Risk-attitudes of the NSE 500 firms—Bowman's paradox and prospect theory perspectives
This study analyses risk-attitudes of NSE 500 firms by using Bowman's (1980) paradox from Kahneman and Tversky's (1979) prospect theory perspectives. It hypothesises that below median firms incline to be risk-seeking in light of Bowman's paradoxical negative risk–return association, a...
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| Format: | Article |
| Language: | English |
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Elsevier
2017-06-01
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| Series: | IIMB Management Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389617301799 |