Do corporate site visits impact stock prices?

• Main Authors: CHENG, Qiang, DU, Fei, WANG, Brian Yutao, WANG, Xin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: corporate site visits; stock price impact; information acquisition; Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1632; https://ink.library.smu.edu.sg/context/soa_research/article/2659/viewcontent/SiteVisits_StockPrice_2017_pp.pdf
• Institution: Singapore Management University

We examine the stock price impact of corporate site visits using a unique dataset of site visits to listed firms in China. Our main findings are as follows. First, the market reaction around corporate site visits is statistically and economically significant and is stronger for group visits, visits...