Zusammenfassung Die häufig verwendeten Wissensabfragen zur Messung der Financial Literacy sind nur ein schwacher Prädiktor für tatsächliches Finanzverhalten. Dieser Beitrag verwendet daher Fallbeispiele als eine realitätsnahe Alternative zu Wissensabfragen, um auf die praktische Financial...

Purpose: This paper asks the question of whether more environmental uncertainty affects the design of performance measurement systems in terms of a greater variety of performance measures and whether this leads to more management satisfaction with the performance measurement system and improved...

Purpose: This study aims to examine the determinants of corporate green investments (GI) by using a series of both firm- and country-level factors. Design/methodology/approach: The authors collect information on environmental expenditures of 763 firms from 40 countries and use random effects...

Purpose: Retail investors use information provided by mutual fund rating agencies to make investment decisions. This paper aims to examine whether the ratings provide useful information to retail investors by analyzing the rating migration and closure risk of mutual funds that received...

Purpose: The purpose of this study is to analyze whether differences in market-wide levels of investor personality influence experimental asset market outcomes in terms of limit orders, price levels and price bubbles. Design/methodology/approach: Investor personality is determined by a...