... out the first detailed analysis of the German squeeze-out offers from the announcement to the outcome of post-deal litigation, examining also the determinants of the decision to squeeze-out minority investors. Design/methodology/approach Using unique data on court rulings and compensations...

...Lisa M. Victoravich; Pisun Xu; Huiqi Gan Purpose The purpose of this paper is to examine the association between institutional investor ownership and the compensation of executives at US banks during the financial crisis period. Design/methodology/approach This paper uses a linear regression...

...Tony Chieh‐Tse Hou Purpose The purpose of this paper is to investigate whether mutual fund investors can make effective cash flow timing decisions and examine the sensitivity of these decisions to past fund performance using cash flow data at the individual fund level. Design/methodology...

...Adam Y.C. Lei; Huihua Li Purpose The purpose of this paper is to examine the order strategies of investors, in particular their use of intermarket sweep orders (ISOs), in response to a short‐lived information event. Design/methodology/approach This paper uses a natural experiment on September...

...‐conforming investor behavior was found, where Jensen's alpha is negative and significant for the faith‐based portfolio. These findings provide evidence that the sin portfolio outperforms the faith‐based portfolio relative to the market. A rolling regression technique reveals that faith‐based and sin betas...

... and if that profile is significantly different than that of a typical investor. Design/methodology/approach This study surveyed a large group of US‐based, well‐informed, individual investors, members of the American Association of Individual Investors. The survey respondents included both those who invest...

... errors by investors who make incorrect adjustments for lower earnings quality. Findings The evidence suggests that investors possess idiosyncratic perceptions toward earnings management. Investors of income‐decreasing firms tend to under‐adjust for analyst optimism, while investors of income...

... to pressure‐resistant institutions, which is consistent with effective monitoring. The wealth effects of poison pills, however, are negatively related to pressure‐sensitive investors, consistent with passivity. No empirical relation was found between ownership structure and shareholder approved amendments...

...Alireza Tourani‐Rad; Rob Beaumont; Marco van Daele; Bart Frijns; Thorsten Lehnert; Aline Muller Purpose The purpose of this paper is to investigate the impact of individual investor sentiment on the return process and conditional volatility of three main US market indices (Dow Jones Industrial...

...Farshid Navissi; Vic Naiker Purpose Prior studies examining the relation between the shareholdings by institutional investors and firm value have produced mixed results. These studies have assumed that a linear relation exists between corporate value and institutional shareholdings. The purpose...