Board Governance and Investment Sensitivity to Stock Price: International Evidence
Hamdi Driss This paper examines the effect of board governance on investment efficiency. I use the staggered enactment of board reforms in... Learn More
Assimilation Effects in Financial Markets
Eliezer Fich and Guosong Xu An assimilation bias occurs when people’s evaluative judgement is positively influenced by a previously observed signal. We... Learn More