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Financial Attention and the Disposition Effect: An Analysis of Attention-grabbing stocks in the Chinese Stock Market

发布时间:2024-11-12发布部门:旭日工商管理学院

主题:Financial Attention and the Disposition Effect: An Analysis of Attention-grabbing stocks in the Chinese Stock Market

主讲人:秦蓓

时间:2024-11-19 13:30:00

地点:延安路校区旭日楼310室

组织单位:管理学院

报告人简介:

秦蓓,香港浸会大学商学院会计,经济及金融系副教授,专注于研究媒体经济学,发展经济学,金融经济学,数字经济和大数据分析。 曾在EconometricaAmerican Economic Review等期刊发表论文。

报告简介:

Using daily transaction data from over 1.6 million individual Chinese investors between 2005 and 2014, this paper empirically demonstrates a positive relationship between attention and the disposition effect. That is, attention-grabbing stocks (those in the vingtile with the highest returns, highest abnormal trading volumes, or highest abnormal mentions in microblog posts) at the time of purchase tend to have a higher disposition effect than normal stocks.




视频: 摄影: 撰写:管理学院 信息员:周莉莉 编辑:朱一超