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| Author: | Subrahmanyam, A. |
| Title: | Behavioural finance: A review and synthesis |
| Journal: | European Financial Management
2008 : JAN, VOL. 14:1, p. 12-29 |
| Index terms: | finance financial performance market efficiency stock returns literature reviews |
| Language: | eng |
| Abstract: | This article presents a synthesis of the behavioural finance literature covering the past two decades, reviewing the literature in three parts: i. empirical and theoretical analyses of patterns in the cross-section of average stock returns ii. studies on trading activity iii. research in corporate finance. Behavioural finance is an exciting new field in presenting a number of normative implications for both individual investors and CEOs. |
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