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Front‐Page News: The Effect of News Positioning on Financial Markets
16 references·14 citing·40 second hopsampled
Front‐Page News: The Effect of News Positioning on Financial Markets (2023)Front‐Page News: The Effect of News Posit…Measuring Readability in Financial Disclosures (2014)Measuring Readability in Fina…Sentiment During Recessions (2012)Sentiment During RecessionsWhen Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)When Is a Liability Not a Lia…In Search of Attention (2011)In Search of AttentionMedia Coverage and the Cross‐section of Stock Returns (2009)Media Coverage and the Cross‐…Investor Inattention and Friday Earnings Announcements (2009)Investor Inattention and Frid…More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)More Than Words: Quantifying …Annual report readability, current earnings, and earnings persistence (2008)Annual report readability, cu…Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Giving Content to Investor Se…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…Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools (2005)Selection on Observed and Uno…Limited attention, information disclosure, and financial reporting (2003)Limited attention, informatio…Illiquidity and stock returns: cross-section and time-series effects (2002)Illiquidity and stock returns…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)A Unified Theory of Underreac…Topic Modeling in Finance: A Review of Methods, Applications, and Challenges (2026)Topic Modeling in Finance: A …Textual Analysis in Financial Research and Practice: A Literature Review (2025)Textual Analysis in Financial…Does generative AI facilitate investor Trading? Early evidence from ChatGPT outages (2025)Does generative AI facilitate…News Diffusion in Social Networks and Stock Market Reactions (2024)News Diffusion in Social Netw…News Bias in Financial Journalists’ Social Networks (2024)News Bias in Financial Journa…Limited attention to detail in financial markets: Evidence from reduced-form and structural estimation (2024)Limited attention to detail i…When can the market identify old news? 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(2001)Text as Data: The Promise and Pitfalls of Automatic Content Analysis Methods for Political Texts (2013)Textual Analysis in Accounting and Finance: A Survey (2016)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)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)Capital markets research in accounting (2001)Editor's Choice Digesting Anomalies: An Investment ApproachOn Persistence in Mutual Fund Performance (1997)Liquidity Risk and Expected Stock Returns (2003)Asset pricing with liquidity risk (2005)Positive Accounting Theory (1985)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The market pricing of accruals quality (2005)How does financial reporting quality relate to investment efficiency? (2009)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The Sum of All FEARS Investor Sentiment and Asset Prices (2014)Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media (2014)Attention to Global Warming (2019)Prospect theory: An analysis of decision under risk (1988)Who Gambles in the Stock Market? (2009)The General Theory of Employment, Interest and Money. (1936)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Managing with Style: The Effect of Managers on Firm Policies (2003)Law, finance, and economic growth in China (2005)The economic implications of corporate financial reporting (2005)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)
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References

  • 2002Illiquidity and stock returns: cross-section and time-series effects10,008 cited
  • 2011When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks6,003 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 2007Giving Content to Investor Sentiment: The Role of Media in the Stock Market4,822 cited
  • 2007All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors4,550 cited
  • 1999A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets4,018 cited
  • 2005Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools3,676 cited
  • 2011In Search of Attention3,088 cited
  • 2008Annual report readability, current earnings, and earnings persistence2,850 cited
  • 2003Limited attention, information disclosure, and financial reporting2,339 cited
  • 2008More Than Words: Quantifying Language to Measure Firms' Fundamentals2,310 cited
  • 2009Media Coverage and the Cross‐section of Stock Returns1,967 cited
  • 2009Investor Inattention and Friday Earnings Announcements1,740 cited
  • 2014Measuring Readability in Financial Disclosures1,452 cited
  • 2006

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Investor attention, overconfidence and category learning
1,451 cited
  • 2012Sentiment During Recessions1,156 cited
  • Cited by

    • 2020Demand for Information, Uncertainty, and the Response of U.S. Treasury Securities to News81 cited
    • 2020Attention Triggers and Investors' Risk-Taking79 cited
    • 2022Trading on Talent: Human Capital and Firm Performance66 cited
    • 2024News Diffusion in Social Networks and Stock Market Reactions64 cited
    • 2023When can the market identify old news?53 cited
    • 2017Trading on Talent: Human Capital and Firm Performance32 cited
    • 2018Limited attention and M&A announcements30 cited
    • 2025Does generative AI facilitate investor Trading? Early evidence from ChatGPT outages26 cited
    • 2021Endogenous inattention and risk-specific price underreaction in corporate bonds25 cited
    • 2021A Green Wave in Media, a Change of Tack in Stock Markets24 cited
    • 2024Limited attention to detail in financial markets: Evidence from reduced-form and structural estimation17 cited
    • 2024News Bias in Financial Journalists’ Social Networks16 cited
    • 2026Topic Modeling in Finance: A Review of Methods, Applications, and Challenges1 cited
    • 2025Textual Analysis in Financial Research and Practice: A Literature Review1 cited