Erosion of Existing Advantages

Abstract. Dispersion in investor beliefs and short-selling constraints can lead to stock market bubbles. This paper argues that firms, unlike investors, can ... Jun 26, 2024 ... General elections affect stock markets. The uncertainty around their outcome typically increases market volatility before votes are cast. Apr 2, 2024 ... The second influence route is direct, through marketing's crea- tion of market-based assets that investors anticipate will increase the brand's ... May 17, 2023 ... ... price-to-earnings ratio (P/E ratio). There are two key factors that influence a stock's performance: the profitability of the underlying ... Jan 20, 2023 ... Musk acknowledged that his tweets were subject to the same securities laws as other statements from Tesla, such as financial filings or press ... Mar 22, 2021 ... This revision video introduces the concept of shares and shareholdings. He explores the factors that influence share prices and how changes in share prices ... Jun 7, 2020 ... Overconfident investors believe that their ability to evaluate a stock is better than it truly is, and they underestimate the ability of competing investors to ... We develop a model in which dispersion of investor beliefs under short-selling constraints drives a firm's stock price above its fundamental value. ... share price. Individual brands' price-to-earnings (P/E) ratios are not ... The investment community of analysts and journalists today sees the influence ... Dec 1, 2022 ... This study investigates the effect of internal financial characteristics such as liquidity, profitability, return on assets (ROA), sales growth, and return on ...