the influence of public companies' financial performance on Tobin's q as a common measure of investment opportunity for … function should be different for different investment styles. For this reason, we composed two sets of financial ratios that … believe that investment decisions' successfulness depends on the reliability of the issuer's financial statements. In our …

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …

investor from birth. Second, we show that an investor's hedging demands as well as behavioral biases explain investment style … related to investment style. Investors with adverse macroeconomic experiences (e.g., growing up during the Great Depression or …

A bottom-up measure of aggregate investment plans, namely, aggregate expected investment growth (AEIG) can negatively …-varying risk premium. These findings lend support to neoclassical models with investment lags …

Consistent with neoclassical models with investment lags, we find that a bottom-up measure of aggregate investment … plans, namely, aggregate expected investment growth, negatively predicts future stock market returns. with an adjusted in … suggest that the predictive ability of aggregate expected investment growth is more likely to be driven by the time …