MOOD SWINGS AND THE FIRM SIZE PREMIUM
Evidence accumulated in the literature indicates that the size effect is related to corporate and macroeconomic variables and is paid to compensate for bearing risk. We show that the size premium is also driven by daily variations in investors’ moods. We focus on two conditions often cited as possib...
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| Format: | Article |
| Language: | English |
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University of Oradea Publishing House
2024-03-01
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| Series: | Oradea Journal of Business and Economics |
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| Online Access: | https://ojbe.steconomiceuoradea.ro/wp-content/uploads/2024/03/OJBE-91-165-176.pdf |