...Viput Ongsakul; Pandej Chintrakarn; Pornsit Jiraporn Purpose Taking advantage of an innovative measure of corporate culture obtained from advanced machine learning and textual analysis, we investigate how corporate culture is influenced by shareholder litigation rights, which are widely recognized...

... take their decision making on the basis of current trends projected by news and media platforms. Design/methodology/approach For empirical modeling, the authors use machine learning models to investigate the presence of herding behavior in UK stock market for the period starting from 2006 to 2021...