Purpose The purpose of this paper is to review the insights provided by behavioral finance
studies conducted in the last decade (2006-2015) examining behavioral variables in …

Prior research demonstrates that a strong institutional infrastructure in a country moderates
self‐serving behavior of market participants. Cross‐country economic activities have …

Corporate tax avoidance is likely to be associated with a high level of earnings management
and with high financial opacity in the time-series. On this basis, we hypothesize that analyst …

We investigate whether voluntary disclosures of product and business expansion plans
affect analyst coverage and forecasts. We find that the level of analyst coverage is positively …

How do country‐level societal norms affect financial investments? We provide evidence that
mutual funds managed in high social capital countries are inclined to consider …

In this article we examine whether star‐analysts have better forecasting abilities than non‐
star‐analysts. Our results reveal that star‐analysts' earnings forecasts outperform their peers' …

This paper addresses the questions whether European mutual fund managers rely on sell-
side analyst information and whether this behavior impacts fund performance. Results show …

Purpose The primary goal of this study is to look at the behavioral factors that influence an
individual's decision to invest in the Pakistan Stock Exchange (PSX). Design/methodology …

We examine the relationship between intangible intensity and the accuracy of analyst
forecasts. Using an international sample of 2,200 firms during 2000–2016, we show that …

Purpose The purpose of this paper is to investigate the relationship between investors'
divergence of opinions and the asset prices of foreign stocks and also examine the effect of …