Harold Kent Baker

This study presents bibliometric and content analyses of the risks faced by the banking sector. It focuses on liquidity and credit risk and their impact on financial stability. When reviewing the banking sector, we discuss bank risks, financial stability and Basel norms. We conduct a bibliometric analysis on 926 documents extracted from Scopus and Science Direct databases. Its purpose is to identify the current trends in bank risks and financial stability, influential publication outlets and articles, prolific authors and their affiliated countries and institutions, and common topics and themes. We also conduct a content analysis of the most-cited articles to identify the factors other than liquidity and credit risk that impact financial stability, and the models used to measure it. We identify gaps in previous studies and propose topics for future work. Our findings may help those interested in studying various aspects of financial stability in the banking sector.

In the digital age, investing in e-gold is increasing in popularity. This study’s objective is to assess the moderating role of dispositional innovativeness between fintech adoption and the intention to invest in e-gold, as well as to understand investors’ behavioral intentions. This study uses the theory of planned behavior model to analyze the data. We prepared a structured questionnaire to collect data from Maharashtra, a state in India, and used PLS-SEM for analytical purposes. We also used focus group interviews to validate the findings from PLS-SEM. Our evidence shows that attitude, subjective norms, and perceived behavioral control significantly impact fintech adoption and the intention to invest in e-gold. This study also confirmed that dispositional innovativeness moderates the relationship between fintech adoption and the intention to invest in e-gold. This study implies that policymakers can redesign the regulation of digital assets to promote transparency, security, and faith in the fintech platform by recognizing the interest rate in e-gold.

This study examines how YouTube influencers can help shape equity decisions. We used a structured questionnaire with 26 questions to collect data using a purposive sample and the KMO and Bartlett tests to test the adequacy of the sample. Additionally, we used the Cronbach Alpha test to check the reliability of the questionnaire and principal component analysis to identify the factors related to YouTube influencers and their influence on equity investors. Our findings reveal a relationship between YouTube channel influencers and the financial decisions of equity investors. These factors influence credibility, influencer engagement, influencer trustworthiness, influencer investment fit, influencer’s YouTube channel promotion, and influencer-driven equity insights. This study could help investors make better decisions after learning pertinent information regarding equities. Investors can improve their investment strategies by identifying trustworthy and valuable influencer content by having a better understanding of these elements. This study provides novel insights into how digital content creators can shape equity investment decisions. However, a limitation of our study is that our findings do not show causality, only correlations between YouTube influencers and equity investments.

Purpose: This paper investigates the associations among the Big 5 personality traits (neuroticism, conscientiousness, agreeableness, openness to experience and extroversion), nine prominent investment biases and the moderating role of financial literacy.Design/methodology/approach: We used survey data from 475 individual investors in India based on various benchmarked scales in the literature and structural equation modeling to evaluate the desired relationship between the constructs.Findings: Our evidence shows that the extroversion personality trait is the most vulnerable to behavioral biases, and overconfidence bias affects individual Indian investors the most. Financial literacy is positively associated with two biases (risk aversion and representativeness bias) and moderates the relationship between two personality traits (extroversion and agreeableness) and risk aversion.Research limitations/implications: Our study has limitations. First, it does not examine financial literacy in detail. Therefore, researchers should examine financial literacy within larger frameworks than those used in our study. Second, we confined our analysis to the Big 5 personality traits and nine behavioral biases. Our selection of biases to include in the study involved some subjectivity. Third, we limited our analysis to Indian investors. Researchers should replicate our study to see if its findings are generalizable in other countries with differing characteristics. Our findings call for a more careful examination of the circumstances behind which personality traits manifest in specific bias.Practical implications: Investment advisors can help their clients make rational investment decisions by guiding them to deal with their investment biases.Social implications: Improving financial literacy could help investors avoid the pitfalls of behavioral biases and increase their performance in the stock market.Originality/value: This study is the first to provide a comprehensive framework that examines the relationship between personality traits and investor biases and the moderating role of financially literate investors.

We investigate the perceptions of corporate managers of non-dividend-paying firms listed on the London Stock Exchange (LSE) to identify the factors and explanations leading to a zero cash dividend policy. Our survey evidence shows that the main reasons for not paying dividends involve poor profitability, the firm’s life cycle stage and profitable growth opportunities. Managers consider shareholder preferences when setting a zero cash dividend policy, but neither taxes nor share repurchases (as substitutes for cash dividends) explain this policy. High insider ownership and transaction costs also do not explain why some UK companies pay no cash dividends. However, respondents confirm that the cost of raising new external funds (debt) is an important factor in not distributing cash dividends. Our results are inconclusive on the potential signaling effect of not paying dividends. Finally, the findings indicate that the COVID-19 pandemic did not affect the decision to follow a zero cash dividend policy in the United Kingdom.

Cryptocurrency (crypto) is a decentralized medium of exchange that uses cryptographic functions to conduct financial transactions (Doran 2014). The concept of cryptocurrency appeared in 1983 when t...