Prejudices and discrimination threat for efficient financial market

Prejudices about ethnicity and culture influence how and why financial markets respond to the initial public offering for companies and the valuation of the shares. In her thesis, Ivana Naumovska from the Erasmus Research Institute of Management reveals how investors allow themselves to be led by their prejudices during the initial public offering of Chinese companies, for example. Naumovska's research was funded by a Mosaic grant from NWO.

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