Do sophisticated investors interpret earnings conference call tone differently than investors at large? Evidence from short sales

By Benjamin M. Blau, Jared Delisle, S. Price. 2015

118 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/0d34f262f366f3cad9c5f2f63e356848d7cea665

Citations in the corpus

• Hyperbole or Reality? Investor Response to Extreme Language in Earnings Conference Calls (2019, unknown): “Blau et al. (2015) calculate abnormal tone as the difference between the tone of the introduction and the tone of the question-and-answer section of the earnings call. They find that short sellers interpret abnormal tone differently than naive investors. Milian and Smith (2017) find that the amount ”