Managers' Overconfidence, Risk Preference, Herd Behavior and Non-efficient Investment
With the bounded rationality hypothesis, the psychological deviation of managers often leads to non-efficient investment decision-making practices. The study examines the impact of manager’s overconfidence, risk-preference and herd behavior on non-efficient investment using the Chinese A-shares list...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | article |
| Language: | eng |
| Published: |
2019
|
| Subjects: | |
| Online Access: | https://doi.org/10.14807/ijmp.v10i1.845 |
| Country: | Brazil |
| Oai: | oai:www.ijmp.jor.br:article/845 |