List of Articles Investors Sentiment

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  1 - Testing information content influenced by investors Sentiment Behavior and Financial Reporting Quality
  shahnaz alinejad Fraydoon Rahnamay Roodposhti farzin rezaei
  Purpose of the present study is to understand the relationship between investors sentiment behavior and financial reporting quality with the information content of financial statements of listed companies in Tehran Stock Exchange. The data of 110 companies were collecte More

  Purpose of the present study is to understand the relationship between investors sentiment behavior and financial reporting quality with the information content of financial statements of listed companies in Tehran Stock Exchange. The data of 110 companies were collected from the databases of the Iranian Stock Exchange during the years 2009-2019 and analyzed in three stages using ANOVA- FRIEDMAN- OLS methods. In this study, the criteria for measuring the quality of financial reporting are the method of Jones, Dechow and Ball.From the OLS test results, it can be concluded that the information content determination coefficient has the highest value when the investors sentiment behavior is high and the financial reporting quality of the Jones model is average and it can also be stated that according to the test results ANOVA only in the model of financial reporting quality of Jones has the sentiment behavior of investors and the quality of financial reporting has an increasing impact on information content. The results of Friedman test also showed that there was a significant difference between different groups of investors sentiment behavior and financial reporting quality of Jones, Ball and Dechow. Manuscript profile
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  2 - The Development and Assessment of Stock Pricing Model Based on the Anchoring and Adjustment Theory
  Mohammad Noroozi daruosh foroughi farzad karimi
  The Financial market analysis is an important issue that influences investors' decisions. This paper developed the stock pricing model by comparing the predicted stock price based on the anchoring and adjustment theory and the real stock price through collecting and ana More

  The Financial market analysis is an important issue that influences investors' decisions. This paper developed the stock pricing model by comparing the predicted stock price based on the anchoring and adjustment theory and the real stock price through collecting and analyzing the initial information and data of 122 companies listed on the Tehran Stock Exchange during the period 2011 to 2019. The results of this study show the effectiveness of the anchoring and adjustment theory based on the separation of stock return components and measuring the irrationality coefficient and emotional reactions of investors' decisions in stock prices. Accordingly, the limitations of investors 'ability to process information seem to affect the level of use of reasoning and rationality in decision-making and the effect of bounded rationality through the irrationality and limited attention on stock pricing. Therefore, it is expected that knowledge about the process of bounded rationality based on the rational bounded of investors and the behavioral biases resulting from the irrational part of their thinking, will provide a good explanation for the process of changes in financial markets. This can provide both profit opportunities and costs in investment management so that it can be used in modeling, analysis and investmentstrategies. Manuscript profile