出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The driving engine of this research is to verify the stock price formation on the capital market in Romania, under the fundamental Modern Finance assumption of rational economic behavior and financial performance of the issuer, of the industry and the national economy. Moreover, our research also aims to confirm the Behavioral Finance hypothesis of non-rational and non-economic behavior, namely, excessive confidence in own expectations, concerns for equity beyond market mechanisms, the temptation towards corruption, anti-ecologic and anti-social behavior, poor understanding of inflation, a distorted feeling of reality and exaggerated emotional reaction to the emergence of new information.
