Financial Microeconometrics

This book explores new topics in modern research on empirical corporate finance and applied accounting, especially the econometric analysis of microdata. Dubbed financial microeconometrics by the author, this concept unites both methodological and applied approaches. The book examines how quantitative methods can be applied in corporate finance and accounting research in order to predict companies getting into financial distress. Presented in a clear and straightforward manner, it also suggests methods for linking corporate governance to financial performance, and discusses what the determinants of accounting disclosures are. Exploring these questions by way of numerous practical examples, this book is intended for researchers, practitioners and students who are not yet familiar with the variety of approaches available for data analysis and microeconometrics.

This book on financial microeconometrics is an excellent starting point for research in corporate finance and accounting. In my view, the text is positioned between a narrative and a scientific treatise. It is based on a vast amount of literature but is not overloaded with formulae. My appreciation of financial microeconometrics has very much increased. The book is well organized and properly written. I enjoyed reading it.

Wolfgang Marty, Senior Investment Strategist, AgaNola AG

Examines approaches of data analysis in microeconometrics Combines theoretical debates with practical applications Gives practical examples for researchers, practitioners and students

Autorentext

Marek Gruszczy ski is a professor at the Institute of Econometrics, SGH Warsaw School of Economics, Poland. His areas of expertise include applied econometrics, microeconometrics, time series forecasting, empirical corporate finance, fundamental analysis and corporate governance. He has authored textbooks, monographs and articles, with the book Empirical Corporate Finance. Financial Microeconometrics (2012, in Polish) having been honored in his native country with the prestigious Betä award (2013). His other book Models and Forecasts of Qualitative Variables in Finance and Banking (2002, in Polish) was granted the ministerial prize.

Zusammenfassung

"The book delivers a compelling introduction and overview of FM and its many applications throughout finance and accounting. It is a distinguished starting point to explore this growing field and provides immense value for both practitioners and academics." (Matthias M. M. Buehlmaier, zbMATH 1444.91001, 2020)

Inhalt
Introduction.- Models of Financial Microeconometrics.- Modeling Financial Distress and Bankrupcy.- Accounting Research and Disclosure Microeconometrics.- The Microeconometrics of Corporate Governance.- Topics in Empirical Corporate Finance and Accounting.