Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/18567
Appears in Collections:Accounting and Finance Journal Articles
Peer Review Status: Refereed
Title: Social engagement and stock market participation*
Authors: Changwony, Fredrick
Campbell, Kevin
Tabner, Isaac
Contact Email: isaac.tabner@stir.ac.uk
Keywords: A13
D12
D72
G11
Z12
Issue Date: Mar-2015
Publisher: Oxford University Press
Citation: Changwony F, Campbell K & Tabner I (2015) Social engagement and stock market participation*, Review of Finance, 19 (1), pp. 317-366.
Abstract: We investigate the separate and joint influences of social engagement measures on stock market participation and find that socially engaged individuals are more likely to participate. Consistent with Granovetter's (1973) theory of social networks we find that a weak tie (measured by social group involvement) has a positive effect on stock market participation whereas a strong tie (measured by frequency of talking to neighbours) has no effect. More trusting individuals are more likely to participate in the stock market, as are those who identify with a political party. In contrast, the degree to which religion is important appears to have little impact.
Type: Journal Article
URI: http://hdl.handle.net/1893/18567
DOI Link: http://dx.doi.org/10.1093/rof/rft059
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is a pre-copyedited, author-produced PDF of an article accepted for publication in Review of Finance following peer review. The version of record Changwony FK, Campbell K & Tabner I Social engagement and stock market participation, Review of Finance (2015) 19(1): 317-366. doi: 10.1093/rof/rft059 is available online at: http://rof.oxfordjournals.org/content/19/1/317
Affiliation: Accounting and Finance
Accounting and Finance
Accounting and Finance

Files in This Item:
File Description SizeFormat 
20140206 SMP Paper Accepted For Typesetting for SSRN Upload.pdf1.86 MBAdobe PDFUnder Embargo until 1/4/2017     Request a copy

Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependant on the depositor still being contactable at their original email address.

This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.