Abstract The “Post-Earnings-Announcement Drift” refers to an anomaly in financial markets.
It describes the drift of a firm's stock price in the direction of the firm's earnings surprise for an …

Investor attention is an emergent area in financial scholarship. However, no review till date
offers a comprehensive retrospection of this research domain. To address this gap, we …

We show that information demand density (IDD), proxied by abnormal online search volume
divided by the magnitude of information asymmetry, has material impacts on price efficiency …

This paper investigates the impact of investor attention on the dynamics of the value
premium. We find superior return differences to value-growth strategy conditioned as low …

Despite clear, finite limits on the availability of human attention, limited effort has been
directed toward understanding how user attention is allocated in contexts such as digital …

Drifting in the direction of earnings surprises for a prolonged period is a decades-puzzling
financial anomaly, ie, the “post-earnings-announcement drift”(PEAD). This paper provided a …

Using a direct measure of investor attention generated from the Securities and Exchange
Commission's EDGAR (Electronic Data Gathering, Analysis, and Retrieval) log files, the …

In a world of increasingly extensive information, rational investors can make better
decisions. However, reinforcement-oriented investors are also more likely to observe …

Using a new and direct measure of investor attention generated from the SEC's EDGAR log
files, we revisit the stock return predictability of call-put implied volatility spread through the …

This study tests investors' asymmetry level around the quarterly reports of 47 shares from
2010 to the second quarter of 2020. This asymmetry level was determined by analysing …