Douwens-Zonneveld, M.G.

confidence forecast market prof.dr analyst return earning promotor stock *** level management share company confidence firms investor error value industry dividend decision change capital investment asset effect sample table result equity overconfidence performance measure research period impact stock returns price difference indicator model behavior market value information journal variable leverage sentiment manager score coefficient degree surprise regression roic mv chapter theory observation prof.dr.ir investor sentiment relation ratio forecast error analysis acquisition finance factor order underreaction confidence sample characteristic share buybacks optimism financing forecast errors heuristic figure payout number momentum