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 …

individuals' cognitive profiles to explain investors' herding behavior. Design/methodology/approach – The authors designed and …. Findings – Results confirm that a dependence relation exists between information, investors' behavioral biases and the herding … particularly relevant to explain herding propensity among investors. The findings indicate that the cognitive profile of investors …

public/IR and the IR function, financial journalists and news reporting, and professional investors and their evaluation …

how investors value the alliance. Design/methodology/approach – The researchers collected data on marketing alliances in … the biotechnology and pharmaceutical industries. Using an empirical model, three hypotheses predicting how investors value … findings indicate that investors assign higher value to marketing alliances for firms with lower inventory liquidity and …