Emanating from the influential survey of Barberis and Thaler (2003), this systematic literature
review examines the significant volume of studies on behavioral finance from 36 reputable …

We demonstrate that the residual momentum strategy, which is constructed to hedge out the
risk exposure to the Fama–French (1993) factors, is profitable in Japan for short-term …

Firm relations, which inform the competitive environments of firms, are critical to firm
operations and are often factored into investor decisions. Previous studies and practices …

Reputational risk is negatively perceived by stakeholders and economic agents, and can
cause negative future effects on sustainability, corporate image and stakeholder …

It is widely acknowledged that extracting market sentiments from news data benefits market
predictions. However, existing methods of using financial sentiments remain simplistic …

We survey the works applying text analytics to the study of news media in financial markets
beyond intraday horizons, and expand into the fundamental economic theory and concepts …

abstract Traditional automated trading systems use rules and filters based on Chartism to
send orders to the market, aiming to beat the market and obtain positive returns in bullish or …

This paper contributes to the advancement of noise trader theory by examining the
connection between aggregate news sentiment and stock market returns during days of …

This paper explores the profitability of simple short-term cross-sectional trading strategies
based on the implied volatility index (VIX), often referred to as an “investor fear gauge” in the …

The diffusion of financial news into market prices is a complex process, making it
challenging to evaluate the connections between news events and market movements. This …