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Purpose: This study aims to address the underexplored implications of investor sentiment on the performance of banks operating in African economies. It investigates how investor sentiment affects bank performance across different regulatory frameworks, market conditions, and bank-specific attributes. Design/Methodology/Approach: Using panel data from 35 commercial banks listed on African stock exchanges from 2000 to 2022, this study employs a fixed effects model to assess the impact of investor sentiment on bank performance. Findings: The findings indicate that investor sentiment positively impacts bank performance. This relationship is further influenced by bank-specific attributes, regulatory frameworks, and market contexts. Notably, confidence in the Basel regulatory framework enhances this sentiment-performance relationship, underscoring the importance of compliance for attracting investment. Practical Implications: The results suggest several key policy implications: policymakers can utilize these insights to promote stable regulatory environments that support positive investor sentiment. Basel compliance further strengthens investor confidence, which contributes to improved bank performance in African banks. Bank managers can integrate sentiment analysis into their risk management strategies to anticipate shifts in investor confidence, thereby mitigating performance volatility and ensuring sustainable profitability. Originality/Value: This study contributes to the literature by highlighting the significant role of investor sentiment in influencing bank performance within the African context. It emphasizes the importance of regulatory frameworks and sentiment-driven market dynamics in emerging economies, offering valuable insights for policymakers and bank managers aiming to enhance financial stability. [ABSTRACT FROM AUTHOR]

The purpose of the paper is to examine factors that affect the long-term performance of listed firms from Brazil, Russia, India, China and South Africa (BRICS) that engage in cross-border mergers and acquisitions. This paper adds to the existing literature on the performance of mergers and acquisitions from emerging economies by examining the performance of mergers and acquisitions activities on acquirers from individual BRICS countries and examining whether intra-BRICS acquisitions are more beneficial than non-BRICS acquisitions. The system generalised method of moments estimation technique was employed in order to control for unobservable heterogeneity and potential endogeneity problems using accounting data and merger deal information collected from the Bloomberg online database for the period January 2000 to December 2012.The results obtained indicate that there is persistence in the profits, suggesting that BRICS acquirers continue to profit as they engage in mergers and acquisitions, and firm size significantly impacts the profits of acquirers. [ABSTRACT FROM AUTHOR]