Articles with "investor" as a keyword



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Neglected disciplinary effects of investor relations: evidence from corporate cash holdings

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Published in 2017 at "Journal of Business Economics"

DOI: 10.1007/s11573-016-0818-4

Abstract: We examine whether, and how, investor relations (IR) quality affects managerial malfeasance by exploring the potential effects on the value, accumulation, and uses of cash holdings. Using European data, we find that an increase in… read more here.

Keywords: quality; cash; propensity firms; cash holdings ... See more keywords
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Unpacking the disclosure package: Using experiments to investigate investor reactions to narrative disclosures

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Published in 2018 at "Accounting, Organizations and Society"

DOI: 10.1016/j.aos.2018.05.001

Abstract: Abstract In this commentary on “Do features that associate managers with a message magnify investor's reactions to narrative disclosures?” by Asay, Libby, and Rennekamp (2018), I discuss issues regarding the experimental methods commonly used to… read more here.

Keywords: reactions narrative; investor reactions; unpacking disclosure; disclosure ... See more keywords
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Stochastic investor sentiment, crowdedness and deviation of asset prices from fundamentals

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Published in 2019 at "Economic Modelling"

DOI: 10.1016/j.econmod.2018.10.008

Abstract: Abstract This study constructs a theoretical model to address how stochastic investor sentiment affects investor's crowdedness, and how stochastic investor sentiment and crowdedness affect asset prices. An asset pricing model incorporating stochastic investor sentiment and… read more here.

Keywords: stochastic investor; investor; asset; asset prices ... See more keywords
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Do investor relations matter in the tourism industry? Evidence from public opinions in China

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Published in 2021 at "Economic Modelling"

DOI: 10.1016/j.econmod.2020.02.033

Abstract: Abstract This study uses public opinions on tourism in China in 2010–2017 as exogenous shocks to analyze how the capital market responds to public opinions on tourism events, and how the investor relations (IR) of… read more here.

Keywords: tourism; tourism industry; public opinions; investor ... See more keywords
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Does retail investor attention improve stock liquidity? A dynamic perspective

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Published in 2020 at "Economic Modelling"

DOI: 10.1016/j.econmod.2020.10.001

Abstract: Abstract The purpose of this paper is to examine the dynamic relationship between retail investor attention and stock liquidity. Using high-frequency data for China’s stock market, we find that retail investor attention, measured by Baidu… read more here.

Keywords: investor attention; stock liquidity; investor; retail investor ... See more keywords
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Implied volatility and investor beliefs in experimental asset markets

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Published in 2019 at "Journal of Financial Markets"

DOI: 10.1016/j.finmar.2019.02.001

Abstract: Investor expectations move markets so the ability to measure beliefs is critical for market participants. Though the volatility implied by traded option prices is a popular gauge of beliefs, our understanding of its usefulness is… read more here.

Keywords: volatility investor; implied volatility; investor beliefs; volatility ... See more keywords
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Investor interaction and price efficiency: Evidence from social media

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Published in 2020 at "Finance Research Letters"

DOI: 10.1016/j.frl.2020.101747

Abstract: Abstract Previous studies have paid scant attention to the different interaction modes of investors. This paper employs a network model to describe different types of investor interaction behaviors in financial social media and study the… read more here.

Keywords: social media; investor; price efficiency; interaction ... See more keywords
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The impact of investor protection law on global takeovers: LBO vs. non-LBO transactions

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Published in 2019 at "Journal of International Financial Markets, Institutions and Money"

DOI: 10.1016/j.intfin.2018.11.012

Abstract: This paper examines the impact of investor protection laws on value creation in LBOs versus non-LBO takeovers. We find that value creation measured by takeover premium is significantly higher in countries with better investor protection.… read more here.

Keywords: non lbo; investor; investor protection; value ... See more keywords
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The effect of investor sentiment on market reactions to financial earnings restatements: Lessons from the United States

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Published in 2019 at "Journal of Behavioral and Experimental Finance"

DOI: 10.1016/j.jbef.2019.100241

Abstract: Abstract The aim of the present research is to investigate the moderating impact of investor sentiment on the effect of earnings restatements on market valuation for a securities sample from the US stock market. Using… read more here.

Keywords: earnings restatements; investor; investor sentiment; sentiment market ... See more keywords
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The investor that could and would: The effect of proactive personality on sustainable investment choice

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Published in 2020 at "Journal of Behavioral and Experimental Finance"

DOI: 10.1016/j.jbef.2020.100313

Abstract: Abstract This paper investigates the influence of exposure to environmental images and proactive personality on investor preferences for sustainable investment. Building on Barbara Fredrickson’s broaden and build theory of positive emotions, we investigated how exposure… read more here.

Keywords: proactive personality; investment; effect; sustainable investment ... See more keywords
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Badge of honor or tolerable reality? How previous firm failure and experience influences investor perceptions

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Published in 2021 at "Journal of Business Venturing Insights"

DOI: 10.1016/j.jbvi.2021.e00252

Abstract: Abstract Entrepreneurs face considerable obstacles in accruing funding and other resources when starting a new venture; problems that are likely compounded when starting a new venture after experiencing failure. In particular, it is unclear how… read more here.

Keywords: new venture; experience; badge honor; investor ... See more keywords