Studies in Economics and Finance: Volume 39 Issue 5

Donald Duck: a narrative that embeds behavioral finance?

Jens Kleine, Thomas Peschke, Anna Wuschick

The purpose of this study is to prove that narratives can be a adequate foundation for human behavior in general and economic behavior in particular using the Donald Duck universe…

The financing of uncertain future investments

Mona Yaghoubi, Michael O’Connor Keefe

The purpose of this study is to investigate the effects of two important financing sources, debt and cash, on a firm’s investment decisions and explores the intertemporal impact…

Can artificial intelligence beat the stock market?

Garrison Hongyu Song, Ajeet Jain

Academia and financial practitioners have mixed opinions about whether artificial intelligence (AI) can beat the stock market. The purpose of this paper is to investigate…

Floridian bankruptcies and local property damage in the United States

Billie Ann Brotman, Brett Katzman

This study aims to examine the linkage between bankruptcy filings and hurricane events. Several independent variables related to local district court bankruptcy filings are…

Oil-stock nexus: the role of oil shocks for GCC markets

Salem Adel Ziadat, David G. McMillan

This study aims to examine the links between oil price shocks and Gulf Cooperation Council (GCC) stock markets from February 2004 to December 2019. Knowledge of such links is…

Stock reactions of the S&P500 industries to negative and positive COVID-19 news

Yasser Alhenawi, Khaled Elkhal, Zhe Li

This paper aims to use the Covid-19 pandemic situation to conduct an experiment-like study that focuses on industry reactions under stress. Particularly, this study analyzes stock…