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Stata Dates: Conversion from one format to another

Case 1: From String to Stata format Usually, when we import data manually into the Stata Editor, the dates are shown in string format. For example, Nov202011, November202011, or  etc. We can use the gen command with date function gen newdate = date(oldDate, “MDY”)   Case 2: From daily to monthly gen monthly = mofd(daily_date)

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Find annual | monthly cumulative (product) of returns

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The problem Let’s say that we have daily stock returns. We want to convert those returns to cumulative returns for a weekly, monthly or yearly frequency. Where cumulative returns = (1+Ri1) * (1+Ri2) * (1+R3) * … (1+R4) – 1   Solution First create the weekly, monthly or year identifier, and then use asrol program.

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Research Topics in Islamic Banking and Finance

  1  How Islamic financial instruments can be used in international trade? 2  A mechanism for inter-bank transactions for Islamic and conventional banks 3  Can Sharia board play a role in the development of Islamic instruments? 4 Tawarruq as a tool of inter-bank borrowing 5  Risk management framework for Islamic banks: do we need something special? 6

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Research Topics in Finance: Earning Management

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  1  The relationship between earning management and market liquidity 1  Are top management pays and earning management practices related? 2  Can financial crisis affect earning management practices? 3  The effect of the earning transparency on cost of capital  4  The impact of leverage on accrual-based earnings management 5  Can institutional investors exploit the accrual anomaly? 6  Accrual-based and

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Research Topics in Finance | Financing / Capital Structure Choices

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In this blog post, I would like to present a list of research topics related to financing or capital structure decisions. 1  Top managers experiences and firms’ capital structure choices 1  Do macroeconomic factors affect the choice of debt /equity financing? How are small firms affected? 2  Supply of capital and debt-equity choices 3  Persistence in capital structure decisions?

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How to convert numeric date to Stata date

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Real-life data can come in a variety of formats.  In this post, I would like to show how to convert a numeric date to Stata date. The problem Let’s use an example.  Say that we have date variable in the following format and we want to convert it to Stata format. +———-+ | datevar |

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Research Topics in Finance – Corporate Governance

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1  Green governance and sustainability reporting in industries that are more likely to pollute e.g, oil, mining, gas etc 2  Do better governed firms generate more green patents? Can institutional ownership play a role? 3  Do Investors and creditors price firms social and governance risks? 4   Are family firms more concerned about governance of the firm? 5  How green growth

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Rolling window regressions in Stata

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Rolling window statistics are also known as sliding or moving window statistics. Rolling window regressions have special use in Finance and other disciplines. Rolling window calculations require lots of looping over observations. The problem is compounded by different data structures such as unbalanced panel data, data with many duplicates, and data with many missing values. Yet,

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