Do psychological factors exert greater influence on investment decisions than physiological factors? Evidence from Borsa Istanbul
We investigate the impact of Ramadan, the Holy month of fasting, on the phenomenon of post-earnings announcement drift (PEAD) in Borsa Istanbul. Utilizing quarterly earnings announcements and employing both the analyst forecast method and time series forecast method as surprise measures, our study s...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2023-12-01
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| Series: | Borsa Istanbul Review |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845023001539 |