Finance /desautels/taxonomy/term/913/all en How do stocks react to extreme market events? Evidence from Brazil /desautels/channels/news/how-do-stocks-react-extreme-market-events-evidence-brazil-286294 <p><strong>Authors</strong>: Pedro Piccoli,<strong> Mo Chaudhury</strong>, Alceu Souza</p> <p><strong>Publication</strong>: <span><em>Research in International Business and Finance</em>, </span><span>Vol. 42, December 2017</span></p> <p><strong><span>Abstract:</span></strong></p> Thu, 29 Mar 2018 16:18:52 +0000 thao.nguyen3@mail.mcgill.ca 68560 at /desautels Stock overreaction to extreme market events /desautels/channels/news/stock-overreaction-extreme-market-events-269575 <p><strong>Authors:</strong> Pedro Piccolia, <strong>Mo Chaudhury</strong>, Alceu Souza and Wesley Vieirada Silvaa</p> <p><strong>Publication:<em> </em></strong><em>The North American Journal of Economics and Finance</em>, Vol. 41, July 2017</p> <p><strong>Abstract:</strong></p> <p>The paper investigates the behavior of individual US stocks during the 21 trading days following the event of extreme movement in the market index on a day.</p> Thu, 17 Aug 2017 13:21:59 +0000 julie.lapalme@mcgill.ca 67737 at /desautels Overreaction to extreme market events and investor sentiment /desautels/channels/news/overreaction-extreme-market-events-and-investor-sentiment-267442 <p><strong>Authors:</strong> Piccoli, P., <strong>Chaudhury, M. </strong></p> <p><strong>Publication: </strong><em>Applied Economics Letters</em></p> <p><strong>Abstract: </strong></p> Fri, 31 Mar 2017 16:38:38 +0000 thao.nguyen3@mail.mcgill.ca 67298 at /desautels Canada is not facing a mortgage crisis /desautels/channels/news/canada-not-facing-mortgage-crisis-283376 <p>The Laurentian Bank of Canada recently revealed that they will have to buy back up to $300 million in loans issued to clients, realising that its vetting practices were not applied thoroughly enough.</p> <p>Nevertheless, experts, such as Desautels Professor <strong>Mo Chaudhury</strong>, maintain that these issues are not rampant in the Canadian banking system and that the country is not on the brink of a mortgage crisis comparable to what unfolded in the U.S.   </p> Tue, 12 Dec 2017 20:46:17 +0000 julie.lapalme@mcgill.ca 68169 at /desautels Volatility and expected option returns: A note /desautels/channels/news/volatility-and-expected-option-returns-note-286292 <p><strong>Authors: Mo Chaudhury</strong></p> <p><strong>Publication:</strong> <em>Economics Letter</em>, Vol. 152, March 2017</p> <p><strong>Abstract:</strong></p> <p>We show analytically that the relationship between asset volatility and expected option return is ambiguous. Numerical results elaborate how the direction and magnitude of the relationship depend on asset beta and volatility levels, and option moneyness and maturity.</p> Thu, 29 Mar 2018 16:14:39 +0000 thao.nguyen3@mail.mcgill.ca 68559 at /desautels Banks turn to selfies to simplify identity verification /desautels/channels/news/banks-turn-selfies-simplify-identity-verification-324443 <p>Banks have turned to selfies for facial recognition to help simplify identity verification methods. Professor <b>Mo Chaudhury </b>joins <i>Bank Innovation </i>to discuss the prospects and risks of facial recognition technology in mortgage applications.</p> <p><a href="https://bankinnovation.net/allposts/biz-lines/lending/united-trust-bank-is-using-selfies-for-identity-verification/" target="_blank">Read more</a></p> Thu, 10 Sep 2020 19:01:30 +0000 angela.l.williams@mcgill.ca 76326 at /desautels When the index fund bubble pops /desautels/channels/news/when-index-fund-bubble-pops-300494 <p>Professor <strong>Mo Chaudhury</strong> weighs in on the market risks caused by the growing popularity of index funds.</p> <p><a href="https://www.lapresse.ca/affaires/finances-personnelles/201909/07/01-5240296-les-fonds-indiciels-vont-ils-faire-capoter-les-marches.php" target="_blank">Read more</a></p> Tue, 10 Sep 2019 20:40:41 +0000 angela.l.williams@mcgill.ca 74800 at /desautels Desautels professor on Bangladesh Government’s bank-deposits tax /desautels/channels/news/desautels-professor-bangladesh-governments-bank-deposits-tax-268549 <p>In a recent piece for <em>The Daily Star</em>, Desautels professor <strong>Mo Chaudhury</strong> calls the tax on bank deposits in the Government of Bangladesh’s 2017-18 budget a bad call, and gives six examples that outline exactly why. He acknowledges the ongoing budgetary challenges faced by the country, but counters that taxing bank deposits may send savers towards stocks, real-estate or even the black market, which will just compound the problem.</p> Thu, 08 Jun 2017 14:48:12 +0000 julie.lapalme@mcgill.ca 67532 at /desautels Corruption, accountability and a bridge in Bangladesh /desautels/channels/news/corruption-accountability-and-bridge-bangladesh-266661 <p>Desautels Faculty of Management Finance Professor Mo Chaudhury writes for <em>The</em> <em>Daily Star</em> that the court case surrounding the Padma Bridge project in Bangladesh —which has snared the World Bank, SNC-Lavalin and the Bangladeshi government —has only served to highlight the need for greater accountability across the board in large development projects.</p> <p>In the piece, Chaudhury goes on to make the point that an acquittal in a case like Padma Bridge does not hold much water when most of the players have image problems and allegations of corruption to contend with. </p> Tue, 28 Feb 2017 16:24:46 +0000 thao.nguyen3@mail.mcgill.ca 67192 at /desautels Small investors change the game, but it won’t last /desautels/channels/news/small-investors-change-game-it-wont-last-328302 <p>Earlier this month, a Reddit-driven investor coup sent shockwaves through the market as heavily shorted stocks skyrocketed in price. Professor <strong>Mo Chaudhury</strong> weighs in on the mania, attributing the rising number of new investors to the COVID-19 pandemic.</p> <p>As free apps allow virtually anyone with a smartphone to buy and sell stocks, social networks are enabling inexperienced investors to act without performing any research or analysis. According to Chaudhury, the recent boom of shorted stocks exists inside a bubble that won’t last.</p> Fri, 05 Feb 2021 15:27:55 +0000 julie.lapalme@affiliate.mcgill.ca 79002 at /desautels Danger still looms a decade after financial crash /desautels/channels/news/danger-still-looms-decade-after-financial-crash-289613 <p>Despite improvements made to manage risk better, experts such as Desautels Professor <strong>Mo Chaudhury</strong> warn that the US financial system remains dangerously vulnerable to future crashes.</p> <p>“What is good for Wall Street and banks is not always good for the general citizenship,” explains Prof. Chaudhury.</p> <p><a href="https://theglobepost.com/2018/09/12/stocks-risk-crash/" target="_blank">Read more</a></p> Thu, 13 Sep 2018 14:53:25 +0000 angela.l.williams@mcgill.ca 73298 at /desautels Mo Chaudhury on the Rohingya crisis, Bangladesh and the West /desautels/channels/news/mo-chaudhury-rohingya-crisis-bangladesh-and-west-270422 <p>In a recent op-ed for Bangladeshi online newspaper <em>bdnews24.com</em>, Desautels Professor <strong>Mo Chaudhury</strong> explores the unfolding Rohingya humanitarian disaster in Myanmar, then outlines the corruption at the heart of the crisis and the players who stand to benefit from it.</p> Tue, 19 Sep 2017 14:08:05 +0000 thao.nguyen3@mail.mcgill.ca 67862 at /desautels Professor Chaudhury on the new Rohingya approach /desautels/channels/news/professor-chaudhury-new-rohingya-approach-270612 <p><span>In a blog post for </span><em>bdnews24.com</em><span>, Desautels professor </span><strong>Mo Chaudhury</strong><span> assesses the Bangladesh Government’s response to the humanitarian crisis in Myanmar concerning the Rohingyas, asserting that the current response contrasts with past related policy. </span></p> <p><span>Prof. Chaudhury credits this welcome change in approach to a number of factors, including a sense of national unity and responsibility that might stem from expanding wireless communication and social networks.</span></p> Tue, 26 Sep 2017 13:52:59 +0000 thao.nguyen3@mail.mcgill.ca 67896 at /desautels Opening infrastructure could encourage Canada’s pension funds to invest more domestically /desautels/channels/news/opening-infrastructure-could-encourage-canadas-pension-funds-invest-more-domestically-357950 <p>The Government of Canada is exploring ways to increase investments in the country’s pension fund equities, but doing so sacrifices returns, according to The Economist. Over the past decade, Canadian mid and small-cap stocks have returned just 3-4% each year, while U.S. stocks have seen a 13% return annually. Opening infrastructure to investment is another way to encourage pension funds to invest more of their capital domestically.</p> Mon, 15 Jul 2024 18:08:14 +0000 arsh.prakash@mcgill.ca 1194523 at /desautels ϲ-FIAM Asset Management Hackathon /desautels/channels/event/mcgill-fiam-asset-management-hackathon-357069 <h2>Developing the Next Generation of Finance Talent: Fusing Finance and Data Science, with Finance at the Forefront.</h2> Thu, 25 Apr 2024 18:20:14 +0000 john.sawaya@mcgill.ca 1130465 at /desautels