...Fang Sun; Xiangjing Wei Purpose In this paper, the impact of stock-based compensation and further the joint effects of stock-based compensation and investor sentiment on pension discount rate choice is examined. Design/methodology/approach The hypotheses is tested using fixed effects models...

... Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only Investor sentiment Human capital Irrational trading Souvenir stock G41 J24 J42 Evidence that rational, returns-seeking investors price rational information into shares is heavily documented...

...Ahmed Bouteska Purpose The purpose of this paper is to study a novel and direct measurement of investor sentiment index in the Tunisian stock market that overcomes the weaknesses of a well-known investor sentiment index by Baker and Wurgler (2006, 2007). Design/methodology/approach Based...

...Fang Sun; Xiangjing Wei Purpose The purpose of this paper is to examine how investor sentiment, proxied by Michigan consumer confidence index, affects the choice of defined benefit pension plan discount rates. Design/methodology/approach The authors use multivariate analysis to test our...

... volatility and the percent of bullish investors as proxies for risk and investor sentiment the paper tests the relationship between sentiment and returns conditional on risk this performance. Second, a cross-sectional analysis is conducted based on individual firm characteristics and sentiment to explain...

...Elisabete Simões Vieira Purpose The purpose of this paper is to examine the effect of investor sentiment (ISENT) on the market reaction to dividend change announcements. Design/methodology/approach The author used the European Economic Sentiment Indicator data, from Directorate General...