This research aims to determine the effect of firm value and institutional investors on herding behavior. The newnes this add an indicator that have never been used for measurement value. existence previous result not conclusive raise empirical gaps population are worthy re-study. is carried out using Book Market Ratio Firm Size. size uses company's ownership, behavior Cross-Sectional Absolute ...

Purpose: Digital financial inclusion era has brought Indonesian people to gain interest in sector by accessing more resources literature. During Covid-19 Pandemic, there was a unique phenomenon occurred where the price going down but number of individual investors, dominated millennial, increasing. This paper aimed examine behavioral biases that may influence millennial investors during investm...

Theoretical research as well as empirical evidence offer mixed results regarding individual investor trading strategies and motives behind them. Are investors trading on information or are they simply trying to predict prices based on fads and/or behavioral biases? If investors follow certain patterns, what are those – trend-chasing or contrarian? Do investors watch closely news related to stoc...

Abstract We analyze how individual investors respond to inflation. introduce a unique data set containing information on local inflation and security portfolios of more than 2,000 clients German bank between 1920 1924, covering the hyperinflation. find that buy fewer (sell more) stocks when facing higher This effect is pronounced for less sophisticated investors. Moreover, we document positive ...

This study investigates the disposition effect with regard to Brazilian investors, focus on year 2020. The database is composed by more than 12,000 trades 274 investors. We follow method of Odean (1998) estimate proportions gains and losses realized test null hypothesis equality these in each portfolio. results suggest that investors behave line effect. They sell winning stocks too early hold l...

What happens when uninformed investors trade stocks via mobile phones? Do they react to social sentiment differently than more informed traders in traditional trading? Based on 16,817 data observations and econometric analysis for the trading of 251 equities in Korea over 39 days, we present evidence of herding behavior among uninformed traders in the mobile channel. The results indicate that m...

Behavior is the psychological phenomenon/aspect of individuals, and investors’ behavior influences investment decisions. The research examined influence on equity decisions based quantitative philosophy utilized descriptive cum analytical design. sample was 400 individual investors from top ten brokerage firms, with 40 who made in Nepalese stock market using a first-come-first-basis readiness t...