Review of Behavioral Finance: Volume 16 Issue 1

Tone complexity and the cost of debt retrospective data from the USA

Fatimazahra Bendriouch, Imad Jabbouri, Harit Satt, Zineb Jariri, Mohamed M'hamdi

This paper explores the impact of tone complexity on the cost of debt in the USA.

A market sentiment indicator, behaviourally grounded, for the analysis and forecast of volatility and bubbles

Clio Ciaschini, Maria Cristina Recchioni

This work aims at designing an indicator for detecting and forecasting price volatility and speculative bubbles in three markets dealing with agricultural and soft commodities…

Ambiguity and asset prices: a closer look in an emerging market

Merve G. Cevheroğlu-Açar, Cenk C. Karahan

This 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 Bawazir

This study aims to investigate the asymmetric impact of daily announcements regarding COVID-19 on investor sentiment in the stock market.

Does Russia–Ukraine war generate herding behavior in Moscow Exchange?

Khemaies Bougatef, Imen Nejah

This study examines whether the Russia–Ukraine war affects herding behavior in the Moscow Exchange.

CEO social network, capital structure complexity and firm performance

Hardeep Singh Mundi

The paper aims to examine the effect of CEOs' social networks on capital structure complexity (CSC) and firm performance.

The impact of unproved reserve news on the energy stock volatility: an empirical investigation on Turkey

Sabri Burak Arzova, Ayben Koy, Bertaç Şakir Şahin

This 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…

Target return as efficient driver of risk-taking

Catherine D'Hondt, Rudy De Winne, Aleksandar Todorovic

This paper examines whether target returns act as specific goals that impact risk-taking when individuals make investment decisions.

The disposition effect and its manifestations in South African investor teams

Philani Shandu, Imhotep Paul Alagidede

The 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 Seetharam

One 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…