What Are Performative Rituals?
Performative rituals are repeated actions that create meaning, signal commitment, and shape expectations. In finance, they include quarterly earnings calls, IPO roadshows, and investor conferences.
Why Do They Matter in Markets?
Rituals can influence perception, trust, and decision-making. A well-structured earnings call, for example, can stabilize sentiment even when data is mixed. They help align incentives and coordinate behavior among participants.
Examples and Effects
Common examples include annual general meetings, dividend announcements, and regulatory filings. These events provide predictable information flows and reinforce market norms. For more on market rituals and coordination, see https://www.investopedia.com/terms/r/rituals.asp
