This paper reviews the literature examining how costs of monitoring for, acquiring, and
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …

We examine how firms respond to the increased workplace transparency due to the
coverage on Glassdoor. com, which collects and disseminates reviews on employee …

Prior research has examined how companies exploit Twitter in communicating with
investors, and whether Twitter activity predicts the stock market as a whole. We test whether …

We study brokerage platform outages to examine the impact of retail investors on financial
markets. We contrast outages at Robinhood, which caters to inexperienced investors, with …

We find that firms experiencing improvements in crowdsourced employer ratings
significantly outperform firms with declines. The return effect is concentrated among reviews …

We examine social media attention and sentiment from three major platforms: Twitter,
StockTwits, and Seeking Alpha. We find that, even after controlling for firm disclosures and …

This paper reviews research that uses big data and/or machine learning methods to provide
insight relevant for equity valuation. Given the huge volume of research in this area, the …

The data explosion of the last few years from social media and 'big'data, along with the
impact of disruptive technologies, like blockchain and machine learning, have changed the …

We study the effects of social media on the informativeness of retail trading. Our
identification strategy exploits the editorial delay between report submission and publication …

We use employee predictions of their companies' six-month business outlook from
Glassdoor. com to assess the information content of employee social media disclosures. We …