The power of bad: The negativity bias in Australian consumer sentiment announcements on stock returns

By Shumi M. Akhtar, R. Faff, B. Oliver, Avanidhar Subrahmanyam. 2011

136 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/c8eef8089c18a325346849bbd7c3b9ef06606e92

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Rataporn Deesomsak
2. Andrew Urquhart

In Economics and Econometrics

1. Dimitrios Koutmos
2. Rataporn Deesomsak
3. Robert Hudson
4. Frankie Chau
5. Andrew Urquhart
6. Paraskevi Katsiampa
7. Tetsuya Takaishi
8. Pengfei Wang

In Finance

1. Rataporn Deesomsak
2. Robert Hudson
3. Dimitrios Koutmos
4. Frankie Chau
5. Andrew Urquhart

Citations in the corpus

• Does investor sentiment really matter (2016, background): “This observation is known as the 'negativity bias' or 'negativity effect' in psychology literature and has been detected among market participants when making investment decisions (Akhtar et al., 2011; Baumeister et al., 2001).”
• War and stock markets: The effect of World War Two on the British stock market (2015, background): “The results show that major negative events had a significant negative effect on stock returns on days following the event, while major positive events had a positive 1-day insignificant impact on the FT30, confirming the ‘negativity’ effect of Akhtar et al (2011).”