Proximity Bias in Investors' Portfolio Choice - Ted lindblom... - Librairie Eyrolles
Tous nos rayons

Déjà client ? Identifiez-vous

Mot de passe oublié ?

Nouveau client ?

CRÉER VOTRE COMPTE
Proximity Bias in Investors' Portfolio Choice
Ajouter à une liste

Librairie Eyrolles - Paris 5e
Indisponible

Proximity Bias in Investors' Portfolio Choice

Proximity Bias in Investors' Portfolio Choice

Ted lindblom (author)|taylan mavruk (author)|stefan sjögren (author)

283 pages, parution le 17/10/2017

Résumé

Ted Lindblom is a Professor at the School of Business, Economics and Law at the University of Gothenburg, Sweden. His current research focuses on bank regulation and corporate finance with a particular focus on corporate governance, capital budgeting and financial structure decisions.

Taylan Mavruk is an Assistant Professor of Business Administration in Finance at the School of Business, Economics and Law at the University of Gothenburg, Sweden. His research focuses on empirical portfolio choice, home bias, local bias, and insider trading.

Stefan Sjögren is an Associate Professor in the Department of Business Administration at the School of Business, Economics and Law, at the University of Gothenburg, Sweden. His research interests cover a broad range of corporate finance issues and include publications on valuation, capital structure, venture capital, capital budgeting, deregulation, law and finance and efficiency measurem

ent.

Chapter 1: Investor portfolio choice and portfolio theory.- Chapter 2: Decision-making-Rational, Bounded or Behaviorally biases.- Chapter 3: Market efficiency and the standard asset pricing models used to test market efficiency.- Chapter 4: The Financial Behavior of Individual Investors.- Chapter 5: The Measurement of Proximity Bias.- Chapter 6: Motives and Reasons for Proximity bias.- Chapter 7: Local Bias and Capital Structure.- Chapter 8: Local news and active trading.- Chapter 9: Portfolio rebalancing by individual investors and flight to safety.- Chapter 10. The relation between local bias, international home bias and financial sophistication.- Chapter 11: Conclusions and implications.

This book helps readers understand the widely documented distortion in the portfolio choice of individual investors toward proximate firms - the proximity bias phenomenon. First, it recapitulates the fundamentals of modern portfolio theory. It then goes on to describe and demonstrate different approaches on how to measure proximity bias and identifies and examines potential motives and reasons for such a bias. In addition, the book presents new analysis on the financial effects of individual investors' proximity bias, explaining and contributing with possible policy implications on their portfolio distortion. This book will be of interest to students and researchers, as well as decision-makers in business firms and households.

1st Edition 2017th editionIllustrationsHG4529.5Portfolio management.1EnglandBasingstoke9783319547626|9783319547633Ted Lindblom, Taylan Mavruk, Stefan Sjögren.

Caractéristiques techniques

  PAPIER
Éditeur(s) Palgrave
Auteur(s) Ted lindblom (author)|taylan mavruk (author)|stefan sjögren (author)
Parution 17/10/2017
Nb. de pages 283
Format 148 x 21
Poids 524g
EAN13 9783319547619

Avantages Eyrolles.com

Livraison à partir de 0,01 en France métropolitaine
Paiement en ligne SÉCURISÉ
Livraison dans le monde
Retour sous 15 jours
+ d'un million et demi de livres disponibles
satisfait ou remboursé
Satisfait ou remboursé
Paiement sécurisé
modes de paiement
Paiement à l'expédition
partout dans le monde
Livraison partout dans le monde
Service clients sav@commande.eyrolles.com
librairie française
Librairie française depuis 1925
Recevez nos newsletters
Vous serez régulièrement informé(e) de toutes nos actualités.
Inscription