Аветисян Гаяне Каролина -
Investor Behaviour and Sports Teams Performance
The article of G. Avetisyan focuses on the impact of football scores on the investor behavior. Author challenges previous researches testing if loosing a football game by national team causes a fall at domestic stock market. Based on the FIFA World Championship data author proves lack of expected impact. Author predicted that the reason might conceal in variance of interest to football games among investors. The corresponding amendments to the model showed no significant effect to results. The methods used include econometrical modelling based on panel data.