Review of Behavioral Finance
Issue(s) available: 46 – From Volume: 1 Issue: 1/2, to Volume: 15 Issue: 6
Sentiment investor, exchange rates, geopolitical risk and developing stock market: evidence of co-movements in the time-frequency domain during RussiaUkraine war
Fatma HachichaThe aim of this paper is threefold: (1) to develop a new measure of investor sentiment rational (ISR) of developing countries by applying principal component analysis (PCA), (2…
Risk preference, payday loans and other alternative financial services
Song WangThe purpose of this paper is to examine how individual risk preference influences the borrowing of payday loans – a prevalent type of cash loan in the USA with exorbitantly…
Familiarity bias in direct stock investment by individual investors
Shan Lei, Ani Manakyan MathersThis study examines the relationship between investors' familiarity bias, including the home bias and endowment bias, and their financial situations, expectations and personal…
Investigation of herding behavior using machine learning models
Muhammad Asim, Muhammad Yar Khan, Khuram ShafiThe study aims to investigate the presence of herding behavior in the stock market of UK with a special emphasis on news sentiment regarding the economy. The authors focus on the…
Investor sentiments revisited: negligence of stock-level sentiments may be a mistake
Te-Kuan Lee, Askar KoshoevThe primary objective of this research is to provide evidence that there are two distinct layers of investor sentiments that can affect asset valuation models. The first is…
Analyst coverage and the probability of stock price crash and jump
Mohammed Bouaddi, Omar Farooq, Catalina HurwitzThe aim of this paper is to document the effect of analyst coverage on the ex ante probability of stock price crash and the ex ante probability stock price jump.
The value and growth effect in the Vietnamese stock market: a mispricing explanation
Le Quy DuongAlthough the value effect is comprehensively investigated in developed markets, the number of studies examining the Vietnamese stock market is limited. Hence, the first aim of…
Herding and Google search queries in the Brazilian stock market
Jeferson Carvalho, Paulo Vitor Jordão da Gama Silva, Marcelo Cabus KlotzleThis study investigates the presence of herding in the Brazilian stock market between 2012 and 2020 and associates it with the volume of searches on the Google platform.
Herding behavior by socially responsible investors during the COVID-19 pandemic
Manuel Lobato, Javier Rodríguez, Herminio Romero-PerezThis study aims to examine the herding behavior of socially responsible exchange traded funds (SR ETFs) in comparison to conventional ETFs during the COVID-19 pandemic.
Financial risk-taking in adult attention deficit hyperactivity disorder
Çağrı Hamurcu, Hayriye Dilek Yalvac Hamurcu, Merve KarakuşThis study aimed to examine the financial risk-taking behaviors of adult individuals diagnosed with attention deficit hyperactivity disorder (ADHD).
Herd behavior in cryptocurrency market: evidence of network effect
Phasin Wanidwaranan, Santi TermprasertsakulThis study examines herd behavior in the cryptocurrency market at the aggregate level and the determinants of herd behavior, such as asymmetric market returns, the coronavirus…
The nexus between herding behavior and spillover: evidence from G7 and BRICS
Sarra Gouta, Houda BenMabroukThis study aims at exploring the nexus between herding behavior and the spillover effect in G7 and BRICS stock markets.
Do heuristics affect Brazilian investors’ decision-making process?
Virgílio Vasconcelos Souza, Lucas Lopes Ferreira Souza, Oderlene Oliveira, Elnivan Moreira de Souza, Juliana Silva CostaThe purpose of this research is to analyze the influence of heuristics on Brazilian investors' behavior in the decision-making process.
Can virtual reality nudge toward green investing? An experiment with small business entrepreneurs
Achilleas Vassilopoulos, Lydia Papadaki, Phoebe KoundouriStorytelling through virtual reality (VR) combines the strengths of cutting-edge technology with traditional informational campaigns. As a tool for climate change mitigation, VR…
Are small waves fondle and big waves overturn? Market reaction and corporate governance during four COVID-19 waves
Imen Khanchel, Naima LassouedThis study examines the effects of corporate governance on market returns during the first four waves of the COVID-19 crisis.
Target return as efficient driver of risk-taking
Catherine D'Hondt, Rudy De Winne, Aleksandar TodorovicThis paper examines whether target returns act as specific goals that impact risk-taking when individuals make investment decisions.
Investigating macro herd behaviour: evidence from publicly traded German companies
Sándor Erdős, Patrik László VárkonyiThe purpose of this study is to examine herd behaviour under different market conditions, examine the potential impact of the firm size and stock characteristics on this…
Emojis and stock returns
Felix Reschke, Jan-Oliver StrychThe authors explore how the sentiment expressed by emojis in comments on stocks is associated with the stocks' subsequent returns.
Financial stress and gambling motivation: the importance of financial literacy
Dalina Amonhaemanon“Poor, Stressed, Drink (alcohol), and Gambling” is one of the campaigns for poverty eradication in Thailand. This study focuses on informal workers—gamblers—who belong to…
Ambiguity and asset prices: a closer look in an emerging market
Merve G. Cevheroğlu-Açar, Cenk C. KarahanThis study empirically documents the effect of ambiguity on stock returns in a major emerging market along with the ambiguity attitudes under various market conditions.
The asymmetric effect of COVID-19 on investor sentiment: evidence from NARDL model
Mehdi Mili, Asma Yahiya Al Amoodi, Hana BawazirThis study aims to investigate the asymmetric impact of daily announcements regarding COVID-19 on investor sentiment in the stock market.
CEO social network, capital structure complexity and firm performance
Hardeep Singh MundiThe paper aims to examine the effect of CEOs' social networks on capital structure complexity (CSC) and firm performance.
Do crypto investors wait and see during policy uncertainty? An examination of the dynamic relationships between policy uncertainty and exchange inflows of Bitcoin
Linh Thi My Nguyen, Phong Thanh NguyenIn this paper, the authors examine the short-term and long-term impact of general economic policy uncertainty (EPU) and crypto-specific policy uncertainty on Bitcoin’s (BTC…
Gambling on the stock market: the behavior of at-risk online traders
Philippe Grégoire, Melanie Rose Dixon, Isabelle Giroux, Christian Jacques, Annie Goulet, James Eaves, Serge SévignyOnline investment platforms offer an environment that may lead some traders into excessive behaviors akin to gambling. Over the last decade, gambling behaviors associated with the…
The impact of unproved reserve news on the energy stock volatility: an empirical investigation on Turkey
Sabri Burak Arzova, Ayben Koy, Bertaç Şakir ŞahinThis study investigates the effect of unproven energy reserve news on the volatility of energy firms' stocks. Thus, investors' perception of unproven energy reserves is revealed…
Does Russia–Ukraine war generate herding behavior in Moscow Exchange?
Khemaies Bougatef, Imen NejahThis study examines whether the Russia–Ukraine war affects herding behavior in the Moscow Exchange.
The disposition effect and its manifestations in South African investor teams
Philani Shandu, Imhotep Paul AlagidedeThe study endeavours to determine (1) whether the disposition effect exists among South African investor teams, (2) whether it is causally intensified by a set of psychosocial…
Household stock market participation in South Africa: the role of financial literacy and social interactions
Kingstone Nyakurukwa, Yudhvir SeetharamOne of the most important phenomena that have been confronted in the field of household finance is the stock market participation puzzle. The puzzle describes the anomaly that the…
A market sentiment indicator, behaviourally grounded, for the analysis and forecast of volatility and bubbles
Clio Ciaschini, Maria Cristina RecchioniThis work aims at designing an indicator for detecting and forecasting price volatility and speculative bubbles in three markets dealing with agricultural and soft commodities…
Tone complexity and the cost of debt retrospective data from the USA
Fatimazahra Bendriouch, Imad Jabbouri, Harit Satt, Zineb Jariri, Mohamed M'hamdiThis paper explores the impact of tone complexity on the cost of debt in the USA.
Small investors’ internet sentiment and return predictability
Antti KlemolaThe purpose of this paper is to propose a novel and new direct measurement of small investor sentiment in the equity market. The sentiment is based on the individual investors’…
ISSN:
1940-5979Online date, start – end:
2009Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Gulnur Muradoglu
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