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Purpose - The purpose of this paper is to investigate whether sentiment and mood, which are distinct theoretical … linear techniques, the effect of sentiment and mood on short-term abnormal stock return following earnings announcements is … tested separately. Findings - Mood tends to be a positive factor in predicting short-term abnormal stock return, as its …
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activities, and contributes to the broader psychology and economics literature on the impact of weather-induced mood on labor …
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The main objective of the paper is to test whether post-earnings announcement drift (PEAD) is a consequence of the presence of self-attribution bias in investors’ expectations, regarding permanent earnings. This is the first study to examine empirically this issue, in the sample of Athens...
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