What Drives Stock Price Movements

By Long Chen, Zhi Da, Xinlei Zhao. 2013

182 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/35796304fe3e94e1360b08ff4bb5d688bcec4d52

Citations in the corpus

• Four Centuries of Return Predictability (2014, unknown): “…cash flow news is mostly idiosyncratic and discount rate news is largely systematic, as it appears to be the case in the recent period (Vuolteenaho 2002; Chen, Da, and Zhao 2013), an increase in the number of companies in the index would decrease the role of cash flow news at the market level.”
• The Implied Cost of Capital: A New Approach (2012, unknown): “As a result, the ICC estimated based on analysts’ forecasts has been applied in many studies on empirical asset pricing (e.g., Gebhardt, Lee, and Swaminathan, 2001; Pástor, Sinha, and Swaminathan, 2007; Chava and Purnanandam, 2009; Chen and Zhao, 2009) and on issues related to corporate governance a”