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        1 - The effect of recognizing managers 'behavioral biases on investors' emotional tendencies through the gray hierarchical analysis process
        arash Hosseinpur Mohammed Hussain Ranjbar Jahanbakhsh asadnia faegh ahmadi
        AbstractThe purpose of this study is to identify the emotional tendencies of investors based on recognizing the behavioral biases of managers. The methodology of this research was a combination that in the first step in order to identify the components of managers' beha More
        AbstractThe purpose of this study is to identify the emotional tendencies of investors based on recognizing the behavioral biases of managers. The methodology of this research was a combination that in the first step in order to identify the components of managers' behavioral biases from meta-combined analysis with the participation of 18 academic experts. Then, through Delphi analysis, the identified indicators were examined. In Delphi analysis, the identified components of the CEO's behavioral biases on investors' emotional inclinations were examined and it was found that recognizing the CEO's utilitarian behavioral biases can increase the capital's emotional inclinations. Then in a small part, 101 companies in the period 2011 to 2018 were examined, which showed that the biases of the CEO's benevolent behavior on the emotional tendencies of investors were examined. And showed that the management of real and accrued earnings has a negative and significant effect on the emotional tendencies of investors. Manuscript profile