Hospitals, Proprietary

We use daily Internet search volume from millions of households to reveal market-level sentiment. By aggregating the volume of… Expand

This research extends agency theory by exploring the influence of varied, competing, principal interests on executive actions… Expand

We relate the performance of mutual fund trades to their motivation. A fund manager who buys stocks when there are heavy investor… Expand

Preface. Acknowledgments. Part One: Introduction to the Practical Application of Behavioral Finance. Chapter 1: What Is… Expand

The ownership of German corporations is quite different today from that of Anglo-American firms. How did this come about? To what… Expand

The proposition that investors are overconfident about their valuation and trading skills can explain high observed trading… Expand

This paper examines the effects of mergers on bidding firms' stock prices. I find evidence of merger momentum: bidder stock… Expand

In this paper, we empirically investigate Canadian initial public offerings (IPOs) to provide one case on the international… Expand

We propose a theory of securities market under- and overreactions based on two well-known psychological biases: investor… Expand

This paper investigates the causes and consequences of activist block share purchases in the 1980s. We find that activist… Expand