Seminar by Dr. Rob Tumarkin
- Topic: Stocking Up: Executive Optimism and Share Retention
- Speaker: Dr. Rob Tumarkin - School of Banking and Finance, Australian School of Business, University of New South Wales
- When: 25th May, 2012, (Fri)
Our optimism measure, Share Retainer, is the weighted average of observations of this indicator. In a large cross-section, Share Retainer explains investment intensity and leverage better than previously used optimism measures. We empirically confirm several theoretical implications of the model.
To view the full paper click - Stocking Up: Executive Optimism and Share Retention