fair value information better serves investors' needs, because it is more likely to facilitate the incorporation of the …-professional investors' processing of fair value information for liabilities. Design/methodology/approach – A between-subjects laboratory … experiment indicate that non-professional investors are less likely to acquire the information of credit risk changes when …

Purpose – The purpose of this study is to examine the market-timing ability of mutual fund flows and how fund investors … that incorporates both market return timing and market volatility timing. The asset allocation pattern of fund investors … is to an extent an asset fire sale. Research limitations/implications – The study results show that fund investors on the …

the context of the heterogeneous nature of institutional investors. Design/methodology/approach – Similar to prior studies … (e.g. Ke and Ramalingegowda; Ramalingegowda and Yu), this paper obtains institutional investors' trading classifications … analyst coverage and the change in the number of heterogeneous institutional investors. Findings – The findings suggest that …

to earnings in firm valuation by investors in the UK market, especially when earnings are extreme and cash flow is …

Purpose – The purpose of this paper is to examines empirically whether national and international investors in the …

study is motivated by contemporary research that provides support for the hypothesis that investors have limited attention …. Prior studies have focused on how investors' limited attention has influenced their analysis of firm-specific financial data …. The studies have shown that investors may have limited attention and hence pay more attention to the more salient …

Purpose – The purpose of this paper is to examines empirically whether national and international investors in the …

decreased in the post‐Sarbanes Oxley Act period. Practical implications – This paper has implications for investors and …