Cherif Guermat's Outputs (3)

Short-term versus long-term impact of managers: Evidence from the football industry (2010)
Journal Article

Studies into the impact of top manager change on organization performance have revealed inconsistent findings. Using longitudinal data over a 12-year period on football organizations, we test for the short-term and long-term effects of manager change... Read More about Short-term versus long-term impact of managers: Evidence from the football industry.

UK IPOs: Long run returns, behavioural timing and pseudo timing (2010)
Journal Article

In this paper we examine a comprehensive set of 2,499 UK IPOs launched between mid-1975 and the end of 2004. We find compelling evidence of long run under-performance that persists for between 36 and 60 months post-flotation, depending on the precise... Read More about UK IPOs: Long run returns, behavioural timing and pseudo timing.

A net beta test of asset pricing models (2010)
Journal Article

While many recent empirical studies of the CAPM have used conditional beta tests, this technique has recently been shown to have several weaknesses. Here we introduce a new, more robust, net beta test which shares a number of characteristics with con... Read More about A net beta test of asset pricing models.