نتایج جستجو برای: bad news
تعداد نتایج: 65541 فیلتر نتایج به سال:
2017
Jie Cao
Bing Han
Qinghai Wang
Michael Brennan
John Griffin
Jean Helwege
David Hirshleifer
Kewei Hou
Jennifer Huang
Hao Jiang
We test the hypothesis that investment constraints in delegated portfolio management may distort demand for stocks, leading to price underreaction to news and stock return predictability. We find that institutions tend not to buy more of a stock with good news that they already overweight; they are reluctant to sell a stock with bad news that they already underweight. Stocks with good news over...
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