While traditional finance focuses on the tools used to optimize return and minimize risk, this
book explains how psychology can affect our decisions more than financial theory. Covering …

The general level of optimism/pessimism in society is reflected by the emotions of financial
decision-makers. Because these emotions are correlated across economic participants, our …

We document strong positive correlation between changes in institutional ownership and
returns measured over the same period. The result suggests that either institutional investors …

We review the field of behavioral finance ak it relates to investors. Specifically, we-examine
commořTīīīēstment mistakes caused by an investor's cognitive and emotional weaknesses …

A definitive guide to the growing field of behavioral finance This reliable resource provides a
comprehensive view of behavioral finance and its psychological foundations, as well as its …

Using brokerage account data from China, we study investment decision making in an
emerging market. We find that Chinese investors make poor trading decisions: the stocks they …

This study shows that international firms listing their shares on the New York Stock Exchange
(NYSE) or the London Stock Exchange (LSE) experience a significant increase in visibility, …

We examine the operating performance of Thai firms after they go public. Overall, we find
that their performance declines. We then explore the relationship between managerial …

This study investigates the trading behavior of institutional and individual investors around
both firm-specific news releases in the Wall Street Journal and macro-economic …

The typical new start-up firm acquires external financing in stages through its development.
Researchers have frequently examined the later stages of financing; however, they have …