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dc.contributor.authorWang, Wenzhao
dc.date.accessioned2020-03-09T15:55:04Z
dc.date.accessioned2020-04-08T14:38:41Z
dc.date.available2020-03-09T15:55:04Z
dc.date.available2020-04-08T14:38:41Z
dc.date.issued2020-11
dc.identifier.citationWang W (2020) Institutional investor sentiment, beta, and stock returns. Finance Research Letters. 37: 101374.en_US
dc.identifier.urihttp://hdl.handle.net/10454/17748
dc.descriptionYesen_US
dc.description.abstractThis 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.isoenen_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.subjectInstitutional investor sentimenten_US
dc.subjectBeta-return relationen_US
dc.subjectCapital asset pricing model (CAPM)en_US
dc.subjectRisk-return tradeoffen_US
dc.subjectSecurity market line (SML)en_US
dc.titleInstitutional investor sentiment, beta, and stock returnsen_US
dc.status.refereedYesen_US
dc.date.Accepted2019-11-23
dc.date.application2019-11-25
dc.typeArticleen_US
dc.type.versionAccepted Manuscripten_US
dc.identifier.doihttps://doi.org/10.1016/j.frl.2019.101374
dc.date.updated2020-03-09T15:55:04Z


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