Company name fluency, investor recognition, and firm value

T. Clifton Green; Russell Jame

首页> 外文期刊>Journal of financial economics >Company name fluency, investor recognition, and firm value

【24h】

Company name fluency, investor recognition, and firm value

机译：公司名称流利度，投资者认可度和公司价值

获取原文

获取原文并翻译 | 示例

掌桥外文数据库（机构版） >>

开具论文收录证明 >>

文献代查 >>

页面导航

摘要
著录项
相似文献
相关主题

摘要

Research from psychology suggests that people evaluate fluent stimuli more favorably than similar information that is harder to process. Consistent with fluency affecting investment decisions, we find that companies with short, easy to pronounce names have higher breadth of ownership, greater share turnover, lower transaction price impacts, and higher valuation ratios. Corporate name changes increase fluency on average, and fluency-improving name changes are associated with increases in breadth of ownership, liquidity, and firm value. Name fluency also affects other investment decisions, with fluently named closed-end funds trading at smaller discounts and fluent mutual funds attracting greater fund flows.

机译：心理学方面的研究表明，与类似的信息相比，人们更难于评估流利的刺激。与影响投资决策的流畅度一致，我们发现名字简短易读的公司拥有更高的所有权范围，更大的股份周转率，更低的交易价格影响以及更高的估值比率。公司名称的更改平均会提高流利度，而名称更改效率的提高与所有权范围，流动性和公司价值的增加相关。流利的名称也影响其他投资决策，流利的封闭式基金以较小的折扣交易，流利的共同基金吸引更大的资金流量。

著录项

来源
《Journal of financial economics》 |2013年第3期|813-834|共22页
作者
T. Clifton Green; Russell Jame;
展开▼
作者单位

Goizueta Business School Emory University, 1300 Clifton Rd., Atlanta, GA 30322, USA;

Australian School of Business, University of New South Wales, Gate 2 High Street, Sydney NSW 2052, Australia,Gatton College of Business and Economics, University of Kentucky, Lexington, KY 40506, USA;

展开▼
收录信息
原文格式 PDF
正文语种 eng
中图分类
关键词
Company names; Fluency; Investor recognition;

机译：公司名称;流利度;投资者认可;

相似文献

外文文献
中文文献
专利

1. Fluency Effects in Recognition Memory: Are Perceptual Fluency and Conceptual Fluency Interchangeable? [J] . Meredith Lanska, Justin M. Olds, Deanne L. Westerman Journal of experimental psychology. Learning, memory, and cognition . 2014,第1期

机译：识别记忆中的流利度：感知流利度和概念流利度是否可以互换？
2. Research about the Effect of Company Name on Investor Recognition and Company Value [J] . Yuqi Deng, Yan Zhou MATEC Web of Conferences . 2018,第3期

机译：公司名称对投资者认可度和公司价值的影响研究
3. Not enough familiarity for fluency: Definitional encoding increases familiarity but does not lead to fluency attribution in associative recognition [J] . Lloyd Marianne E., Hartman Ashley, Ngo Chi T., Memory & cognition . 2015,第1期

机译：没有足够的熟悉度来达到流利程度：定义编码会增加熟悉度，但不会导致联想识别中的流利度归因
4. Corporate Social Responsibility (CSR) and Firm Value: The role of investor sentiment in green companies listed on the IDX [C] . Intan Puspitasari, Dwi Irawati, Mahendra Galih Prasaja, International Conference on Banking, Accounting, Management and Economics . 2019

机译：企业社会责任（CSR）和公司价值：投资者情绪在IDX上列出的绿色公司中的作用
5. Are investors able to effectively use the vast amounts of information available on publicly traded companies? A decision theory approach to investor information analysis. [D] . Payne, Carolyn S. 2010

机译：投资者是否能够有效利用上市公司的大量信息？一种决策理论方法，用于投资者信息分析。
6. To Invest or Not to Invest, That Is the Question: Analysis of Firm Behavior under Anticipated Shocks [O] . Dejan Kovac, Vuk Vukovic, Nikola Kleut, 2011

机译：要投资还是不投资，这就是问题：预期冲击下的企业行为分析
7. Investor Relations, Ownership Concentration, and Company Profitability: Evidence from Chinese Listed Firms [O] . Yanhan Sun 2019

机译：投资者关系，所有权集中和公司盈利能力：来自中国上市公司的证据

Company name fluency, investor recognition, and firm value

摘要

著录项

相似文献

相关主题

期刊订阅