The Impact of Investors' Emotional Decision Patterns on Firm Performance

Objective: The efficient market hypothesis is based on the assumption that investors behave rationally, but studies in behavioral finance have contradicted this notion. The irrationality of investor behavior can be attributed to risk in less efficient markets, which can lead them to make decisions b...

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Bibliographic Details
Main Authors: Seyed Abbas Hashemi, Alireza Rahrovi Dastjerdi, Mohammad Heydarian
Format: Article
Language:fas
Published: University of Tehran 2023-07-01
Series:تحقیقات مالی
Subjects:
Online Access:https://jfr.ut.ac.ir/article_93300_300edb472dc9f2c1f2ae364d2be741e3.pdf
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