DocumentCode
175311
Title
Media Coverage and Stock Return an Impulse Response Analysis
Author
Kuei-Yuan Wang ; Chien-Kuo Chen ; Hsiao-Chi Wei
Author_Institution
Dept. of Finance, Asia Univ., Taichung, Taiwan
fYear
2014
fDate
2-4 July 2014
Firstpage
570
Lastpage
574
Abstract
This study utilized Vector Auto-regression method to investigate the impulse response effect. Our empirical results showed that the amount and signal of media coverage have impact on stock return. However, enterprises might release the fake news to attain some purposes. Hence, this study suggests that investors also should pay more attention to the truth of the media coverage while making the investment decisions.
Keywords
investment; regression analysis; stock markets; transient response; vectors; impulse response analysis; investment decisions; media coverage; stock return; vector autoregression method; Educational institutions; Electronic mail; Finance; Media; Stock markets; Vectors; impulse response analysis; media coverage; stock return;
fLanguage
English
Publisher
ieee
Conference_Titel
Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS), 2014 Eighth International Conference on
Conference_Location
Birmingham
Print_ISBN
978-1-4799-4333-3
Type
conf
DOI
10.1109/IMIS.2014.83
Filename
6975527
Link To Document