This paper discusses if the psychological changes of investors would influence mutual funds from the perspective of behavioral finance. In other words, we assess the psychological state of investors from the deepest psychological factors of greed and fear, and discuss whether the psychological...

This study examines the co-movement phenomenon in Taiwan's stock markets. We investigate this phenomenon both before and after the inclusion and exclusion of component stocks from the Taiwan 50 or Taiwan 100 indices in terms of changes in component stock returns and turnover co-movement...