Keywords
Foreign investors
Crash risk
Shariah-compliant
Equity
Categories
How to Cite
Funding data
Abstract
This study analyzes how retail investor attention and foreign investors are related to stock price crash risk in shariah-compliant equities. Using quarterly data in Islamic stocks that listed on the Indonesian Capital Market during 2016- 2019, we show that retail investor attention and foreign investors are negatively associated with stock price crash risk. The retail investor attention and foreign investors diminish stock price crash risk in shariah-compliant equities. In conclusion, the benefit of active attention that retail investor pay and increasing foreign investor mitigate crash risk in shariah-compliant equities
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Copyright (c) 2021 Aang Kunaifi, Geodita Woro Bramanti, Muhammad Ibnu Sina Al Hanif