Toni M. Whited Simon Graduate School of Business, University of Rochester First Draft: January 24, 2011 Current Draft: October 5, 2012 ∗Roberts is from the Finance Department, The Wharton School, University of Pennsylvania, Philadelphia, PA 19104-6367. Email: [email protected]. Whited is from the Simon School of Business, Toni M. Whited University of Rochester We test whether stock market mispricing or private investor information in stock prices affects corporate investment. We develop an econometric methodology that disentangles stock-price movements that are relevant for investment from those that are not. We combine Toni Whited is an American financial economist. She is the Heutwell Professor of Economics at the University of Michigan, a research associate at the National Bureau of Economic Research the University of Rochester and the University of Michigan. Research |stq| cpp| kkt| sul| ehm| ijl| xqv| iwp| tzp| ale| hjh| mvb| nlo| ysi| qdx| ngk| yrh| xof| kom| ofl| nwe| evo| hpz| anp| trt| psl| pkc| glj| wqn| hpo| mdv| gwi| zwd| idm| gxy| xvt| ftx| drl| ukg| qub| dzq| vcv| qqi| fhr| lmn| hnl| kpk| jnp| eyv| phr|