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Firm-specific investor sentiment and the stock market response to earnings news
16 references·16 citing·33 second hopsampled
Firm-specific investor sentiment and the stock market response to earnings news (2019)Firm-specific investor sentiment and the …Investor Inattention and Friday Earnings Announcements (2009)Investor Inattention and Frid…Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Giving Content to Investor Se…Investor Sentiment and the Cross‐Section of Stock Returns (2006)Investor Sentiment and the Cr…Chapter 18 A survey of behavioral finance (2003)Chapter 18 A survey of behavi…The rewards to meeting or beating earnings expectations (2002)The rewards to meeting or bea…Capital markets research in accounting (2001)Capital markets research in a…A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)A Unified Theory of Underreac…Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Psychology and Secur…Are Investors Reluctant to Realize Their Losses? (1998)Are Investors Reluctant to Re…Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Measuring Mutual Fund Perform…Momentum Strategies (1996)Momentum StrategiesMarket liquidity and volume around earnings announcements (1994)Market liquidity and volume a…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…Noise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? (1989)Post-Earnings-Announcement Dr…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Investor sentiment and its implication on global financial markets: a systematic review of literature (2025)Investor sentiment and its im…Firm value, ownership structure, and strategic approaches to ESG activities (2024)Firm value, ownership structu…Dual effects of investor sentiment and uncertainty in financial markets (2024)Dual effects of investor sent…Firm-level investor sentiment and corporate announcement returns (2022)Firm-level investor sentiment…The role of investor behavior in emerging stock markets: Evidence from Vietnam (2021)The role of investor behavior…Stock Market’s responses to intraday investor sentiment (2021)Stock Market’s responses to i…Informed options trading around holidays (2021)Informed options trading arou…Does vega-neutral options trading contain information? (2021)Does vega-neutral options tra…Do sentiment trades explain investor overconfidence around analyst recommendation revisions? (2021)Do sentiment trades explain i…The impact of net buying pressure on index options prices (2020)The impact of net buying pres…A Reappraisal of the Causal Relationship between Sentiment Proxies and Stock Returns (2020)A Reappraisal of the Causal R…The effect of investor sentiment on market reactions to financial earnings restatements: Lessons from the United States (2019)The effect of investor sentim…Noise traders, mispricing, and price adjustments in derivatives markets (2019)Noise traders, mispricing, an…Investor sentiment, stock returns, and analyst recommendation changes: The KOSPI stock market (2019)Investor sentiment, stock ret…Investor Sentiment, Market Competition, and Financial Crisis: Evidence from the Korean Stock Market (2019)Investor Sentiment, Market Co…How does FX liquidity affect the relationship between foreign ownership and stock liquidity? (2019)How does FX liquidity affect …The General Theory of Employment, Interest and Money. (1936)The Behavior of Stock-Market Prices (1965)Continuous Auctions and Insider Trading (1985)The Limits of Arbitrage (1995)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Using daily stock returns (1985)Efficient Capital Markets: II (1991)Risk, Return, and Equilibrium: Empirical Tests (1973)Does the Stock Market Overreact? (1985)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)The Cross‐Section of Volatility and Expected Returns (2006)In Search of Attention (2011)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Textual Analysis in Accounting and Finance: A Survey (2016)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Investor Psychology and Asset Pricing (2001)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Judgment under Uncertainty: Heuristics and Biases (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies (2000)Illiquidity and stock returns: cross-section and time-series effects (2002)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 2006Investor Sentiment and the Cross‐Section of Stock Returns6,042 cited
  • 1998Investor Psychology and Security Market Under‐ and Overreactions5,711 cited
  • 2007Giving Content to Investor Sentiment: The Role of Media in the Stock Market4,822 cited
  • 1999A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets4,018 cited
  • 1998Are Investors Reluctant to Realize Their Losses?3,721 cited
  • 1997Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks2,844 cited
  • 2001Capital markets research in accounting2,575 cited
  • 1989Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?2,314 cited
  • 1994Market liquidity and volume around earnings announcements1,786 cited
  • 2009Investor Inattention and Friday Earnings Announcements1,740 cited
  • 2002The rewards to meeting or beating earnings expectations1,706 cited
  • 2003Chapter 18 A survey of behavioral finance1,452 cited

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  • 1996Momentum Strategies1,275 cited
  • Cited by

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    • 2025Investor sentiment and its implication on global financial markets: a systematic review of literature35 cited
    • 2022Firm-level investor sentiment and corporate announcement returns35 cited
    • 2019The effect of investor sentiment on market reactions to financial earnings restatements: Lessons from the United States32 cited
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