Behavioral Corporate Finance: An Updated Survey

By Malcolm P. Baker, Jeffrey Wurgler. 2011

280 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/063121d0545d87c6ab27ab0b819db31319ec86f9

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Citations in the corpus

Distracted Shareholders and Corporate Actions (2016, unknown): “While a growing literature in economics and finance studies limited attention, the impact of limited attention on corporate actions is largely unexplored (e.g., Baker and Wurgler (2012)).”
Presidential Address: The Corporation in Finance (2012, background): “…its extinction, we have seen a tremendous flourishing of the field.1 Today, behavioral theories of capital structure and financing choice (see Baker and Wurgler (2011) for a comprehensive survey) duke it out with asymmetric information and agency explanations to provide a veritable…”
Equity Market Misvaluation, Financing, and Investment (2015, background): “Put simply, does market timing occur, and how large are its effects? As surveyed in Baker and Wurgler (2012), many studies have tackled the question of the effects of equity misvaluation and investor sentiment.”
The effects of financial reporting and disclosure on corporate investment: A review (2019, background): “Broadly speaking, economic agents can have several behavioral biases such as overconfidence, limited attention, loss aversion, miscalibration, and attribution, among others (see Camerer and Malmendier, 2007; Baker and Wurgler, 2013).”
Dividends as Reference Points: A Behavioral Signaling Approach (2015, background): “More generally, our paper adds to the literature on behavioral corporate finance surveyed in Baker and Wurgler (2012). The first section reviews the relevant literature on reference-dependent utility.”