Three Essays on Investor Sentiment and Stock Returns
| dc.contributor.author | Khuu, Joyce | |
| dc.contributor.supervisor | Prof Robert Durand | en_US |
| dc.date.accessioned | 2018-07-19T05:50:56Z | |
| dc.date.available | 2018-07-19T05:50:56Z | |
| dc.date.issued | 2018 | |
| dc.identifier.uri | http://hdl.handle.net/20.500.11937/68413 | |
| dc.description.abstract |
Sentiment may influence investor behaviour in a quasi-rational manner and as a result, stock returns. I explore the relationship between investor sentiment and stock returns using a text-based measure of sentiment derived from Thomson Reuters News Analytics. Using a sample set of multiple countries, I find a positive relationship between stock returns and sentiment. Size of a firm is a determining feature of stocks influenced by sentiment. Smaller stocks are most influenced by sentiment. | en_US |
| dc.publisher | Curtin University | en_US |
| dc.title | Three Essays on Investor Sentiment and Stock Returns | en_US |
| dc.type | Thesis | en_US |
| dcterms.educationLevel | PhD | en_US |
| curtin.department | Economics and Finance | en_US |
| curtin.accessStatus | Open access | en_US |
| curtin.faculty | Business and Law | en_US |