Antecedents of investor sentiment in Jordan market: exploratory study via the structural equation modelling approach

Mohammed Iqbal Al-Ajlouni and Nawaf Alghusin

International Journal of Services and Operations Management, 2021, vol. 40, issue 3, 407-425

Abstract: The concept of investor sentiment deals with the psychological attitudes the investor has toward the security of the fiscal market or a related certain situation; accordingly, different antecedents and determinants make-off that attitudes. The current paper explores antecedents for investor sentiment (IS) in Amman Stock Exchange (ASE) using investor sentiment index (ISI) utilising SEM approach. Data was collected through surveying 401 current and potential investors in ASE through no probability purposive sampling using a self-administrated questionnaire. SEM using AMOS was employed and the result reported that the suggested ISI sufficiently predicted IS in Jordan setting as explained 62% of the achieved variance; moreover, IC was identified as the strongest antecedent along with PC, whereas SC and MC were identified as negative antecedents, and accordingly, the implication was discussed.

Keywords: sentiment; antecedents; investor; market; exploratory; structural equation modelling; SEM; Jordan. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=119801 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijsoma:v:40:y:2021:i:3:p:407-425

Access Statistics for this article

More articles in International Journal of Services and Operations Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().