If you’re inclined to make bets on the stock market, you’ll be at a considerable disadvantage if you don’t have a tight grip on so called ‘investor sentiment’ – in other words a reliable way of being able to judge the current ‘mood’ of the market. But, in practice, it’s notoriously difficult to gauge accurately. […]
Comedy movies and risky stock trading – linked?
Attention stock-market followers – have you considered whether weekend comedy-movie attendance, and investment in risky stock-market assets on the following Monday might be linked? This question has been the subject of an in-depth investigation by Gabriele M. Lepori, (formerly) Assistant Professor of Finance at Copenhagen Business School, Denmark (now at Keele Management School, UK). His […]
The evasive shareholder meeting manoeuvre
“When companies move their annual meetings a great distance from headquarters, they tend to announce disappointing earnings results and experience pronounced stock market underperformance in the months after the meeting. Companies appear to schedule meetings in remote locations when the managers have private, adverse information about future performance and wish to discourage scrutiny by shareholders, […]