Review of Behavioral Finance: Volume 5 Issue 1

Managerial gambling attitudes: evidence from bank acquisitions

John A. Doukas, Wenjia Zhang

This study investigates the implications of the cumulative prospect theory in the context of US bank acquisitions, with particular emphasis on its probability weighting component…

Cash acquirers: Can free cash flow, debt and institutional ownership explain long‐run performance?

Alan Gregory, Yuan‐Hsin Wang

This paper investigates the Jensen's free cash flow (FCF) hypothesis in the context of UK cash acquisitions. Under this hypothesis, financial slack induces mangers to acquire…

The effect of US individual investor sentiment on industry‐specific stock returns and volatility

Mustafa Sayim, Pamela D. Morris, Hamid Rahman

This paper examines the effect of rational and irrational investor sentiment on the stock return and volatility of US auto, finance, food, oil and utility industries.

Why do firms cross‐list their shares on foreign exchanges? A review of cross‐listing theories and empirical evidence

Olga Dodd

Financial markets’ integration and technological advances in equity trading may have reduced the potential benefits from listing a firm's shares on a foreign exchange…

Erratum