THE EFFECT OF INVESTORS'' EMOTIONAL STATUS ON DAILY PRICE VARIATION IN TAIWAN STOCK MARKET

碩士 === 南華大學 === 財務金融學系財務管理碩士班 === 97 ===   Exploring investors’ emotional status in stock market has become a new research issue in behavioral financial discipline. The main objective of the research is to examine the effect of different investors’ emotional status on the sensitivity of daily stock...

Full description

Bibliographic Details
Main Authors: Ching-san Liu, 劉青山
Other Authors: Tzung-min Pai
Format: Others
Language:zh-TW
Published: 2009
Online Access:http://ndltd.ncl.edu.tw/handle/32010528738766391107
Description
Summary:碩士 === 南華大學 === 財務金融學系財務管理碩士班 === 97 ===   Exploring investors’ emotional status in stock market has become a new research issue in behavioral financial discipline. The main objective of the research is to examine the effect of different investors’ emotional status on the sensitivity of daily stock price variation. The data was collected from May 2 to August 31 in 2007 from Taiwan Economic Journal. The OLS statistical method was used. The empirical results suggest that investors’emotional change has different effects on price variation under several conditions.