| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963372 | Journal of International Financial Markets, Institutions and Money | 2013 | 18 Pages |
Abstract
⺠Do social norms influence investor behavior and corporate financial policies. ⺠Hong and Kacperczyk (2009) argue that social norms prevent 'evil' outcomes. ⺠We find that both ethical and unethical stocks are influenced by social norms. ⺠Social norms exert positive pressure on both US investors and firms.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Robert B. Durand, SzeKee Koh, Manapon Limkriangkrai,