1,720,996 research outputs found
Do Corporations Invest Enough in Environmental Responsibility?
Corporate environmental responsibility, Corporate financial performance, Causality, Corporate social responsibility,
Finance for Normal People: How Investors and Markets Behave
Finance for Normal People teaches behavioral finance to people like you and me - normal people, neither rational nor irrational. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. The book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status. It teaches financial facts and human behavior, including making cognitive and emotional shortcuts and avoiding cognitive and emotional errors such as overconfidence, hindsight, exaggerated fear, and unrealistic hope. And it guides us to banish ignorance, gain knowledge, and increase the ratio of smart to foolish behavior on our way to what we want.These lessons of behavioral finance draw on what we know about us-normal people-including our wants, cognition, and emotions. And they draw on the roles of these factors in saving and spending, portfolio construction, returns we can expect from our investments, and whether we can hope to beat the market. Meir Statman, a founder of behavioral finance, draws on his extensive research and the research of many others to build a unified structure of behavioral finance. Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency.https://scholarcommons.scu.edu/faculty_books/1361/thumbnail.jp
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Competition in the pharmaceutical industry ::the declining profitability of drug innovation /
What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions
Combining the new field of behavioral finance with the real world of investing, this engaging new book explores the mind-sets and motivations behind the major money decisions--and most common mistakes―that investors make every day. With insider\u27s insight, and a storyteller\u27s voice, behavioral finance expert Meir Statman reveals What Investors Really Want . . . Investors want bigger profits with lower risks. How our desire for free investment lunches can leave us with no lunches. Investors want to play and win. How our desire to win the investment game can turn us into losersInvestors want to save money for tomorrow and spend it today. How we struggle between spending too much and spending too little. Investors want status, respect, and social responsibility. How to know what\u27s really important in life. Investors do not want to face financial losses. How to recognize and confront the regret that accompanies losses.
You\u27ll also learn how age, gender, genetics, and personality affect your investment decisions and how people of different countries and cultures think about risks and returns, poverty, and wealth. You\u27ll discover how behavioral finance provides key insights into the behavior that has rocked investment markets in recent years. And, most important, you\u27ll learn to recognize the desires, thoughts, and emotions that drive your own investment decisions--so you can drive better on your road to investment success.https://scholarcommons.scu.edu/faculty_books/1153/thumbnail.jp
Competition in the pharmaceutical industry the declining profitability of drug innovation
Competition in the Pharmaceutical Industry: The Declining Profitability of Drug Innovation
Behavioral Finance: The Second Generation
Behavioral finance presented in this book is the second-generation of behavioral finance. The first generation, starting in the early 1980s, largely accepted standard finance’s notion of people’s wants as “rational” wants—restricted to the utilitarian benefits of high returns and low risk. That first generation commonly described people as “irrational”—succumbing to cognitive and emotional errors and misled on their way to their rational wants. The second generation describes people as normal. It begins by acknowledging the full range of people’s normal wants and their benefits—utilitarian, expressive, and emotional—distinguishes normal wants from errors, and offers guidance on using shortcuts and avoiding errors on the way to satisfying normal wants. People’s normal wants include financial security, nurturing children and families, gaining high social status, and staying true to values. People’s normal wants, even more than their cognitive and emotional shortcuts and errors, underlie answers to important questions of finance, including saving and spending, portfolio construction, asset pricing, and market efficiency.https://scholarcommons.scu.edu/faculty_books/1467/thumbnail.jp
A Wealth of Well-Being: A Holistic Approach To Behavioral Finance
Unravel the complex relationship between finances and life well-being
In A Wealth of Well-Being: A Holistic Approach to Behavioral Finance, Professor Meir Statman, established thought leader in behavioral finance, explores how life well-being, the overarching aim of individuals in the third generation of behavioral finance, is underpinned by financial well-being, and how life well-being extends beyond financial well-being to family, friendship, religion, health, work, and education.
Combining recent scientific findings by scholars in finance, economics, law, medicine, psychology, and sociology with real-life stories at the intersection of finances and life, this book allows readers to clearly see how finances are intertwined with life well-being. In this book, readers will learn: How dating, marriage, widowhood, and divorce are all affected by finances and affect them Why the relationship between parents, grandparents, children, and friends changes as finances fluctuate How finances affect choices of education, such as colleges, and how these choices vary across different cultures around the worldhttps://scholarcommons.scu.edu/faculty_books/1637/thumbnail.jp
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