Essays on Information diffusion and stock market efficiency & analyst style

• Main Author: JIN, Zuben
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Business aspects; Earnings conference calls; Topic modelling; Information diffusion; Cross-asset momentum; Abstract thinking; equity analyst; information environment; Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/etd_coll/383; https://ink.library.smu.edu.sg/context/etd_coll/article/1381/viewcontent/dissertation__3_.pdf
• Institution: Singapore Management University

The dissertation consists of three chapters on information diffusion and stock market efficiency and analyst style. The first chapter examines the asset pricing implications of investors’ inattention to non-obvious firm relatedness hidden in earnings calls. This chapter documents that the overlap in...