Unlike traditional asset categories (e.g., industry classifications) that are generally defined clearly, some groups of stocks are tied to a certain loosely defined “concept” (e.g., e-commerce). When investors find it difficult to analyze ambiguous concept-oriented information, information...

This study investigates the impact of investor sentiment on excess equity return forecasting. A high (low) investor sentiment may weaken the connection between fundamental economic (behavioral-based non-fundamental) predictors and market returns. We find that although fundamental variables can...

This study examines the extent to which business schools worldwide are integrating Corporate Governance Education (CGE) into their curricula and presents pedagogical suggestions for curriculum design of CGE. A study of 90 academic syllabi from courses taught at Business or Law Schools located...