Hur, Jungshik; Pritamani, Mahesh; Sharma, Vivek - In: Financial Management 39 (2010) 3, pp. 1155-1176
"We hypothesize that disposition effect-induced momentum documented in Grinblatt and Han (2005) should be stronger in stocks with greater individual investors' presence since individual investors are more prone to the disposition effect. We find strong evidence for our hypothesis for a large...