4.3 Article

Unexpected distractions and investor attention to corporate announcements

Related references

Note: Only part of the references are listed.
Article Management

The Real Side of the High-Volume Return Premium

Doron Israeli et al.

Summary: The study shows that increased trading activity of a firm's stock is positively related to future investment expenditures and financing cash flows, especially for firms with high financial constraints and lower levels of investor recognition. This positive relation is not explained by the arrival of investment-related news or other corporate disclosures, indicating that increased visibility may indeed lead to reductions in cost of capital for firms.

MANAGEMENT SCIENCE (2022)

Article Business, Finance

Stock Price Management and Share Issuance: Evidence from Equity Warrants

Mary E. Barth et al.

Summary: The study investigates whether firms manage stock prices in anticipation of share issuance by examining stock returns around warrant expiration dates. The findings suggest that companies may engage in stock price management to influence warrant exercise, with return patterns differing around the expiration dates.

ACCOUNTING REVIEW (2021)

Article Business, Finance

Tracking Retail Investor Activity

Ekkehart Boehmer et al.

Summary: Retail marketable orders may contain firm-level information beyond what is already reflected in prices, as suggested by recent U.S. equity transactions data. About half of the predictive power of these orders is explained by order flow persistence, with the remainder attributed to factors unrelated to contrarian trading or public news sentiment.

JOURNAL OF FINANCE (2021)

Article Business, Finance

Glued to the TV Distracted Noise Traders and Stock Market Liquidity

Joel Peress et al.

JOURNAL OF FINANCE (2020)

Article Business, Finance

Capital market effects of media synthesis and dissemination: evidence from robo-journalism

Elizabeth Blankespoor et al.

REVIEW OF ACCOUNTING STUDIES (2018)

Article Business, Finance

Time Will Tell: Information in the Timing of Scheduled Earnings News

Travis L. Johnson et al.

JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS (2018)

Article Management

The Comovement of Investor Attention

Michael S. Drake et al.

MANAGEMENT SCIENCE (2017)

Article Business, Finance

It Depends on Where You Search: Institutional Investor Attention and Underreaction to News

Azi Ben-Rephael et al.

REVIEW OF FINANCIAL STUDIES (2017)

Article Business, Finance

Is there a dark side to exchange traded funds? An information perspective

Doron Israeli et al.

REVIEW OF ACCOUNTING STUDIES (2017)

Article Business, Finance

Local Bias in Google Search and the Market Response around Earnings Announcements

Sabrina S. Chi et al.

ACCOUNTING REVIEW (2017)

Article Business, Finance

Do Weather-Induced Moods Affect the Processing of Earnings News?

Ed Dehaan et al.

JOURNAL OF ACCOUNTING RESEARCH (2017)

Article Business, Finance

March Market Madness: The Impact of Value-Irrelevant Events on the Market Pricing of Earnings News

Michael S. Drake et al.

CONTEMPORARY ACCOUNTING RESEARCH (2016)

Article Economics

Measuring Economic Policy Uncertainty

Scott R. Baker et al.

QUARTERLY JOURNAL OF ECONOMICS (2016)

Article Business, Finance

Are Friday announcements special? Overcoming selection bias

Roni Michaely et al.

JOURNAL OF FINANCIAL ECONOMICS (2016)

Article Business, Finance

Further evidence on the strategic timing of earnings news: Joint analysis of weekdays and times of day

Roni Michaely et al.

JOURNAL OF ACCOUNTING & ECONOMICS (2016)

Article Business, Finance

Market (in)attention and the strategic scheduling and timing of earnings announcements

Ed deHaan et al.

JOURNAL OF ACCOUNTING & ECONOMICS (2015)

Article Business, Finance

Bundled forecasts in empirical accounting research

Jonathan L. Rogers et al.

JOURNAL OF ACCOUNTING & ECONOMICS (2013)

Article Business, Finance

Investor Information Demand: Evidence from Google Searches Around Earnings Announcements

Michael S. Drake et al.

JOURNAL OF ACCOUNTING RESEARCH (2012)

Article Business, Finance

In Search of Attention

Zhi Da et al.

JOURNAL OF FINANCE (2011)

Article Business, Finance

The financial reporting environment: Review of the recent literature

Anne Beyer et al.

JOURNAL OF ACCOUNTING & ECONOMICS (2010)

Article Economics

Real-Time Measurement of Business Conditions

S. Boragan Aruoba et al.

JOURNAL OF BUSINESS & ECONOMIC STATISTICS (2009)

Article Business, Finance

Driven to Distraction: Extraneous Events and Underreaction to Earnings News

David Hirshleifer et al.

JOURNAL OF FINANCE (2009)

Article Business, Finance

Investor Inattention and Friday Earnings Announcements

Stefano Dellavigna et al.

JOURNAL OF FINANCE (2009)

Article Business, Finance

The Timing of Earnings Announcements: An Examination of the Strategic Disclosure Hypothesis

Jeffrey T. Doyle et al.

ACCOUNTING REVIEW (2009)

Article Economics

News droughts, news floods, and US disaster relief

Thomas Eisensee et al.

QUARTERLY JOURNAL OF ECONOMICS (2007)

Review Business, Finance

Limited attention, information disclosure, and financial reporting

D Hirshleifer et al.

JOURNAL OF ACCOUNTING & ECONOMICS (2003)

Article Business, Finance

Essays on disclosure

RE Verrecchia

JOURNAL OF ACCOUNTING & ECONOMICS (2001)

Article Business, Finance

The high-volume return premium

S Gervais et al.

JOURNAL OF FINANCE (2001)