Investor Sentiment and Stock Market Response to Earnings News
By G. Mian, Srinivasan Sankaraguruswamy. 2012
349 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/119b52c840b697101958b2e4f7d7d8329ed555bb
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In Accounting
- Brett Trueman
- David Aboody
- Samuel M. Hartzmark
- Omri Even-Tov
- Christopher D. Williams
- Kelly Shue
- Reuven Lehavy
- G. Iatridis
In Finance
- Brett Trueman
- David Aboody
- Samuel M. Hartzmark
- Omri Even-Tov
- Christopher D. Williams
- Kelly Shue
- Reuven Lehavy
- G. Iatridis
Citations in the corpus
- Firm Life Cycle, Corporate Risk Taking, and Investor Sentiment (2017, neutral): “…2012), disclosure of pro-forma earnings metrics (Brown et al. 2012), earnings management (Simpson, 2013), and the sensitivity of stock prices to firm-specific earnings news (Mian and Sankaraguruswamy, 2012). in property, plant, and equipment (i.e. capital expenditures) and R&D (Jensen, 2005).”
- Asymmetric Responses to Earnings News: A Case for Ambiguity (2015, positive): “Using Baker and Wurgler’s (2006) index, Mian and Sankaraguruswamy (2012) show that high (low) investor sentiment is associated with greater (weaker) investor responses to good versus bad news.”
- A Tough Act to Follow: Contrast Effects in Financial Markets (2018, methodology): “We follow the procedure in Daniel et al. (1997) and sort stocks into NYSE quintiles based on size, book value of equity divided by market value of equity (calculated as in Fama and French, 1992), and momentum calculated using returns from t 20 to t 252 trading days (an analogue to a monthly…”
- Overnight Returns and Firm-Specific Investor Sentiment (2018, methodology): “Baker and Wurgler (2006), Hribar and McInnis (2012), Mian and Sankaraguruswamy (2012), and Seybert and Yang (2012) all conjecture that sentiment 9In untabulated results, we find that the persistence in overnight returns remains reliably positive when we control for all four factors simultaneously…”
- Investor sentiment in the stock market (2013, neutral): “…(2006) investor sentiment index is currently the most popular sentiment proxy considering the number of related papers 30 3 0 (some of them are (Hribar & McInnis, 2011), (Berger & Turtle, 2012), (Kurov, 2010), (Mian & Sankaraguruswamy, 2012), (Ben-Rephael, Kandel, & Wohl, 2012) and (Chen, 2011)).”