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Investors' Horizons and the Amplification of Market Shocks
16 references·16 citing·34 second hopsampled
Investors' Horizons and the Amplification of Market Shocks (2013)Investors' Horizons and the Amplification…Market Liquidity and Funding Liquidity (2008)Market Liquidity and Funding …Liquidity and leverage (2008)Liquidity and leverageMonitoring: Which institutions matter? (2007)Monitoring: Which institution…The Cross‐Section of Volatility and Expected Returns (2006)The Cross‐Section of Volatili…Liquidity Risk and Expected Stock Returns (2003)Liquidity Risk and Expected S…Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Trading Is Hazardous to Your …Mutual Fund Performance: An Empirical Decomposition into Stock‐Picking Talent, Style, Transactions Costs, and Expenses (2000)Mutual Fund Performance: An E…The Influence of Institutional Investors on Myopic R&D Investment Behavior (1998)The Influence of Institutiona…Risk Taking by Mutual Funds as a Response to Incentives (1997)Risk Taking by Mutual Funds a…On Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…The Limits of Arbitrage (1995)The Limits of ArbitrageUnderstanding Risk and Return (1993)Understanding Risk and ReturnCommon risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Liquidation Values and Debt C…Noise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Corporate ESG Profiles and Investor Horizons (2026)Corporate ESG Profiles and In…Machine Learning vs. Economic Restrictions: Evidence from Stock Return Predictability (2022)Machine Learning vs. Economic…Multi-dimensional corporate social responsibilities and stock price crash risk: Evidence from China (2021)Multi-dimensional corporate s…Investor rewards to environmental responsibility: Evidence from the COVID-19 crisis (2021)Investor rewards to environme…Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections (2021)Investor Rewards to Climate R…The price effects of liquidity shocks: A study of the SEC’s tick size experiment (2020)The price effects of liquidit…Investor horizons, long-term blockholders, and corporate social responsibility (2019)Investor horizons, long-term …Influence of Social Media Emotional Word of Mouth on Institutional Investors’ Decisions and Firm Value (2019)Influence of Social Media Emo…Do fire sales create externalities? (2019)Do fire sales create external…Sentiment Metrics and Investor Demand (2018)Sentiment Metrics and Investo…Cyclical investment behavior across financial institutions (2018)Cyclical investment behavior …Covenants, Creditors’ Simultaneous Equity Holdings, and Firm Investment Policies (2018)Covenants, Creditors’ Simulta…Institutional Investor Monitoring Motivation and the Marginal Value of Cash (2017)Institutional Investor Monito…Exchange-Traded Funds (2017)Exchange-Traded FundsDo Director Elections Matter? (2015)Do Director Elections Matter?Investor Horizons and Corporate Policies (2011)Investor Horizons and Corpora…The Capital Structure Puzzle (1984)Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)Earnings management to avoid earnings decreases and losses (1997)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)A five-factor asset pricing model (2014)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)A Survey of Corporate Governance (1997)The General Theory of Employment, Interest and Money. (1936)The Behavior of Stock-Market Prices (1965)Continuous Auctions and Insider Trading (1985)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Editor's Choice Digesting Anomalies: An Investment ApproachThe Pricing of Options and Corporate Liabilities (1973)… and the Cross-Section of Expected Returns (2015)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)Credit Rationing in Markets with Imperfect Information (1981)Bank Runs, Deposit Insurance, and Liquidity (1983)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)A model of investor sentiment /Multifactor Explanations of Asset Pricing Anomalies (1996)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Investor Psychology and Asset Pricing (2001)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 2003Liquidity Risk and Expected Stock Returns5,362 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 2008Market Liquidity and Funding Liquidity5,007 cited
  • 2006The Cross‐Section of Volatility and Expected Returns4,576 cited
  • 2000Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors3,953 cited
  • 1998The Influence of Institutional Investors on Myopic R&D Investment Behavior3,013 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 2008Liquidity and leverage2,557 cited
  • 1997Risk Taking by Mutual Funds as a Response to Incentives2,295 cited
  • 2007Monitoring: Which institutions matter?1,870 cited
  • 2000Mutual Fund Performance: An Empirical Decomposition into Stock‐Picking Talent, Style, Transactions Costs, and Expenses1,854 cited

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1993
Understanding Risk and Return
1,797 cited

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  • 2022Machine Learning vs. Economic Restrictions: Evidence from Stock Return Predictability216 cited
  • 2019Investor horizons, long-term blockholders, and corporate social responsibility182 cited
  • 2017Exchange-Traded Funds181 cited
  • 2018Sentiment Metrics and Investor Demand162 cited
  • 2021Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections160 cited
  • 2019Influence of Social Media Emotional Word of Mouth on Institutional Investors’ Decisions and Firm Value159 cited
  • 2020The price effects of liquidity shocks: A study of the SEC’s tick size experiment128 cited
  • 2017Institutional Investor Monitoring Motivation and the Marginal Value of Cash103 cited
  • 2019Do fire sales create externalities?102 cited
  • 2021Multi-dimensional corporate social responsibilities and stock price crash risk: Evidence from China102 cited
  • 2018Cyclical investment behavior across financial institutions101 cited
  • 2015Do Director Elections Matter?100 cited
  • 2018Covenants, Creditors’ Simultaneous Equity Holdings, and Firm Investment Policies100 cited