2010 № 2

Behavioral direction of a financial science: the review of behavioral factors, which influence on the russian companies market capitalization

Abstract:

The current situation on the stock markets are highly volatile, and we can see it in the constant market anomalies. So existing financial theories are not always able to explain what is happening in the market, espetially real assessment of financial assets. In this connection, we can speak of behavioral factors, which influence on the process of market value formation. These factors reveal the irrational behavior of investors in the stock market.

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Tatyana I. Demidenko — Junior Researcher, Research Institute of Rostov State Economic University (Rostov‑on‑Don, Russian Federation; e‑mail: kengary@yandex.ru).

JATS

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