Review of Behavioral Finance: Volume 16 Issue 3

Herding behavior by socially responsible investors during the COVID-19 pandemic

Manuel Lobato, Javier Rodríguez, Herminio Romero-Perez

This 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 Karakuş

This 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 Termprasertsakul

This 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…

Investigation of herding behavior using machine learning models

Muhammad Asim, Muhammad Yar Khan, Khuram Shafi

The 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…

The value and growth effect in the Vietnamese stock market: a mispricing explanation

Le Quy Duong

Although 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…

Investor sentiments revisited: negligence of stock-level sentiments may be a mistake

Te-Kuan Lee, Askar Koshoev

The 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…

Sentiment investor, exchange rates, geopolitical risk and developing stock market: evidence of co-movements in the time-frequency domain during RussiaUkraine war

Fatma Hachicha

The 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…

Analyst coverage and the probability of stock price crash and jump

Mohammed Bouaddi, Omar Farooq, Catalina Hurwitz

The 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.

Exogenous shock: hierarchical effect of the industrial entrepreneur confidence in the mist of the COVID-19 pandemic

Elimar Veloso Conceição, Fabiano Guasti Lima

In the context of investment decisions, the intricate interplay between exogenous shocks and their influence on investor confidence significantly shapes their behaviors and…

Familiarity bias in direct stock investment by individual investors

Shan Lei, Ani Manakyan Mathers

This study examines the relationship between investors' familiarity bias, including the home bias and endowment bias, and their financial situations, expectations and personal…