2010•Zhongguo ruankexueRequires access

Behavioral Corporate Finance:A Synthesis and Implications in China

Wei Cui

Open publisher page 0 citations

Abstract

This paper reviews theories and evidences related to behavioral corporate finance.It describes the interactions between investors and managers of the firm,and summaries the theoretical models,analysis and empirical evidence from investors' irrationality and managers' irrationality perspective respectively.It offers intuitive and realistic explanations for capital budgeting decisions,capital structure decisions,dividend policies and etc.It also sheds lights on the solutions of the more complicated problems within and without the firm.

About this research paper

What this paper is about

This paper reviews theories and evidences related to behavioral corporate finance.It describes the interactions between investors and managers of the firm,and summaries the theoretical models,analysis and empirical evidence from investors' irrationality and managers' irrationality perspective respectively.It offers intuitive and realistic explanations for capital budgeting decisions,capital structure decisions,dividend policies and etc.It also sheds lights on the solutions of the more complicated problems within and without the firm.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This paper reviews theories and evidences related to behavioral corporate finance.It describes the interactions between investors and managers of the firm,and summaries the theoretical models,analysis and empirical evidence from investors' irrationality and managers' irrationality perspective respectively.It offers intuitive and realistic explanations for capital budgeting decisions,capital structure decisions,dividend policies and etc.It also sheds lights on the solutions of the more complicated problems within and without the firm.

Key concepts: Irrationality, Corporate finance, Dividend, Behavioral economics, Perspective (graphical), Capital structure, Economics, Dividend policy

Related papers

Back to paper searchBrowse research topicsOriginal source
Behavioral Corporate Finance:A Synthesis and Implications in China — Research Paper | ScholarLens