haku: @journal_id 63 / yhteensä: 1221
viite: 10 / 1221
| Tekijä: | Hwang, B. |
| Otsikko: | Country-specific sentiment and security prices |
| Lehti: | Journal of Financial Economics
2011 : MAY, VOL. 100:2, p. 382-401 |
| Asiasana: | investors country comparisons asset valuation international economics |
| Kieli: | eng |
| Tiivistelmä: | The effect of country-specific sentiment on security prices is studied. The results support a countrys popularity among Americans affecting US investors demand for securities from that country and causing deviation of security prices from their fundamental values. Furthermore, it is found that country popularity is positively related with the intensity of US cross-border mergers and acquisitions activity, indicating that country popularity also has an effect on firms investment decisions. |
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