Investors’ Overreaction and Underreaction to Bad News:Unknown and Known Bad News

碩士 === 義守大學 === 財務金融學系碩士班 === 96 === The traditional financial theory believes that investors are rational. According to the efficient market hypothesis, when investors face unknown bad news announcement, they will react to bad news immediately. However, recent study on the behavioral finance have p...

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Bibliographic Details
Main Authors: Ying-Shu Tseng, 曾盈淑
Other Authors: Liang-Chien Lee
Format: Others
Language:zh-TW
Published: 2008
Online Access:http://ndltd.ncl.edu.tw/handle/88495239189814601134