Behavioral Corporate Finance: A Survey
Behavioral Corporate Finance: A Survey ArXiv ID: ssrn-1294473 “View on arXiv” Authors: Unknown Abstract Research in behavioral corporate finance takes two distinct approaches. The first emphasizes that investors are less than fully rational. It views managerial fi Keywords: behavioral finance, corporate finance, irrational investors, managerial decision-making, agency theory, Corporate Equity Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 1.5/10 Quadrant: Philosophers Why: The paper is a survey of theoretical models and empirical challenges in behavioral corporate finance, with no original mathematical derivations or backtesting, relying instead on conceptual frameworks and literature review. flowchart TD A["Research Goal: Investigate how behavioral biases affect corporate financial decisions"] --> B{"Methodology: Literature Review & Theoretical Framework"} B --> C["Data: Empirical studies on market anomalies & managerial actions"] C --> D["Process: Analyze Investor Irrationality & Managerial Decision-Making"] D --> E["Outcomes: Integrated Model of Behavioral Corporate Finance"] E --> F["Key Findings: Biases influence equity issuance, M&A, & CEO compensation"]