Religious Beliefs, Gambling Attitudes, and Financial Market Outcomes

By Alok Kumar, J. Page, Oliver Spalt. 2011

656 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2918ca5b89832b0e8f73988d8df568390544d827

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Citations in the corpus

Do Social Factors Influence Investment Behavior and Performance? Evidence from Mutual Fund Holdings (2015, result): “17 We also computed a Catholic-to-Protestant ratio similar to Kumar et al. (2012), which revealed a positive association with sin stock exposure.”
Does Local Religiosity Matter for Bank Risk-Taking? (2016, methodology): “This identification strategy is an improvement over those of Hilary and Hui (2009) and Kumar et al. (2011) who use lagged religious compositions as an instrument.”
Religiosity and Tax Avoidance (2013, methodology): “…Hui 2009) and linearly interpolate the data to obtain the values in the missing years (from 1992 to 1999 and from 2001 to 2009).10 Because recent research (e.g., Halek and Eisenhauer 2001; Kumar et al. 2011; Shu year 2000 survey introduces an across-time inconsistency in our definition of RELIG.”
Religion, social class, and entrepreneurial choice (2013, background): “Although the existing literature points to differences between the two (Kumar et al., 2011; Minns and Rizov, 2005; Schaltegger and Torgler, 2010), it is likely that they share a large part of their normative and cognitive dimensions.”
The Opportunity Cost of Negative Screening in Socially Responsible Investing (2017, background): “…be interpreted with caution, and it is important to realize that findings might be specific to country, culture, investor characteristics, time period, and methodological choices (cf. Kumar et al. 2011; Kiymaz 2012; Durand et al. 2013a; Salaber 2013; Scholtens and Sievänen 2013; Hood et al. 2014).”
Religious Social Norms and Corporate Financial Reporting (2012, neutral): “At the micro level, both Lehrer (2004) and Iannaccone (1998) survey a vast literature on the role of religion in individual economic decision making under the notion that that being affiliated with a religious group has an impact on the perceived costs and benefits of various actions.”
Corruption and Corporate Innovation (2019, neutral): “We also control for the Catholic–Protestant ratio, which is a proxy for the area’s preferences for gambling and investment risk (Kumar, Page, and Spalt (2011), Adhikari and Agrawal (2016)).16 Our results are robust to including all 3 county-level geographic controls.”