The Distribution of Investor Beliefs, Stock Ownership, and Stock Returns
References
- (1994) Large shareholder activism, risk sharing, and financial market equilibrium. J. Political Econom. 102(6):1097–1130.Crossref, Google Scholar
- (1997) Transactions costs and holding periods for common stocks. J. Finance 52(1):309–325.Crossref, Google Scholar
- (2006) Investor sentiment and the cross‐section of stock returns. J. Finance 61(4):1645–1680.Crossref, Google Scholar
- (2003) Style investing. J. Financial Econom. 68(2):261–199.Crossref, Google Scholar
- (1998) Blocks, liquidity, and corporate control. J. Finance 53(1):1–25.Crossref, Google Scholar
- (1997) Large shareholders, monitoring, and the value of the firm. Quart. J. Econom. 112(3):693–728.Crossref, Google Scholar
- (2022) Ownership breadth: Investor recognition or short-sale constraints? Finance Res. Lett. 47(B):102847.Crossref, Google Scholar
- (1997) On persistence in mutual fund performance. J. Finance 52(1):57–82.Crossref, Google Scholar
- (2013) Investor sentiment, disagreement, and the breadth: Return relationship. Management Sci. 59(5):1076–1091.Link, Google Scholar
- (2002) Breadth of ownership and stock returns. J. Financial Econom. 66(2–3):171–205.Crossref, Google Scholar
- (2012) What does stock ownership breadth measure? Rev. Finance 17(4):1239–1278.Crossref, Google Scholar
- (2002) Differences of opinion and the cross section of stock returns. J. Finance 57(5):2113–2141.Crossref, Google Scholar
- (2015) A five-factor asset pricing model. J. Financial Econom. 116(1):1–22.Crossref, Google Scholar
- (1973) Risk, return, and equilibrium: Empirical tests. J. Political Econom. 81(3):607–636.Crossref, Google Scholar
- (1978) Speculative investor behavior in a stock market with heterogeneous expectations. Quart. J. Econom. 92(2):323–336.Crossref, Google Scholar
- (2009) The price of sin: The effects of social norms on markets. J. Financial Econom. 93(1):15–36.Crossref, Google Scholar
- (2016) Speculative betas. J. Finance 71(5):2095–2144.Crossref, Google Scholar
- (2007) Disagreement and the stock market. J. Econom. Perspectives 21(2):109–128.Crossref, Google Scholar
- (2006) Asset float and speculative bubbles. J. Finance 61(3):1073–1117.Crossref, Google Scholar
- (1985) Continuous auctions and insider trading. Econometrica 53(6):1315–1335.Crossref, Google Scholar
- (2014) Attracting investor attention through advertising. Rev. Financial Stud. 27(6):1797–1829.Crossref, Google Scholar
- (1987) A simple model of capital market equilibrium with incomplete information. J. Finance 42(3):483–510.Crossref, Google Scholar
- (1977) Risk, uncertainty, and divergence of opinion. J. Finance 32(4):1151–1168.Crossref, Google Scholar
- (2005) Short sales, institutional investors and the cross-section of stock returns. J. Financial Econom. 78(2):277–309.Crossref, Google Scholar
- (2009) Estimating standard errors in finance panel data sets: Comparing approaches. Rev. Financial Stud. 22(1):435–480.Crossref, Google Scholar
- (2003) Overconfidence and speculative bubbles. J. Political Econom. 111(6):1183–1219.Crossref, Google Scholar
- (2013) An institutional theory of momentum and reversal. Rev. Financial Stud. 26(5):1087–1145.Crossref, Google Scholar

