tailieunhanh - INVESTMENT PERFORMANCE AND INVESTOR BEHAVIOR

In practice, the two defining characteristics of the codes are their topical coverage and the specificity of the underlying recommendations. An example of a very comprehensive instrument might be the Belgian Code on Corporate Governance (2004). Not only does it cover the same topic areas as the Principles, it also provides supplementary interpretations and concrete guidance for their In an alternative model, the TSE Principles of Corporate Governance (2004), also modelled on the OECD Principles, are broader and less concrete in terms of issues for companies to address. The subsequent issuance of a TSE Code of Conduct may. | Investment Performance and Investor Behavior Wilbur G. Lewellen Ronald c. Lease Gary G. Schlarbaum STOR The Journal of Financial and Quantitative Analysis Volume 14 Issue 1 Mar. 1979 29-57. Stable URL http sici sici 0022-1090 28197903 2914 3Al 3C29 3AIPAIB 3B2-H Your use of the JSTOR archive indicates your acceptance of JSTOR s Terms and Conditions of Use available at http about . JSTOR s Terms and Conditions of Use provides in part that unless you have obtained prior permission you may not download an entire issue of a journal or multiple copies of articles and you may use content in the JSTOR archive only for your personal non-commercial use. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. The Journal of Financial and Quantitative Analysis is published by University of Washington School of Business Administration. Please contact the publisher for further permissions regarding the use of this work. Publisher contact information may be obtained at http joumals . The Journal of Financial and Quantitative Analysis 1979 University of Washington School of Business Administration JSTOR and the JSTOR logo are trademarks of JSTOR and are Registered in the . Patent and Trademark Office. For more information on JSTOR contactjstor-info@. 2002 JSTOR http Sat Jun 22 00 19 24 2002 JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS Vol. XIV No. 1 March 1979 pp. 29-57 INVESTMENT PERFORMANCE AND INVESTOR BEHAVIOR Wilbur G. Lewellen Ronald c. Lease and Gary G. Schlarbaum The operation and characteristics of the American securities markets have long been major preoccupations of financial research especially during the last decade. Particular attention has been devoted to the question of whether there exist investment strategies or investing entities capable of producing consistently .