Investor Sentiment and Price Discrepancies between Common and Preferred Stocks in Korea

We examine whether investor sentiment affects price discrepancies between preferred and common stocks, based on a sample of Korean firms that issue preferred stocks. While most research has focused on corporate finance features such as voting rights, we examine price discrepancies as a behavioral fi...

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Bibliographic Details
Main Authors: Heejin Yang, Doowon Ryu
Format: Article
Language:English
Published: MDPI AG 2021-05-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/10/5539