Showing 121 - 130 of 679,217
Persistent link: https://www.econbiz.de/10012116559
Persistent link: https://www.econbiz.de/10012036854
Persistent link: https://www.econbiz.de/10013431998
We examine the effects of limited investor attention on stock returns by using Google search volume index to measure investor attention. We also investigate whether national culture and market development have any role in this relationship. We find that the impact of investor attention on stock...
Persistent link: https://www.econbiz.de/10013334801
Persistent link: https://www.econbiz.de/10013469901
Although most of the empirical and theoretical asset pricing literature predicts a positive or no signi ficant relationship between idiosyncratic volatility and returns, Ang et al. (2006, 2009) find that high idiosyncratic volatility stocks have low returns and vice versa. We deliver further...
Persistent link: https://www.econbiz.de/10013141588
Persistent link: https://www.econbiz.de/10010400538
forecasts is found to be correlated with indicators of bias in a manner consistent with investors discounting optimistic …
Persistent link: https://www.econbiz.de/10012862149
is mainly strategic or whether it also contains an element of cognitive bias. Despite the fact that forecast errors lack … stock returns, our new tests based on selection bias (SB1 and SB2), in conjunction with an analysis of abnormal trading … volume, confirm the presence of both cognitive bias and strategic behaviour in analyst forecasts. This shows that, although …
Persistent link: https://www.econbiz.de/10013045970
Persistent link: https://www.econbiz.de/10012546161