Matches in SemOpenAlex for { <https://semopenalex.org/work/W2324571002> ?p ?o ?g. }
- W2324571002 abstract "Thaler and De Bondt [1985] demonstrate that investors may overreact to economic events. Studying investor overreaction to economic events has been a popular research topic in finance. However, investor overreaction to certain firm characteristics during economic events has not received sufficient attention. In this article, we study investor overreaction to firm technical insolvency and bankruptcy risks in the 2008 stock market crash. We demonstrate that firms with high technical insolvency and bankruptcy risks lost more value relative to other firms in the 2008 crash. However, these firms gained more value relative to other firms in the post-crash market reversal, implying that investors overreacted to technical insolvency and bankruptcy risks in the 2008 crash. Although firms with a high bankruptcy risk also lost more value in the 1987 stock market crash, these firms did not gain more value relative to other firms in the post-crash market reversal, implying that there was no investor overreaction to bankruptcy risk in the 1987 crash." @default.
- W2324571002 created "2016-06-24" @default.
- W2324571002 creator A5035921168 @default.
- W2324571002 creator A5044903591 @default.
- W2324571002 creator A5062646279 @default.
- W2324571002 creator A5070037349 @default.
- W2324571002 date "2013-05-31" @default.
- W2324571002 modified "2023-09-27" @default.
- W2324571002 title "Investor Overreaction to Technical Insolvencyand Bankruptcy Risks in the 2008Stock Market Crash" @default.
- W2324571002 cites W141645883 @default.
- W2324571002 cites W1988425354 @default.
- W2324571002 cites W1995834279 @default.
- W2324571002 cites W2013037245 @default.
- W2324571002 cites W2043619364 @default.
- W2324571002 cites W2048997388 @default.
- W2324571002 cites W2064815850 @default.
- W2324571002 cites W2065601052 @default.
- W2324571002 cites W2144487825 @default.
- W2324571002 cites W2166215547 @default.
- W2324571002 cites W3020973247 @default.
- W2324571002 cites W3121302911 @default.
- W2324571002 cites W3121465794 @default.
- W2324571002 cites W3124704554 @default.
- W2324571002 cites W3125100392 @default.
- W2324571002 cites W3125933001 @default.
- W2324571002 cites W2064526738 @default.
- W2324571002 cites W2888808751 @default.
- W2324571002 doi "https://doi.org/10.3905/joi.2013.22.2.008" @default.
- W2324571002 hasPublicationYear "2013" @default.
- W2324571002 type Work @default.
- W2324571002 sameAs 2324571002 @default.
- W2324571002 citedByCount "0" @default.
- W2324571002 crossrefType "journal-article" @default.
- W2324571002 hasAuthorship W2324571002A5035921168 @default.
- W2324571002 hasAuthorship W2324571002A5044903591 @default.
- W2324571002 hasAuthorship W2324571002A5062646279 @default.
- W2324571002 hasAuthorship W2324571002A5070037349 @default.
- W2324571002 hasConcept C10138342 @default.
- W2324571002 hasConcept C106159729 @default.
- W2324571002 hasConcept C119857082 @default.
- W2324571002 hasConcept C144133560 @default.
- W2324571002 hasConcept C151730666 @default.
- W2324571002 hasConcept C162324750 @default.
- W2324571002 hasConcept C183469790 @default.
- W2324571002 hasConcept C199360897 @default.
- W2324571002 hasConcept C202552767 @default.
- W2324571002 hasConcept C2776291640 @default.
- W2324571002 hasConcept C2777209242 @default.
- W2324571002 hasConcept C2780299701 @default.
- W2324571002 hasConcept C2780762169 @default.
- W2324571002 hasConcept C41008148 @default.
- W2324571002 hasConcept C4163816 @default.
- W2324571002 hasConcept C504631918 @default.
- W2324571002 hasConcept C556758197 @default.
- W2324571002 hasConcept C73283319 @default.
- W2324571002 hasConcept C86803240 @default.
- W2324571002 hasConceptScore W2324571002C10138342 @default.
- W2324571002 hasConceptScore W2324571002C106159729 @default.
- W2324571002 hasConceptScore W2324571002C119857082 @default.
- W2324571002 hasConceptScore W2324571002C144133560 @default.
- W2324571002 hasConceptScore W2324571002C151730666 @default.
- W2324571002 hasConceptScore W2324571002C162324750 @default.
- W2324571002 hasConceptScore W2324571002C183469790 @default.
- W2324571002 hasConceptScore W2324571002C199360897 @default.
- W2324571002 hasConceptScore W2324571002C202552767 @default.
- W2324571002 hasConceptScore W2324571002C2776291640 @default.
- W2324571002 hasConceptScore W2324571002C2777209242 @default.
- W2324571002 hasConceptScore W2324571002C2780299701 @default.
- W2324571002 hasConceptScore W2324571002C2780762169 @default.
- W2324571002 hasConceptScore W2324571002C41008148 @default.
- W2324571002 hasConceptScore W2324571002C4163816 @default.
- W2324571002 hasConceptScore W2324571002C504631918 @default.
- W2324571002 hasConceptScore W2324571002C556758197 @default.
- W2324571002 hasConceptScore W2324571002C73283319 @default.
- W2324571002 hasConceptScore W2324571002C86803240 @default.
- W2324571002 hasLocation W23245710021 @default.
- W2324571002 hasOpenAccess W2324571002 @default.
- W2324571002 hasPrimaryLocation W23245710021 @default.
- W2324571002 hasRelatedWork W1522577694 @default.
- W2324571002 hasRelatedWork W1533109496 @default.
- W2324571002 hasRelatedWork W1536859229 @default.
- W2324571002 hasRelatedWork W1547123937 @default.
- W2324571002 hasRelatedWork W1550177377 @default.
- W2324571002 hasRelatedWork W1590905493 @default.
- W2324571002 hasRelatedWork W1802918056 @default.
- W2324571002 hasRelatedWork W1815079858 @default.
- W2324571002 hasRelatedWork W2372767570 @default.
- W2324571002 hasRelatedWork W2796222331 @default.
- W2324571002 hasRelatedWork W2992205484 @default.
- W2324571002 hasRelatedWork W3006187600 @default.
- W2324571002 hasRelatedWork W3033769529 @default.
- W2324571002 hasRelatedWork W3036427794 @default.
- W2324571002 hasRelatedWork W3122288260 @default.
- W2324571002 hasRelatedWork W3123777411 @default.
- W2324571002 hasRelatedWork W3135959405 @default.
- W2324571002 hasRelatedWork W3163696924 @default.
- W2324571002 hasRelatedWork W3183463722 @default.
- W2324571002 hasRelatedWork W7445874 @default.
- W2324571002 isParatext "false" @default.
- W2324571002 isRetracted "false" @default.