Convertible bonds are an important segment of the corporate bond market, however, as hybrid instruments, convertible bonds are difficult to value because they depend on variables related to the underlying stock, the fixed-income part, and the interaction between these components. Besides,...

Despite the frequent recognition by the literature on oversupply in the US lodging industry and its adverse effect on industry performance, the academia is yet to provide a clear explanation on when the oversupply has actually taken place, and if so, by how much. Observing that the difficulty in...

Despite the relatively short history of research efforts on exchange rate exposure, past studies have shown considerable attention to trading firms and industries. Meanwhile, international tourism demand is often explained as a function of the exchange rate between the home and visiting...

This paper focuses on the investor sentiment and stocks performance, but we measure investor sentiments, specially, with advice, comments and opinion from professional investors, which are official social networks about community of individual stock, named HDY (互动易), administered by...

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The price of Bitcoin reached its peak a mere few days after the introduction of Bitcoin futures and suffered an 80% loss in the following year. In this paper, we find a significant and negative relationship between the introduction of Bitcoin futures and Bitcoin returns, and an insignificant or...

With the progress in natural language processing and machine learning, using deep learning techniques to extract valuable information from financial texts has gained popularity among researchers. However, as deep learning models require large amounts of labelled data, current models for...

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