Add to ORKGStock return is influenced by information release, dissemination, and acceptance. Rumor clarification is supposed to reduce asymmetric information and abnormal stock return. In this research, we extracted 4134 rumor-clarification pairs from 687,429 postings in social media, and quantified the language used in these messages, along with online firm behaviors, to study the effect of clarifications on stock returns. Our findings include (1) the digitalized rumor clarification messages affect the abnormal returns of the relevant stocks; (2) Such influence can be quantified and measured by the emotion polarity of rumor clarification; (3) Firm’s online clarification behaviors may have no influence on abnormal returns except for the total response...
This paper attempts to quantify the short-term impact of takeover rumors on target stock prices. The...
Non-professional investors often rely on information obtained from social media to make investment d...
It is argued that internet-based short-sellers take advantage of asymmetric information, publishing ...
Rumor and stock markets are coexisted. Most previous studies have focused on the effect of rumor on ...
Thesis (Ph.D.)--University of Washington, 2022Despite the unverified nature of rumors, prior researc...
With the proliferation of social networks and the development of digital technology, the content str...
Using text analysis, this paper analyzes the textual features of clarification announcements release...
Social media enhances information exchange efficiency, yet it also facilitates the dissemination of ...
Social media enhances information exchange efficiency, yet it also facilitates the dissemination of ...
In the past several decades, the Internet has dramatically changed the way modern society communicat...
In the past several decades, the Internet has dramatically changed the way modern society communicat...
Social media enhances information exchange efficiency, yet it also facilitates the dissemination of ...
We perform content analysis on a unique sample of 2074 first-instance published takeover rumors to s...
In the past several decades, the Internet has dramatically changed the way modern society communicat...
It is argued that internet-based short-sellers take advantage of asymmetric information, publishing ...
This paper attempts to quantify the short-term impact of takeover rumors on target stock prices. The...
Non-professional investors often rely on information obtained from social media to make investment d...
It is argued that internet-based short-sellers take advantage of asymmetric information, publishing ...
Rumor and stock markets are coexisted. Most previous studies have focused on the effect of rumor on ...
Thesis (Ph.D.)--University of Washington, 2022Despite the unverified nature of rumors, prior researc...
With the proliferation of social networks and the development of digital technology, the content str...
Using text analysis, this paper analyzes the textual features of clarification announcements release...
Social media enhances information exchange efficiency, yet it also facilitates the dissemination of ...
Social media enhances information exchange efficiency, yet it also facilitates the dissemination of ...
In the past several decades, the Internet has dramatically changed the way modern society communicat...
In the past several decades, the Internet has dramatically changed the way modern society communicat...
Social media enhances information exchange efficiency, yet it also facilitates the dissemination of ...
We perform content analysis on a unique sample of 2074 first-instance published takeover rumors to s...
In the past several decades, the Internet has dramatically changed the way modern society communicat...
It is argued that internet-based short-sellers take advantage of asymmetric information, publishing ...
This paper attempts to quantify the short-term impact of takeover rumors on target stock prices. The...
Non-professional investors often rely on information obtained from social media to make investment d...
It is argued that internet-based short-sellers take advantage of asymmetric information, publishing ...