Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10005309528
"I propose here the psychological attraction theory of financial regulation - that regulation is the result of psychological biases on the part of political participants - voters, politicians, bureaucrats, and media commentators; and of regulatory ideologies that exploit these biases. Some key...
Persistent link: https://www.econbiz.de/10005309565
"In this paper, we shed further light on cross-sectional predictors of stock return performance. Specifically, we explore whether the cross-section of expected stock returns is robust within stock groups sorted by past monthly return. We find that the book/market and momentum effects are...
Persistent link: https://www.econbiz.de/10005309552
"We analyse frameworks that link corporate governance and firm values to governing boards' social networks and innovations in technology. Because agents create social networks with individuals with whom they share commonalities along the dimensions of social status and income, among other...
Persistent link: https://www.econbiz.de/10005309567
"We study one-year post-listing prices and returns to equity issuing ADRs that listed in the US between January 1991 and October 2000. ADRs from countries that impose restrictions on capital flows are priced at a premium to their home market ordinaries. While the mean premium for the full sample...
Persistent link: https://www.econbiz.de/10005334938
"I provide a synthesis of the Behavioural finance literature over the past two decades. I review the literature in three parts, namely, (i) empirical and theoretical analyses of patterns in the cross-section of average stock returns, (ii) studies on trading activity, and (iii) research in...
Persistent link: https://www.econbiz.de/10005693149