政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/122012
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    题名: Do Information Quantity and Transmission Make a Difference to the Stable Contrarian?
    作者: 陳樹衡
    Lin, Hung-Wen;Huang, Jing-Bo;Lin, Kun-Ben;Chen, Shu-Heng
    Chen, Shu-Heng
    贡献者: 經濟系
    关键词: Transparency;Media coverage;Momentum
    日期: 2018-11
    上传时间: 2019-01-19 16:05:57 (UTC+8)
    摘要: We study how financial transparency and media coverage work in the Chinese stock markets. In this paper, transparency means information quantity, while media means information transmission. The market has negative momentum profits no matter how transparency or media coverage changes, which suggests that transparency or media coverage does not work individually in China. High transparency and high media coverage make significantly positive momentum profits, whereas low transparency and low media coverage make significantly negative momentum profits. These outcomes show that transparency and media coverage work jointly in China. Our findings imply that information quantity and transmission are both crucial in China.
    關聯: Decision Economics. Designs, Models, and Techniques for Boundedly Rational Decisions, Springer International Publishing, pp.9-17 Chapter 2
    数据类型: book/chapter
    DOI 連結: http://dx.doi.org/10.1007/978-3-319-99698-1
    DOI: 10.1007/978-3-319-99698-1
    显示于类别:[經濟學系] 專書/專書篇章

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