搜索结果: 1-15 共查到“知识库 经济学 Investors”相关记录15条 . 查询时间(0.083 秒)
Investing in What You Know:The Case of Individual Investors and Local Stocks
Stocks Local Range Investment Equity
2015/5/13
This paper tests the performance of individuals' equity investments. We study over 40,000 accounts and 950,000 trades from a large discount broker. Individuals invest heavily in local stocks and put 1...
Corporate Financing Decisions When Investors Take the Path of Least Resistance
Decisions Behavior Stocks Mergers and Acquisitions Policy Investment Financial Institutions
2015/5/13
We explore the consequences for corporate financial policy that arise when investors exhibit inertial behavior. One implication of investor inertia is that, all else equal, a firm pursuing a strategy ...
What Are We Meeting For? The Consequences of Private Meetings with Investors
Management Teams Public Ownership Business and Shareholder Relations
2015/5/12
Executives of publicly-traded firms spend considerable time meeting privately with investors, despite regulation restricting their ability to convey material nonpublic information. Using a set of reco...
Shared Value and Investors Presentation.
Signaling to Partially Informed Investors in the Newsvendor Model
Design Saving Motivation and Incentives Behavior Attitudes Interest Rates
2015/4/24
We investigate a puzzling phenomenon in which firms make investment decisions that purposefully do not maximize expected profits. Using an extension to the newsvendor model, we focus on a relatively c...
Inexperienced Investors and Bubbles
Mutual Funds Behavioral Finance Experience Learning Asset Pricing Stock Price Bubble
2015/4/22
We use mutual fund manager data from the technology bubble to examine the hypothesis that inexperienced investors play a role in the formation of asset price bubbles. Using age as a proxy for managers...
Social Trust and Differential Reactions of Local and Foreign Investors to Public News
Social Trust Differential Reactions of Local
2014/3/18
This study uses the segmented dual-class shares of Chinese firms---A shares
traded inside mainland China by local investors and H shares traded in Hong
Kong by foreign investors---to analyze the d...
Game Analysis of Institutional Investors Participating in Corporate Governance
Institutional Investor Game Tunneling Effect
2013/2/19
By building a game model between the institutional investors and the management, an analysis has been conducted to uncover the influential factors that are crucial to the role switching of institution...
How news affect the trading behavior of different categories of investors in a financial market
Firm-specific news News sentiment Trading Single investors
2012/9/14
We investigate the trading behavior of a large set of single investors trad-ing the highly liquid Nokia stock over the period 2003-2008 with the aim of determining the relative role of endogenous and ...
Protecting Investors and Lessening Moral Hazard in Capital Markets by Using Mobile Communications and Internet Technologies and the Role of Central Registry Agency of Turkey
capital markets Central Registry Agency of Turkey Internet technology
2011/9/12
This paper aims to discuss and recommend security systems for protecting investors' assets against misuse or fraud by intermediary institutions when Turkish capital market transforms to dematerialized...
Schizophrenic Representative Investors
complexity representative investor deterministic behavioural
2010/10/20
Representative investors whose behaviour is modelled by a deterministic finite automaton generate complexity both in the time series of each asset and in the cross-sectional correlation when the rule ...
Complex stock trading network among investors
Econophysics limit order book trade sizes trading networks
2010/10/19
We provide an empirical investigation aimed at uncovering the statistical properties of intricate stock trading networks based on the order flow data of a highly liquid stock (Shenzhen Development Ba...
Schizophrenic Representative Investors
complexity representative investor deterministic behavioural
2010/4/28
Representative investors whose behaviour is modelled by a deterministic finite automaton generate complexity both in the time series of each asset and in the cross-sectional correlation when the rule ...
Do Domestic Firms Benefit from Geographic Proximity with Foreign Investors? Evidence from the Privatization of the Czech Glass Industry
FDI agglomeration economies panel data regional location
2009/7/17
This paper analyzes the effects of geographical proximity and agglomeration of foreign direct investors on domestic firms in the privatized glass sector in the Czech Republic. The motivation for this...
Consumption and Portfolio Rules for Time-Inconsistent Investors
Finance Consumption and portfolio rules Non-constant discounting
2010/10/29
This paper extends the classical consumption and portfolio rules model in continuous time (Merton 1969, 1971) to the framework of decision-makers with time-inconsistent preferences. The model is solve...