Zobrazeno 1 - 10
of 69
pro vyhledávání: '"Jinfei Sheng"'
Publikováno v:
Financial Management. 52:199-224
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f1fdeda87eb57c887876d4c32da44281
https://doi.org/10.1111/fima.12411
https://doi.org/10.1111/fima.12411
Autor:
David Hirshleifer, Jinfei Sheng
Publikováno v:
Journal of Financial Economics. 145:1006-1024
We study how the arrival of macro-news affects the stock market’s ability to incorporate the information in firm-level earnings announcements. Existing theories suggest that macro and firm-level earnings news are attention substitutes; macro-news a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f696c7c4abd13c65fe84e015cb64f1c7
https://doi.org/10.1016/j.jfineco.2021.09.012
https://doi.org/10.1016/j.jfineco.2021.09.012
Publikováno v:
The Review of Financial Studies. 35:5057-5093
We construct macroeconomic attention indexes (MAI), which are new measures of attention to different macroeconomic risks, including unemployment and monetary policy. Individual MAI tend to increase around related announcements and following changes i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::896a1bdf5e25f8b24bf9b2eba65c4dfd
https://doi.org/10.1093/rfs/hhac011
https://doi.org/10.1093/rfs/hhac011
Publikováno v:
SSRN Electronic Journal.
Do risk disclosures by mutual funds reflect funds’ actual investment risks? Using textual analysis, we examine risk disclosures in funds’ summary prospectuses to determine whether funds do accurately disclose their risks. We first document the ty
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f9d0de9be191651d80a76d2a742b7776
https://doi.org/10.2139/ssrn.3757077
https://doi.org/10.2139/ssrn.3757077
Autor:
David A. Hirshleifer, Jinfei Sheng
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6c523a1bd4ac4852083793ad4c505732
https://doi.org/10.2139/ssrn.3870933
https://doi.org/10.2139/ssrn.3870933
Publikováno v:
SSRN Electronic Journal.
We document sharp differences in stock price responses to COVID-19-related news between public firms headquartered in blue counties (dominated by Democratic voters) and those in red counties (dominated by Republican voters). Red-county stocks on aver
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::964c63381da982b480ba3bcc7f551f5c
https://doi.org/10.2139/ssrn.3809575
https://doi.org/10.2139/ssrn.3809575
Publikováno v:
SSRN Electronic Journal.
This paper studies the role of technological sophistication in Initial Coin Offering (ICO) successes and valuations. Using various machine learning methods, we construct technology indexes from ICO whitepapers to capture technological sophistication
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::331e07b2a90a04ea6e023d786acd3b33
https://doi.org/10.2139/ssrn.3577208
https://doi.org/10.2139/ssrn.3577208
Publikováno v:
SSRN Electronic Journal.
We analyze how employees’ online ratings of firms’ affect their corporate financing and investment policies. We hypothesize that, while employees are unlikely to have access to inside information, their ratings, being driven by their day-to-day i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f7ee4d6f0457c5af3a558db9c4ef176d
https://doi.org/10.2139/ssrn.3507695
https://doi.org/10.2139/ssrn.3507695
Autor:
Jinfei Sheng
Publikováno v:
SSRN Electronic Journal.
Using a new dataset of online employee expectations, I show that employees' beliefs about their employers' business prospects predict future stock returns. A long-short portfolio based on employee expectations delivers an annualized abnormal return o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6461a8a0e7912618067e09ac4045c17a
https://doi.org/10.2139/ssrn.3321275
https://doi.org/10.2139/ssrn.3321275