... portfolio is higher. Białkowski et al. (2013) document that in every type of their mutual fund, the effect of market excess return is strongly positive and significant. Investor sentiment Abnormal return Anomaly Ramadhan effect Sharia mutual fund G11 G14 G23 One...

... multiple regression method to analyze the effect of investors’ demographic characteristics on investment decisions through behavioral factors as the mediator variable. Findings Investor sentiment, overreaction and underreaction, overconfidence and herd behavior significantly affect investment decisions...

...Marwa Jaziri; Mouna Abdelhedi Purpose The purpose of this paper is to investigate whether the Islamic religious occasions can, through their impact on investor sentiment, affect returns in six Arab financial markets. Design/methodology/approach In this paper, the authors test the effect...