CEO (In)Activism and Investor Decisions

2020 ◽  
Author(s):  
Michael Thomas Durney ◽  
Joseph Johnson ◽  
Roshan Sinha ◽  
Donald Young
Keyword(s):  
Investor Decisions

Don’t Pitch Like a Girl!: How Gender Stereotypes Influence Investor Decisions

2017 ◽  
Vol 43 (1) ◽  
pp. 116-137 ◽  
Author(s):  
Lakshmi Balachandra ◽  
Tony Briggs ◽  
Kim Eddleston ◽  
Candida Brush
Keyword(s):  
Gender Stereotypes ◽  
Implicit Associations ◽  
Men And Women ◽  
Woman Entrepreneur ◽  
Stereotyped Behaviors ◽  
Investor Decisions

We consider the role that gender-stereotyped behaviors play in investors’ evaluations of men- and women-owned ventures. Contrary to research suggesting that investors exhibit bias against women, we find that being a woman entrepreneur does not diminish interest by investors. Rather, our findings reveal that investors are biased against the display of feminine-stereotyped behaviors by entrepreneurs, men and women alike. Our study finds that investor decisions are driven in part by observations of gender-stereotyped behaviors and the implicit associations with the entrepreneur’s business competency, rather than the entrepreneur’s sex.

scholarly journals Effects of Corporate Governance Guidelines on Investors: An Experimental Examination of Bangladeshi Investors’ Decisions

2021 ◽  
Author(s):  
◽  
ATM Tariquzzaman
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Theoretical Model ◽  
Insider Trading ◽  
Emerging Market ◽  
Governance Structure ◽  
Developed Countries ◽  
Financial Condition ◽  
The Impact ◽  
Investor Decisions

<p>The main purpose of the study is to examine whether investors assign importance to corporate governance in making investment decisions. The study involves a 2x2x2 between-participant experiment on real investors that examines the effects of corporate governance structure, financial condition and insider trading on individual investor decisions. The findings of this study extend the literature on corporate board practices and investor perceptions by providing evidence from this emerging economy that strong corporate governance has a positive impact on investor decisions. The study also confirms the findings of prior literature that financial condition of a company positively influences investor decisions. Hence, the results provide insights into the effects of strengthening corporate governance guidelines and of variation in financial condition on investor decisions. The study provides evidence that the common occurrence of illegal insider trading in the emerging market of Bangladesh does not appear to impact on investor decision making, unlike in developed countries.  The results of this study also contribute to understanding of how the quality of corporate governance impacts on decision making. It appears that governance directly impacts the perceived reliability of financial reports and trust in the board and management and that these factors fully mediate the impact on investor decision making.  The theoretical model and instrument developed for this study will be useful for further studies to explore the impact of other corporate governance factors on investor decisions. Furthermore, the theoretical model and instrument will also be useful for further studies in other developed and developing countries, particularly where insider trading is regarded by investors as being a concern and to investigate the impact of other corporate governance factors on investors and financial analysts.</p>

Investors' Use of Analysts' Recommendations

2002 ◽  
Vol 14 (1) ◽  
pp. 129-156 ◽  
Author(s):  
Ranjani Krishnan ◽  
Donna M. Booker
Keyword(s):  
Strong Form ◽  
Short Term ◽  
Additional Information ◽  
Factors Influencing ◽  
Investor Decisions

This study examines the factors influencing the decisions of investors who use analysts' recommendations to arrive at a short-term decision to hold or to sell a stock. Specifically we examine if the presence of analysts' recommendations reduces the tendency for investors to commit the disposition error, i.e., sell winning stocks too soon and hold losing stocks too long. We also examine whether the strength of supporting arguments to the analysts' recommendations affects investor decisions. Our results indicate that the presence of an analyst summary recommendation report reduces the disposition error for gains but not for losses. A strong form of the analyst summary recommendation report, i.e., one with additional information supporting the analysts' position further, reduces the disposition error for gains and also reduces the disposition error for losses.

Stacking the deck: the effects of top management backgrounds on investor decisions

2005 ◽  
Vol 27 (1) ◽  
pp. 1-25 ◽  
Author(s):  
Monica C. Higgins ◽  
Ranjay Gulati
Keyword(s):  
Top Management ◽  
Investor Decisions

Focusing on volatility information instead of portfolio weights as an aid to investor decisions

2017 ◽  
Vol 21 (2) ◽  
pp. 457-480 ◽  
Author(s):  
Christian Ehm ◽  
Christine Laudenbach ◽  
Martin Weber
Keyword(s):  
Investor Decisions
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