投资者非理性假设下公司金融决策前沿理论评述

被引:6
作者
潘敏 [1 ]
朱迪星 [2 ]
机构
[1] 武汉大学经济与管理学院金融系
[2] 武汉大学经济与管理学院
关键词
行为公司金融; 市场时机; 迎合理论; 投资者情绪;
D O I
暂无
中图分类号
F275 [企业财务管理];
学科分类号
1202 ; 120202 ;
摘要
随着行为金融理论的逐步发展,市场错误定价的稳定存在已经得到越来越多学者的认可。本文对行为公司金融理论中投资者非理性范式下的前沿理论进行了综述,从投资和融资决策两个方面分析了面对错误时的外部市场定价行为,以及理性的财务决策者如何利用这种市场无效率来为长期股东获利,或迎合非理性投资者预期来实现自己的短期目标。
引用
收藏
页码:114 / 122+126 +126
页数:10
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