Review of Behavioral Finance: Volume 13 Issue 5

Watch me go big: CEO narcissism and corporate acquisitions

Tom Aabo, Mikkel Als, Lars Thomsen, Jesper N. Wulff

The purpose of this paper is to investigate the role of CEO narcissism in corporate acquisitions with a focus on frequency and size and furthermore to examine the subsequent stock…

Sensation Seeking and Overconfidence in day traders: evidence from Brazil

Paulo Antonelli-Filho, Aureliano Angel Bressan, Kelmara Mendes Vieira, Ani Caroline Grigion Potrich

In this work, the authors conduct an online survey to evaluate how Sensation Seeking and Overconfidence influences the transaction volume of day traders in Brazil.

Representative bubbles and deleveraging

Francesco Strati

The causes for the formation of a bubble in the collateral market when agents are provided with homogeneous expectations are explored. This bubbly dynamics will define a…

Informed short selling: evidence from economically linked firms

Fawzi Hyder, Mahsa Khoshnoud

This paper examines how sophisticated and better-informed investors, such as short sellers, trade on information along the supply chain. Given the economic linkages between…

Personal values as drivers of socially responsible investments: a moderation analysis

Manjit Singh, Manju Mittal, Pooja Mehta, Himanshu Singla

The present study attempts to analyze if personal values, namely collectivism, materialism and environment attitude, have an impact on attitude to invest in socially responsible…

Female workers' readiness for retirement planning: an evidence from Indonesia

Linda Evelina Larisa, Anastasia Njo, Serli Wijaya

The purpose of this study is to examine the effects of demographical factors (age, education and income); psychological factors which are future time perspective (FTP) and…

Psychological barriers in the electric market: study applied to the Nord Pool market

Carlos Almeida, Mara Madaleno, Margarita Robaina

This article aims to verify if there are detectable barriers in price levels that are understood to be psychologically important (psychological barriers) in a set of hourly…

Stock loan lotteries and individual investor welfare

Jordan Moore

This paper proposes and models stock loan lotteries, a financial innovation that improves individual investor welfare. Stock loan lotteries are prize-linked payoffs using…

Determinants of heterogeneity in investors' opinions on IPO valuation: evidence from the Pakistan stock market

Waqas Mehmood, Rasidah Mohd-Rashid, Norliza Che-Yahya, Chui Zi Ong

This study investigated the effect of pricing mechanism and oversubscription on the heterogeneity of investors' opinions on initial public offering (IPO) valuation.

Come together: trust, sociability and individual investors' stock-portfolio returns

Oscar Stålnacke

Previous studies have found that trusting and sociable individuals are more likely to participate in the stock market and hold risky assets. The purpose of this paper is to…

Malaysian residential mortgage loan default: a micro-level analysis

Azira Abdul Adzis, Hock Eam Lim, Siew Goh Yeok, Asish Saha

This study investigates factors contributing to residential mortgage loans default by utilizing a unique dataset of borrowers' default data from one of the pioneer lending…