are not fully diversified.
Avatar in the 00s or E. The only problem with this is that neither 20th Century Fox nor any other operator in the industry would have been able to predict that the movie by James Cameron with Leonardo Di Caprio would become a blockbuster. As a result, the factorial model does not exclude the CAPM, quite the opposite it could be e,anuele key contribution for asset pricing and asset allocation theories.
The European Economic Association, on December 6 and 7, will hold the first edition of the job market for young economists searching for a job in academia, central banks and private institutions. Journal of Management Development 34 6, Their combined citations are counted only for the first article. That there is a positive correlation between production costs and box office revenues costlier movies, involving famous actors and celebrated directors, usually sell more tickets in movie theaters.
However, in relative terms, as expressed by dispersion diagrams, there is a random causal relationship between production costs and actual returns the latter expressed as the difference between box office revenues and production costs and production costs themselves.
Emanuele Teti – Google Scholar Citations
European Journal of International Management 7 3, If you continue navigating on the site, please expressly accept the uses of these cookies. New articles related to this author’s research. And this correlation ejanuele managerial decision-making is particularly arduous in the film industry. What is the main message the analysis sends to prospective investors in the industry?
The difficult balance between risk and return E Teti Management Decision 51 4, Only this way can engagement be developed, according to Sergio Picarelli, Bocconi alumnus and manager of Adecco Group.