Market Timing and Managerial Talent

In “Market Timing and Managerial Talent”, Keming Li’s exploration of how firms’ equity issuance strategies relate to executive talent is supported by CRSP US Stock Data. The study sheds light on how skilled managers time the market—and how that impacts shareholder value. 
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Why do some mid- and small-cap ETFs outperform others? A recent article from ETF.com highlights how benchmark index construction and methodology—especially market cap definitions—can significantly impact ETF performance. [...]
Passive Foreign Investment Companies (PFICs), as defined by the IRS, will no longer be eligible for inclusion in the CRSP US Market Indexes. [...]
Notable items with this release include: - Markets broadly rallied throughout Q2, with every Cap and Style Index posting gains over the previous 3 months. - Growth largely outperformed Value [...]
We are delighted to invite Ph.D. students, faculty members, and friends to a WRDS webinar on the newly released CRSP CIZ (Version 2) data format. [...]
CRSP Market Indexes (CRSPMI) announces the market cap breakpoints and effective ranking dates for its June 2025 quarterly index rebalancing. [...]
Using CRSP Market Indexes Methodology, CRSP Count™ tracks changes in the number of securities by market cap segments - Mega, Mid, Small and Micro - through time. [...]
We are delighted to invite Ph.D. students, faculty members, and friends to a WRDS webinar on the newly released CRSP CIZ (Version 2) data format. [...]
As communicated previously, CRSP is migrating to a new back office. This requires that subscribers migrate to the Stock & Indexes Flat File Format 2.0 (CIZ), which was made available [...]

In “Market Timing and Managerial Talent”, Keming Li’s exploration of how firms’ equity issuance strategies relate to executive talent is supported by CRSP US Stock Data. The study sheds light [...]

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