dc.description.abstract | "Nomura Professor of Finance Research Associate, NBER, ""My research and teaching interests involve corporate finance, asset pricing, and behavioral finance. Within corporate finance, my research addresses capital structure, financing ad new issues, dividend policy, capital expenditures, mergers and acquistions, and foreign direct investment, and I approach these topics from the perspective of behavioral mechanisms such as catering, market timing, and reference point thinking. Within asset pricing, my research addresses stock and bond return characteristics, investor sentiment, index-driven invenstment, benchmarking, and performance evaluation.""" | |