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Investor interaction and price efficiency : evidence from social media

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Social media effect, investor recognition and the cross-section of stock returns

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Social Media Effect, Investor Recognition and the Cross-Section of Stock Returns

Xiangtong, Meng - 2019

Investor recognition affects cross-sectional stock returns. In informationally incomplete markets, investors have limited recognition of all securities, and their holding of stocks with low recognition requires compensation for being imperfectly diversified. Using the number of posts on the...

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A clientele effect in online lending markets : evidence from the comovement between investor sentiment and online lending rates

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