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Book/Printed Material Behavioral corporate finance a survey

About this Item

Title

  • Behavioral corporate finance a survey

Summary

  • "Research in behavioral corporate finance takes two distinct approaches. The first emphasizes that investors are less than fully rational. It views managerial financing and investment decisions as rational responses to securities market mispricing. The second approach emphasizes that managers are less than fully rational. It studies the effect of nonstandard preferences and judgmental biases on managerial decisions. This survey reviews the theory, empirical challenges, and current evidence pertaining to each approach. Overall, the behavioral approaches help to explain a number of important financing and investment patterns. The survey closes with a list of open questions"--National Bureau of Economic Research web site.

Names

  • Baker, Malcolm (Malcolm P.)
  • Ruback, Richard S., 1954-
  • Wurgler, Jeffrey
  • National Bureau of Economic Research

Created / Published

  • Cambridge, MA : National Bureau of Economic Research, c2004.

Headings

  • -  Corporations--Finance
  • -  Organizational behavior

Notes

  • -  Title from PDF file as viewed on 1/4/2005.
  • -  Includes bibliographical references.
  • -  Also available in print.
  • -  Mode of access: World Wide Web.
  • -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

  • HB1

Digital Id

Library of Congress Control Number

  • 2005615089

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • pdf

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Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Baker, Malcolm, Richard S Ruback, Jeffrey Wurgler, and National Bureau Of Economic Research. Behavioral Corporate Finance a Survey. Cambridge, MA: National Bureau of Economic Research, 2004. Pdf. https://www.loc.gov/item/2005615089/.

APA citation style:

Baker, M., Ruback, R. S., Wurgler, J. & National Bureau Of Economic Research. (2004) Behavioral Corporate Finance a Survey. Cambridge, MA: National Bureau of Economic Research. [Pdf] Retrieved from the Library of Congress, https://www.loc.gov/item/2005615089/.

MLA citation style:

Baker, Malcolm, et al. Behavioral Corporate Finance a Survey. Cambridge, MA: National Bureau of Economic Research, 2004. Pdf. Retrieved from the Library of Congress, <www.loc.gov/item/2005615089/>.