Investor awareness or information asymmetry? Wikipedia and IPO underpricing
We use the presence of a Wikipedia article for initial public offering (IPO) firms to test
theories of information asymmetry and investor awareness. Although we find limited support …
theories of information asymmetry and investor awareness. Although we find limited support …
Another victory of retail investors: Social media's monitoring role on firms' earnings management
K Sun, D Wang, X Xiao - International Review of Financial Analysis, 2022 - Elsevier
Stock forums are expected to complement individual investors' sophistication via collective
wisdom, thus triggering extreme market reactions through uniform scattered opinions. This …
wisdom, thus triggering extreme market reactions through uniform scattered opinions. This …
Do social media constrain or promote company violations?
J Li, L Yu, X Mei, X Feng - Accounting & Finance, 2022 - Wiley Online Library
Using retail investor posts on the stock forum from 2008 to 2019, we study the impact of
social media on the incidence of company violations. We find that social media promotes …
social media on the incidence of company violations. We find that social media promotes …
[PDF][PDF] Twitter Twitter Tell Me Truly: Examining the Association between Twitter Activities and Earnings Management
DH Joka - stafflive.iimcal.ac.in
This paper explores whether there exists an association between firms' social media
activities and their tendency to manage earnings. We are keen to investigate whether social …
activities and their tendency to manage earnings. We are keen to investigate whether social …