Aggregate Investment and Investor Sentiment

186 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Firm Life Cycle, Corporate Risk Taking, and Investor Sentiment (2017, unknown): “Prior research on managerial risk-taking behaviour also confirmed that managerial risk taking propensities vary depending on the state of the economy (Arif and Lee, 2014; Mclean and Zhao, 2014).”
Manager sentiment and stock returns (2019, background): “Results in the first row of Panel B show that investor sentiment SBW is significantly and positively correlated with contemporaneous aggregate investment growth IGt , confirming the findings in Arif and Lee (2014). The remaining rows in Panel B provide evidence that, similar to manager sentiment, th”
Overnight Returns and Firm-Specific Investor Sentiment (2018, unknown): “1Studies include those by Arif and Lee (2014), Baker and Wurgler (2006), Brown and Cliff (2004), (2005), Brown, Christensen, Elliott, and Mergenthaler (2012), Gao and Suss (2015), Huang, Jiang, Tu, and Zhou (2015), Lee, Shleifer, and Thaler (1991), Lemmon and Portniaguina (2006), Ljungqvist, Nanda,…”
Expectations and Investment (2015, unknown): “Arif and Lee (2014) use accounting data to show that high aggregate investment precedes earnings disappointments, and argue that fluctuations in investor sentiment account for the evidence. Finally, Greenwood and Hanson (2015) study specifically the shipping industry, and find evidence of boom-bust ”