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Institutional investors' limited attention and stock price informativeness in emerging markets: Evidence from China
16 references·0 citing·51 second hopsampled
Institutional investors' limited attention and stock price informativeness in emerging markets: Evidence from China (2024)Institutional investors' limited attentio…The real value of China’s stock market (2020)The real value of China’s sto…Do Corporate Site Visits Impact Stock Prices? (2018)Do Corporate Site Visits Impa…Seeing is believing: analysts’ corporate site visits (2016)Seeing is believing: analysts…Stock price synchronicity, crash risk, and institutional investors (2013)Stock price synchronicity, cr…Distracted Shareholders and Corporate Actions (2013)Distracted Shareholders and C…Ownership concentration, foreign shareholding, audit quality, and stock price synchronicity: Evidence from China (2009)Ownership concentration, fore…Opaque financial reports, R2, and crash risk☆ (2009)Opaque financial reports, R2,…Institutional Investors and the Informational Efficiency of Prices (2009)Institutional Investors and t…Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Driven to Distraction: Extran…Insider Trading Laws and Stock Price Informativeness (2008)Insider Trading Laws and Stoc…Does international cross-listing improve the information environment (2008)Does international cross-list…All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)All That Glitters: The Effect…Price Informativeness and Investment Sensitivity to Stock Price (2006)Price Informativeness and Inv…R2 around the world: New theory and new tests☆ (2005)R2 around the world: New theo…The Relation among Disclosure, Returns, and Trading Volume Information (2001)The Relation among Disclosure…The information content of stock markets: why do emerging markets have synchronous stock price movements? (2000)The information content of st…Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)The economic implications of corporate financial reporting (2005)CFOs versus CEOs: Equity incentives and crashes (2011)Corporate tax avoidance and stock price crash risk: Firm-level analysis (2011)Corporate social responsibility and stock price crash risk (2014)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Law and Finance (1998)Does board gender diversity improve the informativeness of stock prices? (2011)Understanding commonality in liquidity around the world (2011)Large Shareholders and Corporate Control (1986)A Survey of Corporate Governance (1997)Can Big 4 versus Non-Big 4 Differences in Audit-Quality Proxies Be Attributed to Client Characteristics? (2010)The Brain Gain of Corporate Boards: Evidence from China (2014)Corporate Governance in China: A Survey (2020)Detecting Earnings Management. (1995)Corporate Governance and Equity Prices (2003)Institutional investors' corporate site visits and corporate innovation (2017)Stock price crash risk: review of the empirical literature (2017)ESG performance and corporate risk-taking: Evidence from China (2023)Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter? (1999)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts (2003)Air pollution, affect, and forecasting bias: Evidence from Chinese financial analysts (2019)A Contribution to the Theory of Economic Growth (1956)Increasing Returns and Long-Run Growth (1986)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)The Principles of Psychology (1891)The Framing of Decisions and the Psychology of Choice (1981)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Investor Inattention and Friday Earnings Announcements (2009)Innovative efficiency and stock returns (2012)Investor Sentiment Aligned: A Powerful Predictor of Stock Returns (2014)Financing Constraints and Corporate Investment (1988)The Cross-Section of Expected Stock Returns (1992)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Information Role of Conservatism (2008)Intangible capital and the investment-q relation (2016)The impact of environmental, social, and governance disclosure on firm value: The role of CEO power (2017)The General Theory of Employment, Interest and Money. (1936)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Do Market Efficiency Measures Yield Correct Inferences? A Comparison of Developed and Emerging Markets (2010)Short Selling and the Price Discovery Process (2012)International Stock Return Predictability: What Is the Role of the United States? (2013)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)In Search of Attention (2011)
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References

  • 2007All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors4,550 cited
  • 2000The information content of stock markets: why do emerging markets have synchronous stock price movements?3,332 cited
  • 2005R2 around the world: New theory and new tests☆2,833 cited
  • 2009Opaque financial reports, R2, and crash risk☆2,796 cited
  • 2009Driven to Distraction: Extraneous Events and Underreaction to Earnings News1,539 cited
  • 2006Price Informativeness and Investment Sensitivity to Stock Price1,492 cited
  • 2009Ownership concentration, foreign shareholding, audit quality, and stock price synchronicity: Evidence from China1,241 cited
  • 2009Institutional Investors and the Informational Efficiency of Prices763 cited
  • 2013Stock price synchronicity, crash risk, and institutional investors723 cited
  • 2016Seeing is believing: analysts’ corporate site visits582 cited
  • 2008Does international cross-listing improve the information environment440 cited
  • 2008Insider Trading Laws and Stock Price Informativeness436 cited
  • 2020The real value of China’s stock market432 cited
  • 2001The Relation among Disclosure, Returns, and Trading Volume Information415 cited
  • 2013

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Distracted Shareholders and Corporate Actions
414 cited
  • 2018Do Corporate Site Visits Impact Stock Prices?295 cited
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