The Psychological Impact of Smog Pollution on Investors

Frontiers in Psychology

Yijing Wang¹  Tingyu Zhang²  Bin Li²  Yang Liu³ 

[1] Planning and Finance Department, Xiangtan University, Xiangtan, China;School of Economics and Management, Beijing University of Chemical Technology, Beijing, China;School of Government, Peking University, Beijing, China;

关键词: smog pollution;    investor sentiment;    media tone;    PM 2.5;    moderating effect;   

DOI  :  10.3389/fpsyg.2022.803336

来源: DOAJ

【 摘 要 】

This research empirically analyzes the psychological impact of smog pollution on investors. Results indicate that smog pollution has negative impact on investor sentiment which is weakened by the positive tone in media reporting. Empirical evidence for the impact of smog pollution on investor sentiment and the related moderating role of media tone is presented in this study.

【 授权许可】

Unknown