Review of Behavioral Finance: Volume 16 Issue 6

Hierarchical complexity and seasoned equity offerings

Viet Anh Hoang, Huu Cuong Nguyen, Ba Thanh Truong, Phuong Uyen Le, Hoang Long Phan, Thi Hong An Thai

Using a substantial sample of U.S.-listed firms’ Seasoned Equity Offerings (SEOs) spanning the period from 2012 to 2017, we examine the relationship between hierarchical…

Stock price overreaction: evidence from bull and bear markets

Valeriy Zakamulin

In this paper, we provide new evidence to strengthen the stock market overreaction hypothesis by examining a new context that has not been explored before. Our research is…

Exploring the Nordic numbers: an analysis of price clustering in Scandinavian stocks

Júlio Lobão, Luís Pacheco, Daniel Carvalho

This paper investigates share price clustering and its determinants across Nasdaq Stockholm, Copenhagen, Helsinki, and Iceland.

Shariah compliance fatigue and earnings quality: evidence from MENA

Harit Satt, George Iatridis

This research aims to examine the relations between Shariah compliance and earnings quality.

Do executive facial trustworthiness have impact on IPO underpricing in the Indonesia stock exchange?

I. Putu Sukma Hendrawan, Cynthia Afriani Utama

This study aims to investigate the impact of facial-based perceived trustworthiness on stock valuation, particularly, in the initial public offering (IPO). IPO settings provide…

Global reversal strategy: equilibrium of endogenous trading?

Alain Wouassom

After considering the price reversal among countries' indices as a global, coordinated and generalized phenomenon, this paper aims to examine the profitability of the reversal…

Price delay and herding: evidence from the cryptocurrency market

Barbara Abou Tanos, Omar Meharzi

The purpose of this study is to investigate how the price delay of cryptocurrencies to market news affects the herding behavior of investors, particularly during turbulent events…

Deciphering CEO disclosure tone inconsistency: a behavioural exploration

Azam Pouryousof, Farzaneh Nassirzadeh, Davood Askarany

This research employs a behavioural approach to investigate the determinants of CEO disclosure tone inconsistency. By examining CEO characteristics and psychological attributes…

Lottery stocks in Brazil: investigating risk premium and investor behavior

Gabriel Sifuentes Rocha, Márcio Poletti Laurini

This study investigates the paradox of lotteries in financial markets, challenging traditional utility models predicated on rational behavior amid uncertainty. It explores why…