Evidence map›Paper›PMID 39165992›Full record

ArticleHeliyon2024

Herding towards pygmalion: Examining the cultural dimension of market and bank based systems.

Ömür Saltik, Wasim Ul Rehman, Türker Kaymaz, Suleyman Degirmen

Abstract read
In one paragraph

Article in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Ömür SaltikMarbaş Security Company, Economic Research Department, İstanbul, Turkey.
Wasim Ul RehmanDepartment of Business Administration, University of the Punjab, Gujranwala Campus, Pakistan.
Türker KaymazMarbaş Security Company, Investment Specialist, İstanbul, Turkey.
Suleyman DegirmenDepartment of Economics, Mersin University, Mersin, Turkey.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The study aims to not only detect the presence of herd behavior in the countries studied, but also to examine the effect of cultural dimensions and market/bank-based systems on the herding behavior of financial market investors. The study employs the Cross-Sectional Standard Deviation and Cross-Sectional Absolute Deviation methods to analyze daily data from public companies traded in the capital markets in Emerging Seven and Group of Seven economies. The results suggest that being a member of E7-G7, a Future Oriented (FO), and a Performance Oriented (PO) cultures are the most important factors in explaining herd behavior. Additionally, the study found that the Ridge Classifier and CatBoost Classifier algorithms arethe most superior model for estimating herd behavior periods determined by the CSSD and CASD models, respectively. The feature selection results show that the Assertiveness (A) in-group collectivism (GC) are the three most important explanatory factors of the herd behavior.

Indexed as

Cultural valuesHerding behaviorMachine learningPygmalion syndromeStructural activity index

Identifiers

PMID39165992
PMCPMC11334860

What OpenQuestion holds

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LicenceCC BY-NC
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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.