Baker, Kent; De Ridder, Adri; De Vries, Annalien - In: Review of Behavioral Finance 10 (2018) 2, pp. 146-162
Purpose: The purpose of this paper is to examine whether socio-economic factors influence portfolio composition of individual investors investing in stocks for the first time and how these factors relate to stock portfolio performance. Design/methodology/approach: The study uses cross-sectional...