Add to ORKGThis study attempts to reconcile two papers that provide contradictory findings on the cross-sectional relation between news coverage and expected stock returns. I first identify elements of their research designs that may be responsible for their discrepancies and then directly examine the existence of news coverage premium using Ravenpack data. I find that stocks with little news coverage earn higher returns than stocks with high news coverage even after controlling for well-known risk factors, but stocks with zero news coverage do not seem to outperform stocks with high news coverage. My findings suggest that the news coverage premium may be sensitive to the time period of the analyses as well as the presence of market crashes
This study investigates how the media produces information. Using a sample of 296,497 Wall Street Jo...
There is not enough empirical evidence about test of the semi-strong efficient hypothesis using news...
Our paper offers evidence that the print media can affect stock prices by covering public informatio...
This study attempts to reconcile two papers that provide contradictory findings on the cross-section...
Aalto University School of Economics Aalto University Abstract School of Economics Septembe...
In this thesis, I investigate the role of investor attention in financial markets by examining the m...
This thesis contributes to the growing literature on the textual analysis of news and the cross-sec...
Through reaching a wide-ranging population of investors, both institutional and individual, mass med...
This study investigates the reciprocal relationships between the fluctuation of the closing prices o...
The link between news and investor decision making is widely discussed in the litera- ture. Utilisin...
This paper examines whether tone (positive and negative) and volume of firm-specific news media cont...
The purposes of this paper were to explore the relationship between media coverage and stock returns...
It is challenging to disentangle the causal impact of media reporting from the impact of the events ...
This dissertation consists of two essays on the effect of the media coverage on investors’ responses...
News are the direct channel through which most investors learn about fundamental changes, hence news...
This study investigates how the media produces information. Using a sample of 296,497 Wall Street Jo...
There is not enough empirical evidence about test of the semi-strong efficient hypothesis using news...
Our paper offers evidence that the print media can affect stock prices by covering public informatio...
This study attempts to reconcile two papers that provide contradictory findings on the cross-section...
Aalto University School of Economics Aalto University Abstract School of Economics Septembe...
In this thesis, I investigate the role of investor attention in financial markets by examining the m...
This thesis contributes to the growing literature on the textual analysis of news and the cross-sec...
Through reaching a wide-ranging population of investors, both institutional and individual, mass med...
This study investigates the reciprocal relationships between the fluctuation of the closing prices o...
The link between news and investor decision making is widely discussed in the litera- ture. Utilisin...
This paper examines whether tone (positive and negative) and volume of firm-specific news media cont...
The purposes of this paper were to explore the relationship between media coverage and stock returns...
It is challenging to disentangle the causal impact of media reporting from the impact of the events ...
This dissertation consists of two essays on the effect of the media coverage on investors’ responses...
News are the direct channel through which most investors learn about fundamental changes, hence news...
This study investigates how the media produces information. Using a sample of 296,497 Wall Street Jo...
There is not enough empirical evidence about test of the semi-strong efficient hypothesis using news...
Our paper offers evidence that the print media can affect stock prices by covering public informatio...