scholarly journals CEO emotional bias and dividend policy: Bayesian network method

2012 ◽  
Vol 7 ◽  
pp. 1-18 ◽  
Author(s):  
Azouzi Mohamed Ali ◽  
Jarboui Anis
2012 ◽  
Vol 9 (2) ◽  
pp. 239-256 ◽  
Author(s):  
Mohamed Ali Azouzi ◽  
Anis Jarboui

This research examines the determinants of firms’ investment introducing a behavioral perspective that has received little attention in corporate finance literature. The following central hypothesis emerges from a set of recently developed theories: Investment decisions are influenced not only by their fundamentals but also depend on different factors. One factor is the biasness of any CEO to their investment, biasness depends on the cognition and emotions, because some leaders use them as heuristic for the investment decision instead of fundamentals. Keeping this in view, this paper shows how CEO emotional bias (optimism, loss aversion and overconfidence) effects the investment decisions. I will use Bayesian Network Method to examine this relation. Emotional bias has been measured by means of a questionnaire comprising several items. As for the selected sample, it has been composed of some100 Tunisian executives. Our results have revealed that the behavioral analysis of investment decision implies leader affected by behavioral biases (optimism, loss aversion, and overconfidence) adjusts its investment choices based on their ability to assess alternatives (optimism and overconfidence) and risk perception (loss aversion) to create of shareholder value and ensure its place at the head of the management team.


2012 ◽  
Vol 2 (4) ◽  
pp. 1259-1278 ◽  
Author(s):  
Mohammad Ali Azouzi ◽  
Jarboui Anis

Author(s):  
Duong Tran Duc ◽  
Pham Bao Son ◽  
Tan Hanh ◽  
Le Truong Thien

Demographic attributes of customers such as gender, age, etc. provide the important information for e-commerce service providers in marketing, personalization of web applications. However, the online customers often do not provide this kind of information due to the privacy issues and other reasons. In this paper, we proposed a method for predicting the gender of customers based on their catalog viewing data on e-commerce systems, such as the date and time of access, the products viewed, etc. The main idea is that we extract the features from catalog viewing information and employ the classification methods to predict the gender of the viewers. The experiments were conducted on the datasets provided by the PAKDD’15 Data Mining Competition and obtained the promising results with a simple feature design, especially with the Bayesian Network method along with other supporting techniques such as resampling, cost-sensitive learning, boosting etc.


2018 ◽  
Vol 51 (21) ◽  
pp. 341-346 ◽  
Author(s):  
Yalin Wang ◽  
Haibing Yang ◽  
Xiaofeng Yuan ◽  
Yue Cao

2018 ◽  
Vol 176 ◽  
pp. 521-534 ◽  
Author(s):  
Leonardo A. Sierra ◽  
Víctor Yepes ◽  
Tatiana García-Segura ◽  
Eugenio Pellicer

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