IMPACT OF ANCHORING BIAS ON CORPORATE PROFITS AND SHAREHOLDERS WEALTH

Behavioral Corporate Finance studies mainly concerned with irrationality in sense of overconfidence and optimism especially about the firms which are already take place in stock exchange. In this paper, I examined impacts of the fixed opinion or a common belief of the statement “I never borrow money...

Full description

Bibliographic Details
Main Author: Ibrahim Emre Karaa
Format: Article
Language:English
Published: Social Sciences Research Society 2011-07-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/2011_2/10ibrahim_emre.pdf