Construct · 1 fields · 1 citations

catering theory of investment: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Behavioral finance

the theory that managers adjust real investment to cater to temporary market mispricing of their firm, investing more when the stock is overpriced.

In behavioral finance, catering theory of investment refers to the theory that managers adjust real investment to cater to temporary market mispricing of their firm, investing more when the stock is overpriced. This meaning comes from Polk (2008) in Review of Financial Studies.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how catering theory of investment sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

investment2 fields · 2 citationsjingle · one word, two constructs market3 fields · 5 citationsjingle · one word, three constructs stock2 fields · 2 citationsjingle · one word, two constructs

References

Polk, C., & Sapienza, P. (2008). The Stock Market and Corporate Investment: A Test of Catering Theory. Review of Financial Studies, 22(1), 187-217. https://doi.org/10.1093/rfs/hhn030

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct