UROP Project
Managerial Characteristics and Financial Practices
Contact
Key Info
Basic Information
- Project Offer-Number:
- 735
- Category:
- UROP International
- Field:
- Business Administration
- Faculty:
- 8
- Organisation unit:
- Department of Finance
- Language Skills:
- German ist not required
- Computer Skills:
- Excel
- Others:
- STATA
MoveOn
Previous literature has extensively discussed the impact of bounded rationality of investors on the financial practices in a company based on the market timing story. With our new project, we discuss how prononess of managers to certain behavioral biases such as loss aversion or ambiguity aversion would shape their decison making.
Task
The main task is to develop a theoretical model that can link managerial biases to financial decisions of a company. Subsequently, we use a large dataset to examine our hypotheses empirically.
Requirements
A strong mathematical background is required. The student should also be proficient using Excel. Basic knowledge of the statistic softwares such as STATA or SPSS is desirable but not necessary.