Financial literacy is very important element of everybody’s life. Papers and studies usually focus on general public or lower-educated group of people but we think that university educated people should not be out of scope of work done in the field of financial literacy. Our hypothesis in this article is that citizens with university education or university students may be a source of finance k...

The process of financial globalization has given rise to an increase in the frequency of financial crises. With it, there has also been a surge in research about financial crises. One of the key questions in this area is whether crises are triggered by fundamentals or come as a result of panic. Observing real-world events, many prominent researchers, including Friedman and Schwartz (1963) and K...

The development of Shariah Online Trading System (SOTS) on securities is expected to facilitate investors in investing the Sharia sector. However, majority SOTS applications have not implemented literacy features related investment Islamic capital market. On other hand, knowledge and skills regarding financial products services need be possessed order understand benefits risks these services. p...

One of the features of a financial market, the stock market, in particular, is the market sentiment which is the overall attitude of investors toward a particular security or financial market. Investors always seek to create a portfolio with minimum risk while maintaining the expected return level. Therefore, perceiving the relationship between the stock returns and markets returns can be helpf...

Purpose This study aims to develop a valid and reliable Islamic financial literacy (IFL) scale that can capture all the segments of sectors which could be considered applicable for jurisdictions across globe. Design/methodology/approach To build measure, this followed development process by collecting 698 priori items from 81 respondents. Later, it generated an item pool through analysis with e...

a r t i c l e i n f o The literature on short-selling restrictions focusses mainly on a ban's impact on market efficiency, liquidity and overpricing. Surprisingly, little is known about the effects of short-sale constraints on herd behaviour. Since institutional investors have come to dominate mature stock markets and rely extensively on short sales, constraining these traders may influence the...

This study empirically investigates the relationship between the timeliness of the financial reporting and the corporate governance proxies for companies listed on the Tunisian stock exchange during 2009.It investigates the role of the corporate governance mechanisms on the timeliness of corporate financial reporting besides; it investigates the relationship between the company size, leverage, ...

Investment can be interpreted as the allocation of some assets owned so to generate profits in future. There are various factors that influence a person when making investment decisions. The purpose this research is identify several an investor These financial literacy, overconfidence, and herding. object capital market investors who actively transacting for more than one year with total sample...

one of the important factors in making financial decisions is perceptual biases. they influence decisions at the time of exchanging stocks. the present research means to identify these common biases among investors and show its relation with their personality. doing this research, the statistic society is considered unlimited thus a random group of 200 investors from tehran stock exchange has b...