Impact of investor sentiment on firm innovation: Evidence from textual analysis
Borsa Istanbul Review, 2023 The paper examines whether and how investor sentiment affects corporate innovation. The study finds a statistically significant relationship between investor sentiment and firm innovation.
Zihao Lin
exaly +3 more sources
Time-varying and asymmetric effects of the oil-specific demand shock on investor sentiment. [PDF]
PLoS ONE, 2018 The relationship between oil price and investor sentiment is crucial to economic activity. Disentangling the shocks in crude oil price by structural VAR model, this paper analyzes the interaction between oil price shocks and investor sentiment by linear ...
Zhifang He, Fangzhao Zhou
doaj +2 more sources
Effects of investor sentiment on stock volatility: new evidences from multi-source data in China’s green stock markets [PDF]
Financial Innovation, 2022 The effect of investor sentiment on stock volatility is a highly attractive research question in both the academic field and the real financial industry.
Yang Gao +3 more
doaj +2 more sources
A dynamic analysis of the relationship between investor sentiment and stock market realized volatility: Evidence from China. [PDF]
PLoS ONE, 2020 Investor sentiment is a research focus in behavior finance. This paper chooses five proxy variables according to China's reality and uses a two-step principal component analysis to construct an investor sentiment index.
Yanhui Chen +3 more
doaj +2 more sources
Using E-GARCH to Analyze the Impact of Investor Sentiment on Stock Returns Near Stock Market Crashes [PDF]
Frontiers in Psychology, 2021 Purpose: Investor sentiment, the willingness of market participants to invest, is a difficult concept to measure. Exploring the relationship between investor sentiment and stock returns can reveal how investor sentiment affects the operation of the stock
Sze Ting Chen, Kai Yin Allison Haga
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Investor Sentiment Measures [PDF]
SSRN Electronic Journal, 2006 This paper compares investor sentiment measures based on consumer confidence surveys with measures extracted from the closed-end fund discount (CEFD). Our evidence suggests that these two kinds of sentiment measures do not correlate well with one another.
Lily Qiu, Ivo Welch
openaire +2 more sources
The impact of investor sentiment for the U.S. stock market based on Fama-French 3-factor model [PDF]
E3S Web of Conferences, 2021 Particularly, it is difficult to accurately measure investor sentiment due to the inherent complexity and dynamic change. This paper tests the impact of investors’ behavior in the U.S. equity market.
Yu Sifan
doaj +1 more source
International Review of Economics & FinanceWe propose a new investor sentiment index by estimating the differences between moments from realized stock returns and option-implied moments. Validating the Relative Investor Sentiment index, we show that the index is correlated with other proxies, exhibits known patterns of stock market reactions to sentiment shocks, is stronger for hard-to ...
Xiang Gao +3 more
openaire +2 more sources
Summary of the Researches on the Influence of Investor Sentiment on Stock Returns Under the Background of Big Data [PDF]
SHS Web of Conferences, 2022 In order to analyze the promoting effect of big data technology on research results, and to explore the impact of investor sentiment on stock returns, this paper combs and summarizes the research results of domestic and foreign scholars on the impact of ...
Yang Qianyi
doaj +1 more source
Investigating the Effect of Moderating Managerial Ability on the Relationship between Investor Sentiment and Accounting Conservatism [PDF]
بررسیهای حسابداری و حسابرسی, 2021 Objective: Accounting conservatism, as a factor that leads to the timely identification of bad news and the delay of good news, is able to control and to some extent reduce the investor sentiment.
Yahya Kamyabi, Amir Javady Nia
doaj +1 more source