http://adr.coalliance.org/coccc/fez/ Digital Archives of Colorado College en Fez http://blogs.law.harvard.edu/tech/rss http://adr.coalliance.org/coccc/fez/view/coccc:2611 Voluntary government programs such as ENERGY STAR have been created to promote energy efficiency within different organizations and businesses, and this study is dedicated to discovering whether or not businesses that become certified building partners with ENERGY STAR obtain a competitive advantage. Through two different methods of analysis, an observational analysis and a test of means, data on profitability ratios from twenty-five ENERGY STAR partners are examined to determine if partnering with ENERGY STAR results in a competitive advantage. 2010-01-13 11:45:44 Joiner, Thomas S., Jr. og Laux, Judith A. http://adr.coalliance.org/coccc/fez/view/coccc:2618 The current study investigates whether abnormal returns may be gained by purchasing a straddle position prior to a verdict or settlement announcement in a lawsuit. The basis for the hypothesis stems from behavioral finance - more specifically, the Overreaction Hypothesis. Using CAPM expected rates of return and comparisons of 31 lawsuit firms' straddle returns, three new straddle trading strategies are devised. Within the sample of lawsuits, abnormal returns are evident for the three strategies. The results and their implications support behavioral finance and the Overreaction Hypothesis and thus refute the Efficient Markets Hypothesis. 2010-01-13 16:22:50 Wind, Erica A. og Laux, Judith A.