Abstract Subject and purpose of work: This paper explores whether herding behavior is formed according to the type investor, how long transmission occurs, identifies big reaction flow connects between investors. Materials methods: The population in this study are companies whose shares listed LQ45 index list for period January 2015 December 2017 on Indonesia Stock Exchange. To find out further ...

Investigating the performance of companies is one of the most important issues for the users of accounting information. The purpose of this study was to provide evidence about the effect of asymmetric appropriateness on investors' expectations. The results of the research on accepted companies In the Tehran Stock Exchange during the period from 2012 to 2016. To collect data, a library method wa...

I analyze the behavior of an agent (the manipulator) who makes announcements based on his private information in order to maximize the profit from short-term trades. Truthful announcement strategies can be supported with positive probability but only if investors have another source of information in addition to the manipulator’s announcement and/or if manipulation is occasionally punished. It ...

Executive Compensation and Investor Clientele Executive compensation has increased dramatically in recent times, but so has trading volume and individual investor access to financial markets. We provide a model where some managers may understate asset values through misleading statements in order to have enough of a cushion to compensate themselves. Owing to a lack of sophistication or näıveté,...

Consumption-based asset pricing models with time-separable preferences can generate realistic amounts of stock price volatility if one allows for small deviations from rational expectations. We consider rational investors who entertain subjective prior beliefs about price behavior that are not equal but close to rational expectations. Optimal behavior then dictates that investors learn about pr...

The behavior of retail investor’s is changing towards derivative market in India for the last few years and with the introduction of behavioral finance the researcher would like to capture that. The concept of behavioral finance is booming in the capital market, there is hardly any place where its concepts aren’t being applied. There is a need to grab more attention of the investor’s towards de...

This study adopts derivative pricing as an indicator of market expectations, with those results suggesting that general investors can use market expectations to predict the final settlement value of underlying assets. Most investment textbooks note that one of the major functions of futures is price discovery. Similarly, the implied volatility associated with option prices can be used to discov...