information. It is postulated that such management may lead to mispricing errors by investors who make incorrect adjustments for … lower earnings quality. Findings – The evidence suggests that investors possess idiosyncratic perceptions toward earnings … management. Investors of income-decreasing firms tend to under-adjust for analyst optimism, while investors of income …

surveyed a large group of US-based, well-informed, individual investors, members of the American Association of Individual … Investors. The survey respondents included both those who invest according to SRI principles, and those with no interest in SRI … differences, additional efforts must be made to convince wealthier and male investors of the merits of socially responsible …

Purpose – The purpose of this paper is to examine the order strategies of investors, in particular their use of … this natural experiment and use bootstrapping methods and regression analyses to examine investors' use of intermarket … sweep orders. Findings – The results show that investors use intermarket sweep orders, a unique type of liquidity …

offers a unique picture on investors' portfolio rebalancing and trading behavior. We propose an integrated framework that …

Purpose – Prior studies examining the relation between the shareholdings by institutional investors and firm value have … investors into institutions that have appointed a representative to the board of directors of the firms in which they have a … representation. Findings - The results of the study suggest that share ownership by investors with board representation is positively …

effective monitoring. The wealth effects of poison pills, however, are negatively related to pressure-sensitive investors …

. Findings – Institutional investors influence executive compensation at banks with the impact being most pronounced for the CEO …. Ownership by the top five investors is associated with greater total compensation. Active investors have the strongest impact on … grey investors influence compensation but to a less significant extent than active investors. Research limitations …

Purpose – The purpose of this paper is to investigate whether mutual fund investors can make effective cash flow timing …-weighted average monthly returns and geometric average monthly returns is used to evaluate investors' timing ability. Findings – The … (poorly) in the following year, and investors' timing performance is negatively related to fund performance. The results also …