Individual Investors’ Learning Behavior and Its Impact on Their Herd Bias: An Integrated Analysis in the Context of Stock Trading
The efficient functioning of capital markets ensures that information on companies’ sustainable development endeavors is fully and instantly incorporated into stock prices, which facilitates them in raising capital requirements at a lower cost. It, however, is impaired when market particip...
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| Format: | Article |
| Language: | English |
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MDPI AG
2019-03-01
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| Series: | Sustainability |
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| Online Access: | http://www.mdpi.com/2071-1050/11/5/1448 |