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Author:Holm, C.
Rikhardsson, P.
Title:Experienced and novice investors: Does environmental information influence investment allocation decisions?
Journal:European Accounting Review
2008 : VOL. 17:3, p. 537-557
Index terms:investment
investors
decision making
environment
information
Language:eng
Abstract:This paper investigates the effect of environmental information (henceforth as: env-info.) on investment decisions. Based on an experiment in which investor groups were asked to make short- and long-term investment allocation decisions (here as: inv-all-decs.), the results suggest that env-info. disclosure influences inv-all-decs. In addition, it is also found that potentially mitigating factors (e.g. investment horizon) affect inv-all-decs., but the predicted main effect of positive env-info. holds across different investment horizons and investor types etc.
SCIMA record nr: 267283
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