approach, security expected returns are determined by both risk and misvaluation. This survey sketches a framework for understanding decision biases, evaluates the a priori arguments and the capital market evidence bearing on the importance of investor psychology for security prices, and reviews recent models. The best plan is . . . to profit by the folly of others. — Pliny the Elder, from John Bartlett, comp. Familiar Quotations, 9th ed. 1901. IN THE MUDDLED DAYS BEFORE THE RISE of modern finance
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Journal of Financial Economics 49 (1998) 283—306 Market efficiency, long-term returns, and behavioral finance Eugene F. Fama* Graduate School of Business, University of Chicago, Chicago, IL 60637, USA Received 17 March 1997; received in revised form 3 October 1997 Abstract Market efficiency survives the challenge from the literature on long-term return anomalies. Consistent with the market efficiency hypothesis that the anomalies are chance results, apparent overreaction to information is
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Weak- Form Market Efficiency of Dhaka Stock Exchange (DSE), Bangladesh ABU TAHER MOLLIK Economics & Finance, Regional School of Business, Faculty of Law and Management, La-Trobe University, Bendigo, VIC 3550, Australia. Email:abumollik@yahoo.com.au; a.mollik@latrobe.edu.au M KHOKAN BEPARI PhD Student School of Commerce and Marketing Faculty of Arts, Business, Informatics and Education Central Queensland University, Australia Email: k.bepari@cqu.edu.au; khokan552@yahoo.com Phone:+610402917968
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means to them and what it takes to innovate effectively within their respective sectors (Kay and Goldspink 2012a, 2012b). In combination, these three studies show there is a very real role for the board in the stewardship of innovation. This role changes with circumstances and the sector, and, like most aspects of governance, is best achieved by working as a team with the executive of the organisation. ” In combination, these three studies show there is a very real role for the board in the stewardship
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writers; rather, the design of an HR system is a complex and iterative process.’ 3 Chapter outline Introduction p.38 Strategic management p.38 Strategic human resource management p.45 Human resource strategy models p.49 Evaluating strategic human resource management and models of human resources strategy p.56 Dimensions of strategic human resource management p.59 International and comparative strategic human resource management p.61 Chapter objectives After studying this chapter
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some writers; rather, the design of an HR system is a complex and iterative process.’ 3 Chapter outline Introduction p.38 Strategic management p.38 Strategic human resource management p.45 Human resource strategy models p.49 Evaluating strategic human resource management and models of human resources strategy p.56 Dimensions of strategic human resource management p.59 International and comparative strategic human resource management p.61 Chapter objectives After studying this chapter, you should
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Journal of Computational Science 2 (2011) 1–8 Contents lists available at ScienceDirect Journal of Computational Science journal homepage: www.elsevier.com/locate/jocs Twitter mood predicts the stock market Johan Bollen a,∗,1 , Huina Mao a,1 , Xiaojun Zeng b a b School of Informatics and Computing, Indiana University, 919 E. 10th Street, Bloomington, IN 47408, United States School of Computer Science, University of Manchester, Kilburn Building, Oxford Road, Manchester M13 9PL, United
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South Carolina Social Studies Academic Standards Mick Zais, Ph.D. State Superintendent of Education South Carolina Department of Education Columbia, South Carolina State Board Approved Document – August 18, 2011 Contents Acknowledgments.......................................................................................................................... iii Introduction ...................................................................................................................
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contract, which create transaction costs. The trade-off between these two forces pins down the size of productive teams across sectors in each country. Under free trade, the country where teams are larger specializes in the more complex goods. In our model, it is the country where the product of institutional quality and human per worker capital is larger. Hence, better institutions and more educated workers are complementary sources of comparative advantage in the more complex industries. © 2009
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product that sold to the global market, while the import is bought from the global market. In most countries, international trade represents an important share of gross domestic product (GDP). One of the Asian economies most open to international trade is Vietnam and it has been currently
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