Explore the vast range of titles available.

Hidden Truth takes the reader inside a Rhode Island juvenile prison to explore broader questions of how poor, disenfranchised young men come to terms with masculinity and identity. Adam D. Reich, who worked with inmates to produce a newspaper, writes vividly and memorably about the young men he came to know, and in the process extends theories of masculinity, crime, and social reproduction into a provocative new paradigm. Reich suggests that young men's participation in crime constitutes a game through which they achieve \"outsider masculinity.\" Once in prison these same youths are forced to reconcile their criminal practices with a new game and new \"insider masculinity\" enforced by guards and administrators.

We examine the relation between a measure of male CEOs' facial masculinity and financial misreporting. Facial masculinity is associated with a complex of masculine behaviors (including aggression, egocentrism, riskseeking, and maintenance of social status) in males. One possible mechanism for this relation is that the hormone testosterone influences both behavior and the development of the face shape. We document a positive association between CEO facial masculinity and various misreporting proxies in a broad sample of S&P1500 firms during 1996–2010. We complement this evidence by documenting that a CEO's facial masculinity predicts his firm's likelihood of being subject to an SEC enforcement action. We also show that an executive's facial masculinity is associated with the likelihood of the SEC naming him as a perpetrator. We find that facial masculinity is not a measure of overconfidence. Finally, we demonstrate that facial masculinity also predicts the incidence of insider trading and option backdating.

In this work, I reflexively outline my experiences of researching white, working class British male gym-users as an ethnographer. During my research process, I adhered to the definition of a level three ethnographic insider, articulated by Giazitzoglu and Payne (2018, forthcoming). Two broad questions guide this article. First, how did I managed to create a third-level insider position in the field, especially through my own embodiment and gym practices? Second, what can others learn from my experiences; particularly in relation to the practicalities of research ethics, data analysis and the emotional consequences of leaving a research-field where one has belonged?

This article offers reflection on the relationship between the researcher and the field of research, within the sport of men's boxing, which is strongly characterized by polarized oppositions: between winning and losing, success and failure, women and men and, perhaps most importantly for the researcher, 'insiders' and 'outsiders'. It is this interrelationship between 'insiders' and 'outsiders' and the embodiment, not only of the practitioners of the sport but also the embodied presence of the researcher, which is used here to explore methodological questions about the research process and debates about how the researcher is situated in relation to the research site, by addressing questions about ontological complicity that are implicated in the distinction between 'hanging out' and 'hanging about' at the gym and as part of the culture of boxing.

The study is regarding the impact of the culture on financial sustainability and the social objective of outreach to microfinance companies. The study establishes through the GMM-based dynamic panel that the power distance and the long-term orientation ha a negative impact upon the financial sustainability and outreach of microfinance companies. Moreover, the culture significantly impacts the financial inclusion of the poor. Besides, the microfinance regulation passed in 2022 leads to volatility and abnormal returns. COVID-19 also led to the abnormal returns in the stock returns of the microfinance companies. For the significance testing of the hypothesis about the abnormal returns on passing of the Microfinance Regulations Act, 2022, the CAR (Cumulative Abnormal Returns) and BHAR (Buy and Hold Abnormal Returns) have been used. Finally, the study establishes the presence of volatility and its persistence in the stock market returns during COVID-19 through the ARCH and GARCH processes.

This study aims to investigate the impact of the cultural diversity of the corporate board on stock price Informativeness. The study provides empirical evidence from Pakistan stock exchange. We examine how cultural dimensions (individualism, masculinity, power distance, and uncertainty avoidance) affect stock Informativeness. Most of the previous studies analyzed culture from an investor’s perspective, but in this study, the cultural dimensions of a corporate board are being explored. The study employs the GMM (generalized method of moment) for empirical analysis because this method eliminates the endogeneity concerns. The study considers the companies from Pakistan stock exchange’s KSE 100 index from 2009 to 2019. The cultural diversity of the board is computed after analyzing 6451 directors from 43 different countries. The results show that the corporate board's cultural diversity has significant and positive impact on stock price informativeness. Furthermore, the boards having members from high power distance and masculine cultures are negatively associated with stock price informativeness, while the individualistic and uncertainty avoidance cultures are positively linked with stock price informativeness. In conclusion, we suggests that regulators should encourage board diversity as it helps companies and corporate boards in eliminating information asymmetries and consequently enhancing the stock price informativeness. Increase in stock infromativenss helps investors in making better investment decisions.

This article discusses ethnographic insiderness. After juxtaposing insider and outsider ethnography, we suggest insider-ethnography requires a more nuanced and complete discussion for it to be better understood, theoretically and practically. Accordingly, we propose a model of insider-ethnography that suggests three relative levels of ethnographic insiderness exist. We use examples from extant ethnography to substantiate our model theoretically and empirically. Our analysis occurs at a time when calls for a more reflexive understanding of ethnography exist, but reflexive analysis of insider ethnography is sparse.

Purpose – The purpose of this paper is to systematically profile investors’ personality traits to examine if, and how, those traits are associated with phenomena observed in financial markets. In particular, the paper looks at overconfidence and overreaction in an experimental foreign exchange market. Design/methodology/approach – The paper measures the personality of the subjects using the short form of the NEO-PIR instrument, the NEO-FFI developed by Costa and McRae (1992) which is based on Norman's (1963) “Big Five” personality constructs of negative emotion, extraversion, openness to experience, agreeableness and conscientiousness. The paper measures psychological gender using questions developed by Bem (1994). Preference for innovation and risk-taking propensity are measured using instruments developed by Jackson (1976). The paper then examines the behavior of the subject who traded interactively in “real time” in an interactive-simulated foreign exchange market where “price discovery” was instantaneous and pricing decisions were made instantaneously as items of news, determined by the researchers, were released. Findings – The paper demonstrates that personality traits are associated with overconfidence and overreaction in financial markets. The paper presents meta-analysis which facilitates the development of a posteriori theories of how particular traits affect investment; there are important roles for risk-taking propensity, negative emotion, extraversion, masculinity, preference for innovation and conscientiousness. Originality/value – A typical behavioral finance paper might find an empirical regularity in prices and, on the basis of such patterns, infer the underlying psychology motivating the behavior of investors. The approach differs from this caricature of the “typical” behavioral finance paper. The paper does not infer the underlying psychology of investors from patterns in prices. Rather, the paper learns about investors by systematically profiling their personality traits. The paper then demonstrates how those traits are associated with the prices generated by the investors the authors study. In focussing on the role of individual personality, the paper refocusses behavioral finance on the individuals who set prices.

Insider trading scandals on Wall Street have focused public attention on the abuse of money and power in the service of greed. The analytic situation described in this paper involves a patient who was involved in a major white-collar crime in the 1990s and imprisoned on charges of fraud. Release from prison brought his anxieties about money, work, and masculinity into sharp focus. The paper explores the some of the emotional conflicts and confusion around corporate success and failure, and the particular issues that arise when people identify themselves with the company they work for, something that corporate culture has always encouraged.

This study examines the ethical attitudes and practices of securities analysts and portfolio managers from four Pacific Rim countries - Hong Kong, Japan, Singapore and Thailand - and compares the findings to a similar study of North American investment professionals to identify significant differences. The findings show that many differences exist due to cultural differences and differences in the regulatory environment between the Pacific Rim countries studied and North America.