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Why do firms manage their stock price levels? Building on the catering hypothesis and institutional investor preference literature, we propose a generalized catering hypothesis that managers cater their share price level to different types of investor (individual vs institutional) in order to...
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The Traditional Approach to Finance -- Behavioral Finance -- Financial Markets as Interacting Individuals: Price Formation From Models of Complexity -- A Psychological Galilean Principle for Price Movements: Fundamental Framework for Technical Analysis -- Catching Animal Spirits: Using...
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