Review of Behavioral Finance: Volume 9 Issue 1

The accuracy of spread decomposition models in capturing informed trades: Evidence from the London Stock Exchange and behavioural implications

Andros Gregoriou, Mark Rhodes

The purpose of this paper is to examine the empirical relationship between trades undertaken by informed agents (managers) and the proxies for informed trades computed by bid-ask…

Investor behavior: hedge fund returns and strategies

Andres Bello, Jan Smolarski, Gökçe Soydemir, Linda Acevedo

The purpose of this paper is to investigate to what extent hedge funds are subject to irrationality in their investment decisions. The authors advance the hypothesis that…

CEO pay slice and firm value: evidence from UK panel data

Valentina V. Tarkovska

The purpose of this paper is to examine the relationship between CEO pay slice (CPS) – the fraction of the top five executive directors’ total compensation that is captured by the…

Managerial decision horizon and real estate investment trusts (REITs)

Kenneth Yung, Diane DeQing Li, Yi Jian

The purpose of this paper is to examine the effects of managerial decision horizon (MDH) on real estate investment trust (REIT) behavior and performance.

Perception of past portfolio returns, optimism and financial decisions

Mohammad Tariqul Islam Khan, Siow-Hooi Tan, Lee-Lee Chong

The purpose of this paper is to examine the relationships among perception of past portfolio returns, optimism and financial decisions.