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Driven to Distraction: Extraneous Events and Underreaction to Earnings News
16 references·16 citing·35 second hopsampled
Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2007)Driven to Distraction: Extraneous Events …Perception and Communication (2016)Perception and CommunicationIndividual Investor Trading and Stock Returns (2008)Individual Investor Trading a…Economic Links and Predictable Returns (2008)Economic Links and Predictabl…All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)All That Glitters: The Effect…Investor attention, overconfidence and category learning (2006)Investor attention, overconfi…All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2005)All that Glitters: The Effect…Limited attention, information disclosure, and financial reporting (2003)Limited attention, informatio…Implications of rational inattention (2003)Implications of rational inat…Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Trading Is Hazardous to Your …The New Issues Puzzle (1995)The New Issues PuzzleThe information content of losses (1995)The information content of lo…Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? (1989)Post-Earnings-Announcement Dr…Timeliness of Reporting and the Stock Price Reaction to Earnings Announcements (1984)Timeliness of Reporting and t…Information and Competitive Price Systems (1976)Information and Competitive P…Perception and communication. (1958)Perception and communication.Some Experiments on the Recognition of Speech, with One and with Two Ears (1953)Some Experiments on the Recog…Disagreement in economic forecasts and equity returns: risk or mispricing? (2022)Disagreement in economic fore…Attention: How high-frequency trading improves price efficiency following earnings announcements (2021)Attention: How high-frequency…Social media, interaction information and stock market efficiency: evidence from the Shenzhen stock exchange easy interaction platform in China (2020)Social media, interaction inf…Earnings notifications, investor attention, and the earnings announcement premium (2018)Earnings notifications, inves…Macro News, Micro News, and Stock Prices (2016)Macro News, Micro News, and S…On the determinants of pairs trading profitability (2015)On the determinants of pairs …March Market Madness: The Impact of Value‐Irrelevant Events on the Market Pricing of Earnings News (2015)March Market Madness: The Imp…Anchoring, the 52-Week High and Post Earnings Announcement Drift (2014)Anchoring, the 52-Week High a…Regression Discontinuity and the Price Effects of Stock Market Indexing (2013)Regression Discontinuity and …Psychological Barriers, Expectational Errors, and Underreaction to News (2013)Psychological Barriers, Expec…Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns (2012)Dynamic Conditional Beta is A…The Trading Volume Impact of Local Bias: Evidence from a Natural Experiment (2011)The Trading Volume Impact of …Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees (2011)Limited and Varying Consumer …Journalists and the Stock Market (2011)Journalists and the Stock Mar…Predictable Trade Flows and Returns of Trade-Linked Countries (2010)Predictable Trade Flows and R…Information Salience, Investor Sentiment, and Stock Returns: The Case of British Soccer Betting (2008)Information Salience, Investo…Some International Evidence on Output-Inflation Tradeoffs. (1973)An Economic Theory of Self-Control (1977)Golden Eggs and Hyperbolic Discounting (1997)Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve (2002)Were There Regime Switches in U.S. Monetary Policy? (2006)In Search of Attention (2011)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)The Cross-Section of Expected Stock Returns (1992)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)A five-factor asset pricing model (2014)Prospect theory: An analysis of decision under risk (1988)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Media Coverage and the Cross‐section of Stock Returns (2009)Who Gambles in the Stock Market? (2009)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Investor Inattention and Friday Earnings Announcements (2009)The cocktail party phenomenon revisited: The importance of working memory capacity (2001)Creativity, Intelligence, and Personality: A Critical Review of the Scattered Literature (2006)Working Memory Underpins Cognitive Development, Learning, and Education (2013)Impression management: A literature review and two-component model. (1990)A controlled-attention view of working-memory capacity. (2001)The magical number 4 in short-term memory: A reconsideration of mental storage capacity (2001)Investor Psychology and Asset Pricing (2001)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)The cognitive neuroscience of creativity (2004)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 2016Perception and Communication4,693 cited
  • 1953Some Experiments on the Recognition of Speech, with One and with Two Ears4,566 cited
  • 2007All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors4,550 cited
  • 1958Perception and communication.4,337 cited
  • 2000Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors3,953 cited
  • 2003Implications of rational inattention3,869 cited
  • 1995The New Issues Puzzle3,550 cited
  • 2003Limited attention, information disclosure, and financial reporting2,339 cited
  • 1995The information content of losses2,315 cited
  • 1989Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?2,314 cited
  • 2006Investor attention, overconfidence and category learning1,451 cited
  • 2008Economic Links and Predictable Returns1,411 cited
  • 2005All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors1,140 cited
  • 2008Individual Investor Trading and Stock Returns1,014 cited
  • 1976Information and Competitive Price Systems921 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1984Timeliness of Reporting and the Stock Price Reaction to Earnings Announcements698 cited
  • Cited by

    • 2011Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees89 cited
    • 2015On the determinants of pairs trading profitability88 cited
    • 2013Regression Discontinuity and the Price Effects of Stock Market Indexing76 cited
    • 2018Earnings notifications, investor attention, and the earnings announcement premium62 cited
    • 2011The Trading Volume Impact of Local Bias: Evidence from a Natural Experiment58 cited
    • 2008Information Salience, Investor Sentiment, and Stock Returns: The Case of British Soccer Betting57 cited
    • 2021Attention: How high-frequency trading improves price efficiency following earnings announcements54 cited
    • 2011Journalists and the Stock Market48 cited
    • 2013Psychological Barriers, Expectational Errors, and Underreaction to News40 cited
    • 2014Anchoring, the 52-Week High and Post Earnings Announcement Drift38 cited
    • 2022Disagreement in economic forecasts and equity returns: risk or mispricing?36 cited
    • 2016Macro News, Micro News, and Stock Prices36 cited
    • 2015March Market Madness: The Impact of Value‐Irrelevant Events on the Market Pricing of Earnings News35 cited
    • 2010Predictable Trade Flows and Returns of Trade-Linked Countries35 cited
    • 2020Social media, interaction information and stock market efficiency: evidence from the Shenzhen stock exchange easy interaction platform in China30 cited
    • 2012Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns27 cited