We study the trading behavior of investors in an entire stock market. Using an account level dataset of all trades on the Istanbul Stock Exchange in 2005, we identify investors with similar trading behavior as linked in an empirical investor network (EIN). Consistent with the theory of information networks, we find that central investors earn higher returns and trade earlier than peripheral inv…
Why do security analysts issue overly positive recommendations? We propose a novel approach to distinguish strategic motives (e.g., generating small-investor purchases and pleasing management) from nonstrategic motives (genuine overoptimism). We argue that nonstrategic distorters tend to issue both positive recommendations and optimistic forecasts, while strategic distorters "speak in two tongu…
We test a frog-in-the-pan (FIP) hypothesis that predicts investors are inattentive to information arriving continuously in small amounts. Intuitively, we hypothesize that a series of frequent gradual changes attracts less attention than infrequent dramatic changes. Consistent with the FIP hypothesis, we find that continuous information induces strong persistent return continuation that does not…
Includes bibliographies, index and tables
Steve Case—a pioneer who made the Internet part of everyday life—was on the leading edge of a revolution in 1985 when he co-founded AOL, the first Internet company to go public and the most successful business of the 1990s. Back then Case was an entrepreneur in an industry that hadn’t really been invented yet, but he had a sense how dramatically the Internet would transform business and s…
Huddles—informal gatherings of two or more individuals, convened to discuss substantive issues regarding the work of one or more of the participants—are a form of social interaction that can play a critical role in the learning of organizational actors. We identify their defining properties and propose a multi-level framework for understanding the participant- and huddle-level factors that …
Includes index
Laporan magang ini ditulis untuk membahas evaluasi terhadap prosedur audit teknologi informasi yang dilakukan oleh KAP XYZ terhadap salah satu fitur yang akan dirilis oleh PT BCD pada produk bank digital Bank Mobile, yaitu Onboarding Webview di aplikasi mitra Bank sebagai saluran promosi yang memungkinkan calon nasabah untuk membuka rekening Bank Mobile di dalam aplikasi mitra Bank tersebut. Se…
Laporan magang ini disusun untuk mengevaluasi penerapan pengendalian internal pada siklus pendapatan PT MKL. Evaluasi dilakukan dengan menentukan kesesuaian pengendalian internal yang telah diterapkan oleh PT MKL dengan kerangka pengendalian internal siklus pendapatan yang telah dipaparkan oleh Romney dan Steinbart (2021). Secara keseluruhan, semua tahapan pada siklus pendapatan PT MKL telah me…
This study provides meta-analytic estimates of the antecedents and consequences of feedback-seeking behavior (FSB). Clear support was found for the guiding cost/benefit framework in the feedback-seeking domain. Organizational tenure, job tenure, and age were negatively related to FSB. Learning and performance goal orientation, external feedback propensity, frequent positive feedback, high self-…
Includes index and tables
Research on human capital as a source of competitive advantage has focused largely on firm employees. In this article, we argue that outside directors? general human capital can also be a source of competitive advantage. Firm performance is likely to benefit from directors? human capital?that is, their prior experience and education?because such human capital is likely to make them more effecti…
The authors integrate the employee proactivity, information exchange, and psychological safety perspectives to develop a model of individual creativity. Proactive employees prepare themselves with resources in anticipation of effecting changes. The authors propose that proactive employees seek informational resources through exchanging with others in the workplace. Information exchange, in turn…
Includes bibliographies & index
Includes index
The amount of product and service information available to B2B customers—reports, blogs, display ads, email marketing, and more—has become overwhelming, leading to indecision and a sharply reduced likelihood of making a substantive purchase. The best reps have turned this conundrum into a prime selling opportunity. Above all else, they help buyers make sense of the information they’ve enc…
Includes bibliographies and index
Includes bibliography & index.
.
Includes bibliographies and index