The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information

By Michael S. Drake, Nicholas Guest, Brady J. Twedt. 2014

299 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/fd9327349e8485a82eb4a032739137b6f8c7862a

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Brady J. Twedt

In Finance

1. Brady J. Twedt

Citations in the corpus

• Peer effects in corporate disclosure decisions (2020, unknown): “6 Another distinct stream of research examines the diffusion of corporate practices through various common networks (e.g., Chiu, Teoh, and Tian, 2013; Brown and Drake, 2014; Cai, Dhaliwal, Kim, and Pan, 2014).”
• Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach (2018, unknown): “The LDA algorithm discovers the topic distribution for each document and the word distribution of each topic iteratively, by fitting this two-step generative model to the observed words in the documents until it finds the best set of variables that describe the topic and word distributions.”
• The role of the media in disseminating insider-trading news (2016, unknown): “Our evidence complements other recent work, such as Bushee et al. (2010) and Drake et al. (2014), which shows that the business press plays an important role in how the market responds to new information but that does not distinguish between the media’s role in creating content and disseminating…”
• Capital market effects of media synthesis and dissemination: evidence from robo-journalism (2017, unknown): “Our study contributes in several ways to the literature examining the role of the media in capital markets (e.g., Bushee et al. 2010; Tetlock 2010; Engelberg and Parsons 2011; Peress 2014; Drake et al. 2014, 2017; Rogers et al. 2016).”
• Spreading the Word: Price Discovery and Newswire Dissemination of Management Earnings Guidance (2016, background): “of newswires from that of information creation (Drake et al. 2014).”