Because a political crisis may negatively affect stock returns, it is important for investors to know which firms will be affected less adversely by such a crisis. This study shows that firms that are controlled by families or have high growth opportunities will experience larger declines in...

By performing Grey relation analysis, this study elucidates the relationship between investor sentiment and price volatility in the Taiwanese stock market. A sequential relationship is identified between investor sentiment and price volatility, and ranked according to order of importance....

This study looks at the financial investment behavior of air carriers in Taiwan and the US stock markets. Application of the DHS model via behavioral finance theory indicates a tendency of becoming overly confident in Taiwan's domestic market. It is also known that Taiwanese investors react with...