This paper examines investors’ reference point and satisfaction. We demonstrate that investors’ reference point and satisfaction are heavily affected by stock and market returns. Using an experimental design, we analyze ...

In this paper, I use the government ownership to build an adjusted factor model for stocks in China’s stock market. Two methods are used to build the government ownership factor. The empirical results show that the adjusted ...

Asset-Backed securities (ABSs) have dominated the U.S. financial markets between the period of the late 90s and 2007; the start of the financial crisis. This was due to the rise of subprime mortgage lending within the U.S. ...

This paper investigates whether bitcoin as an investment asset offers diversification benefits, more specific whether bitcoin has hedge or safe haven properties. Bitcoin is a decentralized digital cryptographic currency ...

For the past 3 decades in interest in Corporate Social Responsibility (CSR) has grown tremendously. The research on this topic has focused in many directions but always ended up with contradictory results. The purpose ...

This study examines the role of the last financial crisis on the firm-specific determinants and different sectors of capital structure on firms in the US and Thailand. Specifically, I investigate whether there is a change ...

This thesis sets out to find the risk-free asset. In the literature, this concept is often seen as a given and operationalized by government bond yields. This thesis first deconstructs the theoretical concept of the risk-free ...

This paper analyses the effect of visual attention on perceived risk, expected return, and willingness to invest. Conventionally, standard deviation of returns is seen as the measure for risk. However, more recently other ...

What are the future return expectations of investors after experiencing a gain or loss in the financial market? In this research is the demonstration of no difference in future return beliefs and trading behaviour in a ...

This paper gives a comprehensive analysis of the difference in financial exposure towards the Euro Area and towards the US of global investors. It finds that, although the US is by far the number 1 destination of foreign ...