Results 11 to 20 of about 16,831 (261)
AbstractWe conduct a detailed analysis of investors in successful initial coin offerings (ICOs). The average ICO has 4700 contributors. The median participant contributes small amounts and many investors sell their tokens before the underlying product is developed.
Rüdiger Fahlenbrach, Marc Frattaroli
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“Superstitious” Investors [PDF]
Abstract We reconsider the excess volatility puzzle through the lens of a model in which agents believe they can predict dividend growth when in fact they cannot. Besides excess volatility in the time series, the model explains the value premium, and the explanatory power of the value factor.
Hongye Guo, Jessica A. Wachter
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Ricardo Alonso +1 more
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Investor feedback: impact on analyst biases and investor critical evaluation
AbstractFinancial analysts (‘sell side’) face incentives that result in biased information for investors (‘buy side’). We examine whether a feedback channel from investors to financial analysts (comparable to the broker vote system) reduces these biases and thereby enhances information efficiency.
Nigel Barradale +2 more
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This study examines the perceived usefulness of several components of the annual reports in the decision-making process of investors in making investment decisions.
Brazendra Nath Roy, Purbasha Dash
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Rationalizing Investors Choice [PDF]
Assuming that agents' preferences satisfy first-order stochastic dominance, we show how the Expected Utility paradigm can rationalize all optimal investment choices: the optimal investment strategy in any behavioral law-invariant (state-independent) setting corresponds to the optimum for an expected utility maximizer with an explicitly derived concave ...
Carole Bernard +2 more
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Political Imaginaries of the Weighted Average Cost of Capital: A Conceptual Analysis
This article analyzes the formulation of the “weighted average cost of capital” in the manuals of two of the most influential associations of financial analysts.
Horacio Ortiz
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THE TEMPORARY USE OF AGRICULTURAL LAND - SPECIFIC INSTRUMENT IN AGRICULTURAL EVENTS [PDF]
Under the terms of Article 56 (1) of the Rules for the Application of the Law on the Conservation of Agricultural Land [www.lex.bg] in the construction of sites - public property of the state or municipalities, it is possible to use land for a certain ...
G. Velkovska
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Research on the development potential of hydrogen energy industry in the three provinces of northwest China [PDF]
At present, China’s hydrogen energy industry is still in the early stage of development, showing a booming trend. By the end of 2023, China has planned nearly 400 renewable energy hydrogen projects, and the application of hydrogen energy has been ...
Guan Hongliang +4 more
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FINANCIAL RISKS OF BROKER’S ACTIVITY
Changes in the Ukrainian economy and the development of the financial market are of interest in solving the problems associated with brokerage activities.
S. Zaika +3 more
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