Search Results - "Cronqvist, Henrik"

Nature or nurture: What determines investor behavior? by Barnea, Amir, Cronqvist, Henrik, Siegel, Stephan

“…Using data on identical and fraternal twins’ complete financial portfolios, we decompose the cross-sectional variation in investor behavior. We find that a…”
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Behavioral consistency in corporate finance: CEO personal and corporate leverage by Cronqvist, Henrik, Makhija, Anil K., Yonker, Scott E.

“…We find that firms behave consistently with how their CEOs behave personally in the context of leverage choices. Analyzing data on CEOs' leverage in their most…”
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Agency Costs of Controlling Minority Shareholders by Cronqvist, Henrik, Nilsson, Mattias

“…This paper estimates the agency costs of controlling minority shareholders (CMSs), who have control of a firm's votes, while owning only a minority of the cash…”
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The choice between rights offerings and private equity placements by Cronqvist, Henrik, Nilsson, Mattias

“…We develop and test a nested logit model to examine how firms choose between a rights offering and a private equity placement. Family controlled firms avoid…”
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Shaped by their daughters: Executives, female socialization, and corporate social responsibility by Cronqvist, Henrik, Yu, Frank

“…Corporate executives managing some of the largest public companies in the U.S. are shaped by their daughters. When a firm’s chief executive officer (CEO) has a…”
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The genetics of investment biases by Cronqvist, Henrik, Siegel, Stephan

“…For a long list of investment “biases,” including lack of diversification, excessive trading, and the disposition effect, we find that genetic differences…”
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The Origins of Savings Behavior by Cronqvist, Henrik, Siegel, Stephan

“…Analyzing the savings behavior of a large sample of identical and fraternal twins, we find that genetic differences explain about 33 percent of the variation…”
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Value versus growth investing: Why do different investors have different styles? by Cronqvist, Henrik, Siegel, Stephan, Yu, Frank

“…We find that several factors explain an individual investor׳s style, i.e., the value versus growth orientation of the investor׳s stock portfolio. First, we…”
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Visual Finance: The Pervasive Effects of Red on Investor Behavior by Bazley, William J., Cronqvist, Henrik, Mormann, Milica

“…The visual communication of financial information is commonplace and involves numerous facets, including the use of color. At the same time, perception of…”
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Limited attention to detail in financial markets: Evidence from reduced-form and structural estimation by Cronqvist, Henrik, Ladika, Tomislav, Pazaj, Elisa, Sautner, Zacharias

“…We show that firm valuations fell after a key expense became more visible in financial statements. FAS 123-R required firms to deduct option compensation costs…”
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Languages and corporate savings behavior by Chen, Shimin, Cronqvist, Henrik, Ni, Serene, Zhang, Frank

“…Speakers of strong future time reference (FTR) languages (e.g., English) are required to grammatically distinguish between future and present events, while…”
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Large Shareholders and Corporate Policies by Cronqvist, Henrik, Fahlenbrach, Rüdiger

“…We analyze the effects of heterogeneity across large shareholders, using a new blockholderfirm panel dataset in which we can track all unique blockholders…”
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Do Entrenched Managers Pay Their Workers More? by CRONQVIST, HENRIK, HEYMAN, FREDRIK, NILSSON, MATTIAS, SVALERYD, HELENA, VLACHOS, JONAS

“…Analyzing a panel that matches public firms with worker-level data, we find that managerial entrenchment affects workers' pay. CEOs with more control pay their…”
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Estimating the Effects of Large Shareholders Using a Geographic Instrument by Becker, Bo, Cronqvist, Henrik, Fahlenbrach, Rüdiger

“…Large shareholders may play an important role for firm performance and policies, but identifying this empirically presents a challenge due to the endogeneity…”
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CEO contract design: How do strong principals do it? by Cronqvist, Henrik, Fahlenbrach, Rüdiger

“…We study changes in chief executive officer (CEO) contracts when firms transition from public ownership with dispersed owners to private ownership with strong…”
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The Fetal Origins Hypothesis in Finance: Prenatal Environment, the Gender Gap, and Investor Behavior by Cronqvist, Henrik, Previtero, Alessandro, Siegel, Stephan, White, Roderick E.

“…We find that differences in individuals' prenatal environments explain heterogeneity in financial decisions later in life. An exogenous increase in exposure to…”
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Design Choices in Privatized Social-Security Systems: Learning from the Swedish Experience by Cronqvist, Henrik, Thaler, Richard H.

“…Although there is a large literature in economics on the design of social-security systems, most of that literature is concerned with macroeconomic…”
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Genetics, Homeownership, and Home Location Choice by Cronqvist, Henrik, Münkel, Florian, Siegel, Stephan

“…We find that a significant proportion of the cross-sectional variation in the choice to own or rent is attributable to a genetic factor, while parental…”
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When Nudges Are Forever: Inertia in the Swedish Premium Pension Plan by Cronqvist, Henrik, Thaler, Richard H., Yu, Frank

“…To inform economists and policymakers about whether the effects of nudges are persistent in one specific context, we study the choice architecture of the…”
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Do Entrenched CEOs pay Their Workers More? by Cronqvist, Henrik, Heyman, Fredrik, Nilsson, Mattias, Svaleryd, Helena, Vlachos, Jonas

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