ARE ISLAMIC STOCKS LESS EXPOSED TO SENTIMENT-BASED MISPRICING THAN NON-ISLAMIC ONES? EVIDENCE FROM THE INDONESIAN STOCK EXCHANGE

ARE ISLAMIC STOCKS LESS EXPOSED TO SENTIMENT-BASED MISPRICING THAN NON-ISLAMIC ONES? EVIDENCE FROM THE INDONESIAN STOCK EXCHANGE

The aim of this research is to verify the role of Islamic value in stock mispricing in the Indonesian capital market. Empirically, high investor sentiment can lead to mispricing on equity appraisal. When investors feel excessively optimistic about their valuation, equity will be overpriced, or vice...

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Bibliographic Details
Main Authors: Rizqi Umar Al Hashfi, Ahmad Maulin Naufa, U’um Munawaroh
Format: Article
Language:English
Published: Bank Indonesia 2021-02-01
Series:Journal of Islamic Monetary Economics and Finance
Subjects:
mispricing
sentiment
return
islamic values
Online Access:https://jimf-bi.org/index.php/JIMF/article/view/1319

Internet

https://jimf-bi.org/index.php/JIMF/article/view/1319

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