Brahmana, R.K. and Hooy, C-W. and Ahmad, Z. (2015) Does tropical weather condition affect investor behaviour? Case of indonesian stock market. Global Business and Economics Review, 17 (2). pp. 188-202. ISSN 1097-4954Full text not available from this repository.
Several studies have been employed to discuss the link between weather and market returns. However, our research is different in three ways. We employed in tropical country, added extreme condition, and covering the entire Indonesia weather proportionally. This paper revisits the weather-induced moods effect on economic behaviour and found that weather condition, namely temperature level, and clouds cover has no influences on market returns and trading volume over period from 1999 to 2012. This research does not find any evidence of a link between temperature and market return because the tropical situation in Indonesia. However, cloud cover has an effect on the market; implying a role of affection bias in investor behaviour.
|Uncontrolled Keywords:||Indonesian stock market; Trading volume' market returns; Tropical weather, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak|
|Subjects:||G Geography. Anthropology. Recreation > GE Environmental Sciences
H Social Sciences > HC Economic History and Conditions
|Divisions:||Academic Faculties, Institutes and Centres > Faculty of Economics and Business|
|Depositing User:||Karen Kornalius|
|Date Deposited:||28 Jul 2016 03:10|
|Last Modified:||28 Jul 2016 03:10|
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