<P>周老师为了方便大家的学习，特吩咐提供文献的电子版供大家参考。</P>
<P>（因为比较多，故分批上传）</P>
<P align=center><B>现代金融理论前沿推荐文献（二）

</B>
<P>
<P align=center><B> </B><B>——</B><B>行为公司金融文献选读</B><B>
<P></B>
<P>
<P align=center><B>中国人民大学经济学院 周业安


<P></B>
<P>
<P align=center>
<P>
<P>
<P><B>一、 </B><B>行为经济学基础


<P></B>
<P>
<P align=left>1、Kahneman, D. “Maps of Bounded Rationality: Psychology for Behavioral Economics”,AMERICAN ECONOMIC REVIEW, December 2003, p.1449-1475.中文参见《比较》第13辑，第17－51页。


<P>
<P>
<P align=left>2、Kahneman, D., Tversky, A. “Prospect theory: An analysis of decision under risk”,Econometrica, v47 n2, March 1979, p.263-91.


<P>
<P>
<P align=left>3、史莱佛，2003，《并非有效的市唱—行为金融学导论》，第一章。


<P>
<P>
<P align=left>
<P>
<P>
<P align=left><B>二、 </B><B>行为公司金融——融资决策


<P></B>
<P>
<P align=left>1、Baker, Malcolm and Jeffrey Wurgler (2002), “Market Timing and Capital Structure,” Journal of Finance 57: 1-32.


<P>
<P>
<P>2、Baker, Malcolm, Joshua Coval and Jeremy C. Stein (2004), “Corporate Financing Decisions When Investors Take the Path of Least Resistance,” Harvard working paper.


<P>
<P>
<P>
<P>
<P>
<P align=left><B>三、 </B><B>行为公司金融——投资决策（一）


<P></B>
<P>
<P>1、Stein, Jeremy C. (1996), “Rational Capital Budgeting in an Irrational World,” Journal of Business 69: 429-455.


<P>
<P>
<P>2、Heaton, J.B. (1998), “Managerial Optimism and Corporate Finance,” Financial Management.


<P>
<P>
<P>3、Bertrand, Marianne and Antoinette Schoar, (2003) “Managing with Style: The Effect of Managers on Firm Policies,” Quarterly Journal of Economics 118:1169-1208.


<P>
<P>
<P>
<P>
<P>
<P><B>四、 行为公司金融——投资决策（二）</B>
<P>
<P>
<P>1、Baker, Malcolm, Jeffrey Wurgler and Jeremy C. Stein (2003), “When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms,” Quarterly Journal of Economics118: 969-1005.


<P>
<P>
<P>2、Malmendier, Ulrike and Geoff Tate, (2004) “CEO Overconfidence and Corporate Investment,”Journal of Finance, forthcoming.


<P>
<P>
<P>3、Gervais， Simon,J. B. Heaton, and Terrance Odean, 2002, "The Positive Role of Overconfidence and Optimism in Investment Policy,"Finance Department, <st1:PlaceName w:st="on">Wharton</st1:PlaceName> <st1:PlaceType w:st="on">School</st1:PlaceType>, <st1:place w:st="on"><st1:PlaceType w:st="on">University</st1:PlaceType> of <st1:PlaceName w:st="on">Pennsylvania</st1:PlaceName></st1:place>,working paper.


<P>
<P>
<P>
<P>
<P>
<P><B>五、 行为公司金融——股利政策


<P></B>
<P>
<P align=left>1、Shefrin, Hersh and Meir Statman, 1984, Explaining investor preference for cash dividends,Journal of Financial Economics 13, 253-282.


<P>
<P>
<P align=left>2、Baker, Malcolm and Jeffrey Wurgler (2004), “A Catering Theory of Dividends,” Journal of Finance, 3: 1125-1165.


<P>
<P>
<P align=left>
<P>
<P>
<P align=left><B>六、 行为公司金融——首发


<P></B>
<P>
<P align=left>1、Loughran, Tim, and Jay R. Ritter (2002) “Why don’t issuers get upset about leaving money on the table in IPOs?” <I>Review of Financial Studies </I>15, 413-443.


<P>
<P>
<P align=left>2、Ljungqvist, A., V. Nanda, and R. Singh, 2004, Hot Markets, Investor Sentiment, and IPO Pricing, Journal of Business, forthcoming.


<P>
<P>
<P align=left>
<P>
<P>
<P align=left><B>七、 行为公司金融——并购（一）


<P></B>
<P>
<P>1、Shleifer, Andrei and Robert Vishny (2003), “Stock Market Driven Acquisitions,” Journal of Financial Economics 70: 295-311. 中文参见史莱佛，2003。


<P>
<P>
<P>2、Friedman, John, (2004), “Stock Market Driven Acquisitions: Theory and Evidence,” Harvard working paper. (Awaiting the paper from John)


<P>
<P>
<P>
<P>
<P>
<P><B>八、 行为公司金融——并购（二）


<P></B>
<P>
<P>1、Roll, Richard (1986), “The Hubris Hypothesis of Corporate Takeovers,” Journal of Business 59:197-216.


<P>
<P>
<P>2、Malmendier, Ulrike and Geoff Tate, (2004) “Who Makes Acquisitions? A Test of the Overconfidence Hypothesis,” Stanford working paper.


<P>
<P>
<P>
<P>
<P>
<P><B>九、 行为公司金融－公司治理和金融决策


<P></B>
<P>
<P>1、Willianmson, O.E.(1988), “Corporate Finance and Corporate Governance,”Journal of Finance43: 567-92.中文参见李维安和张俊喜（主编），《公司治理前沿（经典篇）》，中国财政经济出版社，2004。


<P>
<P>
<P align=left>2、<FONT face="Times New Roman">Morck</FONT>，<FONT face="Times New Roman"> Randall</FONT>，<FONT face="Times New Roman">2004</FONT>，“<FONT face="Times New Roman">Behavioral Finance in Corporate Governance-Independent Directors and Non-Executive Chairs</FONT>”，<FONT face="Times New Roman">Harvard Institute of Economic Research</FONT>，<FONT face="Times New Roman">Discussion Paper Number 2037</FONT>，<FONT face="Times New Roman">Harvard University. http://post.economics.harvard.edu/hier/2004papers/2004list.html


<P></FONT>
<P>

</P>

[此贴子已经被作者于2005-4-4 12:42:09编辑过]