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Individualism and Momentum Around the World
16 references·16 citing·41 second hopsampled
Individualism and Momentum Around the World (2005)Individualism and Momentum Around the Wor…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…What Works in Securities Laws? (2006)What Works in Securities Laws?Overconfidence and Speculative Bubbles (2003)Overconfidence and Speculativ…Profitability of Momentum Strategies: An Evaluation of Alternative Explanations (2001)Profitability of Momentum Str…Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies (2000)Bad News Travels Slowly: Size…Overconfidence and Excess Entry: An Experimental Approach (1999)Overconfidence and Excess Ent…Is there a universal need for positive self-regard? (1999)Is there a universal need for…A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)A Unified Theory of Underreac…Volume, Volatility, Price, and Profit When All Traders Are Above Average (1998)Volume, Volatility, Price, an…Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Psychology and Secur…International Momentum Strategies (1998)International Momentum Strate…Automatic Lag Selection in Covariance Matrix Estimation (1994)Automatic Lag Selection in Co…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…Culture and the Self: Implications for Cognition, Emotion, and Motivation (1991)Culture and the Self: Implica…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…A model of investor sentiment /A model of investor sentiment…Collectivist Cultures and the Emergence of Family Firms (2022)Collectivist Cultures and the…Cryptocurrencies as an Asset Class: An Empirical Assessment (2017)Cryptocurrencies as an Asset …Man vs. Machine: Comparing Discretionary and Systematic Hedge Fund Performance (2016)Man vs. Machine: Comparing Di…On the determinants of pairs trading profitability (2015)On the determinants of pairs …The information content of analyst recommendation revisions — Evidence from the Chinese stock market (2014)The information content of an…On the Explanations for the Gross Profitability Effect: Insights from International Equity Markets (2014)On the Explanations for the G…Momentum is really short-term momentum (2014)Momentum is really short-term…Influence of National Culture on Accounting Conservatism and Risk Taking in the Banking Industry (2013)Influence of National Culture…The Global Relation between Financial Distress and Equity Returns (2012)The Global Relation between F…CEO Tournaments: A Cross-Country Analysis of Causes, Cultural Influences and Consequences (2012)CEO Tournaments: A Cross-Coun…Currency Momentum Strategies (2011)Currency Momentum StrategiesExplaining asymmetric volatility around the world (2010)Explaining asymmetric volatil…Success in Global Venture Capital Investing: Do Institutional and Cultural Differences Matter? (2009)Success in Global Venture Cap…Sentiment and Momentum (2009)Sentiment and MomentumCultural Values and Corporate Risk-Taking (2009)Cultural Values and Corporate…Mars-Venus Marriages: Culture and Cross-Border M&A (2005)Mars-Venus Marriages: Culture…A circumplex model of affect. (1980)Culture's Consequences: International Differences in Work-Related Values. (1983)Motivation and Personality (1997)The Emerging Field of Emotion Regulation: An Integrative Review (1998)Subjective well-being: Three decades of progress. (1999)The weirdest people in the world? (2010)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)On Persistence in Mutual Fund Performance (1997)Does the Stock Market Overreact? (1985)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)Continuous Auctions and Insider Trading (1985)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)The Problem of Social Cost (1960)Crime and Punishment: An Economic Approach (1968)Law and Finance (1998)Finance and Growth: Theory and Evidence (2004)Law, finance, and economic growth in China (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Common risk factors in the returns on stocks and bonds (1993)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Judgment under Uncertainty: Heuristics and Biases (1975)In Search of Attention (2011)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)MONEY, INCOME, AND CAUSALITY (1972)Generalized autoregressive conditional heteroskedasticity (1986)Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation (1991)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Individualism and Momentum around the World (2010)Sentiment During Recessions (2012)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)The Cross‐Section of Volatility and Expected Returns (2006)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)
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References

  • 1991Culture and the Self: Implications for Cognition, Emotion, and Motivation21,977 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1998Investor Psychology and Security Market Under‐ and Overreactions5,711 cited
  • n.d.A model of investor sentiment /4,073 cited
  • 1999A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets4,018 cited
  • 1994Automatic Lag Selection in Covariance Matrix Estimation3,242 cited
  • 2006What Works in Securities Laws?2,787 cited
  • 2000Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies2,639 cited
  • 2001Profitability of Momentum Strategies: An Evaluation of Alternative Explanations2,445 cited
  • 1999Is there a universal need for positive self-regard?2,247 cited
  • 2003Overconfidence and Speculative Bubbles2,227 cited
  • 1999Overconfidence and Excess Entry: An Experimental Approach2,226 cited
  • 1998Volume, Volatility, Price, and Profit When All Traders Are Above Average

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1,980 cited
  • 1998International Momentum Strategies1,813 cited
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    • 2010Explaining asymmetric volatility around the world45 cited
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