Institutional investor sentiment, beta, and stock returns
| dc.contributor.author | Wang, Wenzhao | |
| dc.date.accessioned | 2020-03-09T15:55:04Z | |
| dc.date.accessioned | 2020-04-08T14:38:41Z | |
| dc.date.available | 2020-03-09T15:55:04Z | |
| dc.date.available | 2020-04-08T14:38:41Z | |
| dc.date.issued | 2020-11 | |
| dc.identifier.citation | Wang W (2020) Institutional investor sentiment, beta, and stock returns. Finance Research Letters. 37: 101374. | en_US |
| dc.identifier.uri | http://hdl.handle.net/10454/17748 | |
| dc.description | Yes | en_US |
| dc.description.abstract | This paper examines the role of institutional investor sentiment in determination of the beta-return relation. Empirical evidence documents a positive (negative) beta-return relation over bearish (bullish) periods, implying that institutional investors can also be sentiment traders. | en_US |
| dc.language.iso | en | en_US |
| dc.relation.isreferencedby | https://doi.org/10.1016/j.frl.2019.101374 | en_US |
| dc.rights | © 2019 Elsevier Inc. All rights reserved. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license. | |
| dc.subject | Institutional investor sentiment | en_US |
| dc.subject | Beta-return relation | en_US |
| dc.subject | Capital asset pricing model (CAPM) | en_US |
| dc.subject | Risk-return tradeoff | en_US |
| dc.subject | Security market line (SML) | en_US |
| dc.title | Institutional investor sentiment, beta, and stock returns | en_US |
| dc.status.refereed | Yes | en_US |
| dc.date.Accepted | 2019-11-23 | |
| dc.date.application | 2019-11-25 | |
| dc.type | Article | en_US |
| dc.type.version | Accepted Manuscript | en_US |
| dc.date.updated | 2020-03-09T15:55:04Z |
