Behavioral finance studies the application of psychology to finance, with a focus on
individual-level cognitive biases. I describe here the sources of judgment and decision …

Corporate culture is an omnibus term that includes many elements that are relevant to a firm,
like norms, values, knowledge, and customs. Economists have made great progress recently …

This study examines star and poor funds belonging to fund families in Saudi Arabia,
Pakistan, Indonesia, and Malaysia from 2007–2020. The analysis is divided into two parts …

This study investigates the relationship between cash flow uncertainty and stock price crash
risk. Using a large sample of firms from 22 countries, we find that a higher cash flow …

Abstract Information, which can arrive in multiple forms, is a fundamental component of all
financial transactions and markets. We define hard and soft information and describe the …

We study the introduction of a wealth-management robo-adviser that constructs portfolios
tailored to investors' holdings and preferences. Adopters are similar to non-adopters in terms …

In this survey, we review the voluminous body of literature on the measurement and the
determinants of financial literacy. Wherever possible, we supplement existing findings with …

We present a systematic review of research conducted on culture in finance journals,
accompanied by bibliometric summary analysis. We summarize publication and citation …

ABSTRACT I discuss a new intellectual paradigm, social economics and finance—the study
of the social processes that shape economic thinking and behavior. This emerging field …

Stories about corporate social responsibility have become very frequent over the past
decade, and managers can no longer ignore their impact on firm value. In this paper, we …