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
Fama (1998) points out that ‘splashy results ’ get more attention and so there is an incentive to fi...
This paper explores the relationship between media coverage and stock returns using monthly data of ...
This paper examines whether tone (positive and negative) and volume of firm-specific news media cont...
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...
This thesis contributes to the growing literature on the textual analysis of news and the cross-sec...
In this thesis, I investigate the role of investor attention in financial markets by examining the m...
This paper examines the consequences of news coverage following a chemical disaster on the subsequen...
In this paper we choose a different approach of measuring real sector macroeconomic news to better e...
Through reaching a wide-ranging population of investors, both institutional and individual, mass med...
Using the event-study methodology and multivariate regressions, this paper examines the intensity of...
For decades, the role of media in the financial marketplace has been scrutinized from different pers...
The purposes of this paper were to explore the relationship between media coverage and stock returns...
I use uniquely comprehensive data on financial news events to test four predictions from an asymmetr...
This dissertation investigates the influence of the mass media coverage among NASDAQ common stocks o...
Fama (1998) points out that ‘splashy results ’ get more attention and so there is an incentive to fi...
This paper explores the relationship between media coverage and stock returns using monthly data of ...
This paper examines whether tone (positive and negative) and volume of firm-specific news media cont...
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...
This thesis contributes to the growing literature on the textual analysis of news and the cross-sec...
In this thesis, I investigate the role of investor attention in financial markets by examining the m...
This paper examines the consequences of news coverage following a chemical disaster on the subsequen...
In this paper we choose a different approach of measuring real sector macroeconomic news to better e...
Through reaching a wide-ranging population of investors, both institutional and individual, mass med...
Using the event-study methodology and multivariate regressions, this paper examines the intensity of...
For decades, the role of media in the financial marketplace has been scrutinized from different pers...
The purposes of this paper were to explore the relationship between media coverage and stock returns...
I use uniquely comprehensive data on financial news events to test four predictions from an asymmetr...
This dissertation investigates the influence of the mass media coverage among NASDAQ common stocks o...
Fama (1998) points out that ‘splashy results ’ get more attention and so there is an incentive to fi...
This paper explores the relationship between media coverage and stock returns using monthly data of ...
This paper examines whether tone (positive and negative) and volume of firm-specific news media cont...