... Licensed re-use rights only Investor sentiment Corporate investment Shareholder ownership Behavioural finance G14 G32 M41 M43 We develop a theoretical model that shows that the investment level will be jointly affected by investor sentiment and shareholder ownership structure...

... of firm-specific information and thus reduces firm-specific stock price variation (Morck et al., 2000). Behavioural finance Financial crisis Country risk National culture International financial markets Stock market volatility G01 G14 G15 F63 H1. Synchronized...

... 03 2018 © Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only Overconfidence Behavioural finance Excessive volatility Over/Underreaction Self-Attribution bias The conventional asset-pricing models rest on an important assumption...

... also the most cited from Google Scholar. Behavioural finance Anomaly Efficiency capital market Traditional finance theories are often based on the assumptions of rationality, an efficient market, and profit maximization (Fama, 1970). These theories focus on objective market situations...

... – This is the only paper to derive closed-form solutions to optimal CEO compensation when shareholders are naïvely optimistic. © Emerald Group Publishing Limited 2014 Fraud Behavioural finance CEO pay Executive compensation Options […] in the context of overvalued equity such equity-based...