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NEWS ABOUT NEWS:INFORMATION ARRIVAL AND IRREVERSIBLE INVESTMENT
NEWS ABOUT NEWS INFORMATION ARRIVAL IRREVERSIBLE INVESTMENT
2015/9/18
We analyze how uncertainty about when information about future returns to a project may be revealed affects investment. While "good news" about future returns boosts investment, "goodnews about news" ...
Good News and Bad News:Representation Theorems and Applications
Good News Bad News Theorems and Applications
2015/7/21
Good News and Bad News: Representation Theorems and Applications.
Playing Favorites:How Firms Prevent the Revelation of Bad News
Information Strategy Ethics
2015/4/28
We explore a subtle but important mechanism through which firms manipulate their information environments. We show that firms control information flow to the market through their specific organization...
We explore empirically models of aggregate fluctuations in which consumers form anticipations about the future based on noisy sources of information and these anticipations affect output in the short ...
How news affect the trading behavior of different categories of investors in a financial market
Firm-specific news News sentiment Trading Single investors
2012/9/14
We investigate the trading behavior of a large set of single investors trad-ing the highly liquid Nokia stock over the period 2003-2008 with the aim of determining the relative role of endogenous and ...
Understanding firms' environmental performance: does news matter?
Environmental information Environmental performance News Probit estimation
2011/9/12
The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and ...