create a website

How do firms attract the attention of individual investors? Shareholder perks and financial visibility. (2021). Nose, Yoshiaki ; Miyagawa, Hisao ; Ito, Akitoshi.
In: Journal of Behavioral and Experimental Finance.
RePEc:eee:beexfi:v:31:y:2021:i:c:s2214635021000642.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 55

References cited by this document

Cocites: 26

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Ahmed, A.S. ; Schneible, R.A. The impact of regulation fair disclosure on investors’ prior information quality: Evidence from an analysis of changes in trading volume and stock price reactions to earnings announcements. 2007 J. Corp. Finance. 13 282-299

  2. Amihud, Y. ; Mendelson, H. ; Uno, J. Number of shareholders and stock prices: Evidence from Japan. 1999 J. Finance. 54 1169-1184

  3. Asquith, P. ; Pathak, P.A. ; Ritter, J.R. Short interest, institutional ownership, and stock returns. 2005 J. Financ. Econom.. 78 243-276

  4. Baker, H.K. ; Nofsinger, J.R. ; Weaver, D.G. International cross-listing and visibility. 2002 J. Financ. Quant. Anal.. 37 495-521

  5. Barber, B.M. ; Lyon, J.D. Detecting long-run abnormal stock returns: The empirical power and specification of test statistics. 1997 J. Financ. Econom.. 43 341-372

  6. Barber, B.M. ; Odean, T. All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors. 2008 Rev. Financ. Stud.. 21 785-818

  7. Blau, B.M. ; Fuller, K.P. ; Van Ness, R.A. Short selling around dividend announcements and ex-dividend days. 2011 J. Corp. Finance. 17 628-639

  8. Bodnaruk, A. ; Ostberg, P. Does investor recognition predict returns?. 2009 J. Financ. Econom.. 91 208-226

  9. Boone, A.L. ; White, J.T. The effect of institutional ownership on firm transparency and information production. 2015 J. Financ. Econom.. 117 508-533

  10. Borochin, P. ; Yang, J. The effects of institutional investor objectives on firm valuation and governance. 2017 J. Financ. Econom.. 126 171-199

  11. Brav, A. ; Jiang, W. ; Partnoy, F. ; Thomas, R. Hedge fund activism, corporate governance, and firm performance. 2008 J. Finance. 63 1729-1775

  12. Bushee, B.J. Do institutional investors prefer near-term earnings over long-run value?. 2001 Contemp. Account. Res.. 18 207-246

  13. Bushee, B.J. The influence of institutional investors on myopic R & D investment behavior. 1998 Account. Rev.. 305-333
    Paper not yet in RePEc: Add citation now
  14. Chen, H. ; Noronha, G. ; Singal, V. The price response to S & P 500 index additions and deletions: Evidence of asymmetry and a new explanation. 2004 J. Finance. 59 1901-1930

  15. Chen, J. ; Hong, H. ; Stein, J.C. Breadth of ownership and stock returns. 2002 J. Financ. Econom.. 66 171-205

  16. De Long, J.B. ; Shleifer, A. ; Summers, L.H. ; Waldmann, R.J. Positive feedback investment strategies and destabilizing rational speculation. 1990 J. Finance. 45 379-395

  17. Diamond, D.W. ; Verrecchia, R.E. Constraints on short-selling and asset price adjustment to private information. 1987 J. Financ. Econom.. 18 277-311

  18. Diether, K.B. ; Malloy, C.J. ; Scherbina, A. Differences of opinion and the cross section of stock returns. 2002 J. Finance. 57 2113-2141

  19. Elton, E.J. ; Gruber, M.J. Homogeneous groups and the testing of economic hypotheses. 1970 J. Financ. Quant. Anal.. 4 581-602

  20. Falkenstein, E.G. Preferences for stock characteristics as revealed by mutual fund portfolio holdings. 1996 J. Finance. 51 111-135

  21. Fama, E.F. Market efficiency, long-term returns, and behavioral finance. 1998 J. Financ. Econom.. 49 283-306

  22. Fang, L. ; Peress, J. Media coverage and the cross-section of stock returns. 2009 J. Finance. 64 2023-2052

  23. Foerster, S.R. ; Karolyi, G.A. The effects of market segmentation and investor recognition on asset prices: Evidence from foreign stocks listing in the United States. 1999 J. Finance. 54 981-1013

  24. Frankel, R. ; Kothari, S. ; Weber, J. Determinants of the informativeness of analyst research. 2006 J. Account. Econ.. 41 29-54

  25. Gaspar, J.-M. ; Massa, M. ; Matos, P. Shareholder investment horizons and the market for corporate control. 2005 J. Financ. Econom.. 76 135-165

  26. Gervais, S. ; Kaniel, R. ; Mingelgrin, D.H. The high-volume return premium. 2001 J. Finance. 56 877-919

  27. Graham, J.R. ; Michaely, R. ; Roberts, M.R. Do price discreteness and transactions costs affect stock returns? Comparing ex-dividend pricing before and after decimalization. 2003 J. Finance. 58 2611-2636

  28. Grullon, G. ; Kanatas, G. ; Weston, J.P. Advertising, breadth of ownership, and liquidity. 2004 Rev. Financ. Stud.. 17 439-461

  29. Hirshleifer, D. ; Teoh, S.H. ; Yu, J.J. Short arbitrage, return asymmetry, and the accrual anomaly. 2011 Rev. Financ. Stud.. 24 2429-2461

  30. Huang, W., Rhee, S.G., Suzuki, K., Yasutake, T., 2016. Shareholder Perks in Japan: price movement and trading volume around ex-benefit days. In: Asian Finance Association (AsianFA) 2016 Conference.
    Paper not yet in RePEc: Add citation now
  31. Jones, C.M. ; Lamont, O.A. Short-sale constraints and stock returns. 2002 J. Financ. Econom.. 66 207-239

  32. Kadlec, G.B. ; McConnell, J.J. The effect of market segmentation and illiquidity on asset prices: Evidence from exchange listings. 1994 J. Finance. 49 611-636

  33. Kaniel, R. ; Liu, S. ; Saar, G. ; Titman, S. Individual investor trading and return patterns around earnings announcements. 2012 J. Finance. 67 639-680

  34. Kaniel, R. ; Ozoguz, A. ; Starks, L. The high volume return premium: Cross-country evidence. 2012 J. Financ. Econom.. 103 255-279

  35. Kaniel, R. ; Saar, G. ; Titman, S. Individual investor trading and stock returns. 2008 J. Finance. 63 273-310

  36. Karpoff, J.M. ; Schonlau, R.J. ; Suzuki, K. Shareholder perks, ownership structure, and firm value. 2020 Rev. Financ. Stud.. -
    Paper not yet in RePEc: Add citation now
  37. Karpoff, J.M. ; Walkling, R.A. Dividend capture in NASDAQ stocks. 1990 J. Financ. Econom.. 28 39-65

  38. Kelley, E.K. ; Tetlock, P.C. How wise are crowds? Insights from retail orders and stock returns. 2013 J. Finance. 68 1229-1265

  39. Lakonishok, J. ; Vermaelen, T. Tax-induced trading around ex-dividend days. 1986 J. Financ. Econom.. 16 287-319

  40. Ljungqvist, A. ; Marston, F. ; Starks, L.T. ; Wei, K.D. ; Yan, H. Conflicts of interest in sell-side research and the moderating role of institutional investors. 2007 J. Financ. Econom.. 85 420-456

  41. Mehran, H. ; Peristiani, S. Financial visibility and the decision to go private. 2009 Rev. Financ. Stud.. 23 519-547

  42. Merton, R.C. A simple model of capital market equilibrium with incomplete information. 1987 J. Finance. 42 483-510

  43. Michaely, R. ; Vila, J.-L. Trading volume with private valuation: Evidence from the ex-dividend day. 1996 Rev. Financ. Stud.. 9 471-509

  44. Miller, E.M. Risk, uncertainty, and divergence of opinion. 1977 J. Finance. 32 1151-1168

  45. Miyagawa, H. Complimentary tickets for shareholders puzzle. 2013 Secur. Anal. J.. 51 96-106
    Paper not yet in RePEc: Add citation now
  46. Mola, S. ; Rau, P.R. ; Khorana, A. Is there life after the complete loss of analyst coverage?. 2013 Account. Rev.. 88 667-705
    Paper not yet in RePEc: Add citation now
  47. Nagel, S. Short sales, institutional investors and the cross-section of stock returns. 2005 J. Financ. Econom.. 78 277-309

  48. Nose, Y. ; Miyagawa, H. ; Ito, A. Unique effect of shareholder perks on stock prices. 2017 Secur. Anal. J.. 55 82-93
    Paper not yet in RePEc: Add citation now
  49. O’Brien, P.C. ; Bhushan, R. Analyst following and institutional ownership. 1990 J. Account. Res.. 28 55-76

  50. Pine, B.J. ; Pine, J. ; Gilmore, J.H. The Experience Economy: Work Is Theatre & Every Business a Stage. 1999 Harvard Business Press:
    Paper not yet in RePEc: Add citation now
  51. Prado, M.P. ; Saffi, P.A. ; Sturgess, J. Ownership structure, limits to arbitrage, and stock returns: Evidence from equity lending markets. 2016 Rev. Financ. Stud.. 29 3211-3244

  52. Sias, R.W. ; Starks, L.T. Return autocorrelation and institutional investors. 1997 J. Financ. Econom.. 46 103-131
    Paper not yet in RePEc: Add citation now
  53. Wang, C. ; Chin, S. Profitability of return and volume-based investment strategies in China’s stock market. 2004 Pac.-Basin Finance J.. 12 541-564

  54. Wang, P. ; Wen, Y. ; Singh, H. The high-volume return premium: Does it exist in the Chinese stock market?. 2017 Pac.-Basin Finance J.. 46 323-336

  55. Yasutake, T. ; Nagata, K. ; Matsuda, Y. The purpose of providing shareholder perks for Japanese firms: Relation to listing criteria. 2018 Japan J. Finance. 31 75-91
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Task-oriented speech and information processing. (2024). Bhagwat, Vineet ; Shirley, Sara E ; Stark, Jeffrey R.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:161:y:2024:i:c:s0378426624000153.

    Full description at Econpapers || Download paper

  2. Under the microscope: Trade initiation activities around earnings and takeover announcements in a market with continuous disclosure. (2024). Kalev, Petko S ; Mudalige, Priyantha.
    In: Global Finance Journal.
    RePEc:eee:glofin:v:63:y:2024:i:c:s1044028324001261.

    Full description at Econpapers || Download paper

  3. Words and numbers: A disagreement story from post-earnings announcement return and volume patterns. (2023). Grossetti, Francesco ; Daugusta, Carlo ; de Vito, Antonio.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:54:y:2023:i:c:s1544612323000685.

    Full description at Econpapers || Download paper

  4. Variable trading hours and market reactions to earnings announcements. (2023). Drummond, Philip A.
    In: Economics Letters.
    RePEc:eee:ecolet:v:229:y:2023:i:c:s0165176523002240.

    Full description at Econpapers || Download paper

  5. Do cryptocurrency markets react to issuer sentiments? Evidence from Twitter. (2022). Zhang, Jiahang.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:61:y:2022:i:c:s0275531922000447.

    Full description at Econpapers || Download paper

  6. How do firms attract the attention of individual investors? Shareholder perks and financial visibility. (2021). Nose, Yoshiaki ; Miyagawa, Hisao ; Ito, Akitoshi.
    In: Journal of Behavioral and Experimental Finance.
    RePEc:eee:beexfi:v:31:y:2021:i:c:s2214635021000642.

    Full description at Econpapers || Download paper

  7. Are Friday announcements special in a continuous disclosure environment?. (2021). Truong, Thu Phuong ; Duong, Lien ; Chapple, Larelle.
    In: Accounting and Finance.
    RePEc:bla:acctfi:v:61:y:2021:i:s1:p:2031-2067.

    Full description at Econpapers || Download paper

  8. The impact of regulation on information quality and performance around seasoned equity offerings: International evidence. (2017). Fauver, Larry ; Loureiro, Gilberto ; Taboada, Alvaro G.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:44:y:2017:i:c:p:73-98.

    Full description at Econpapers || Download paper

  9. Information Acquisition in the Era of Fair Disclosure: An Application of Asymmetric Awareness. (2017). Zhen, Liu.
    In: The B.E. Journal of Theoretical Economics.
    RePEc:bpj:bejtec:v:17:y:2017:i:2:p:16:n:4.

    Full description at Econpapers || Download paper

  10. Changes in analyst following for less covered firms accompanying Regulation Fair Disclosure: the roles of ability and industry experience. (2016). Chen, Hueiling ; Lin, Hsiou-Wei W ; Huang, Cheng-Tsu.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:46:y:2016:i:3:d:10.1007_s11156-014-0477-x.

    Full description at Econpapers || Download paper

  11. Corporate disclosure: a review of its (direct and indirect) benefits and costs. (2016). SAIDANE, Dhafer ; Refait-Alexandre, Catherine ; Farvaque, Etienne.
    In: Working Papers.
    RePEc:hal:wpaper:hal-01391688.

    Full description at Econpapers || Download paper

  12. Firm strategy and market reaction to earnings. (2016). Schneible, Richard A ; Fernando, Guy D ; Tripathy, Arindam.
    In: Advances in accounting.
    RePEc:eee:advacc:v:33:y:2016:i:c:p:20-34.

    Full description at Econpapers || Download paper

  13. Information Asymmetry and Quarterly Disclosure Decisions by Firms: Evidence From the Tokyo Stock Exchange. (2016). Kubota, Keiichi ; Takehara, Hitoshi.
    In: International Review of Finance.
    RePEc:bla:irvfin:v:16:y:2016:i:1:p:127-159.

    Full description at Econpapers || Download paper

  14. Do sophisticated investors interpret earnings conference call tone differently than investors at large? Evidence from short sales. (2015). DeLisle, Jared ; Blau, Benjamin ; Price, McKay S..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:31:y:2015:i:c:p:203-219.

    Full description at Econpapers || Download paper

  15. Reported earnings and analyst forecasts as competing sources of information: A new approach. (2012). faff, robert ; Anderson, Heather.
    In: Australian Journal of Management.
    RePEc:sae:ausman:v:37:y:2012:i:3:p:333-359.

    Full description at Econpapers || Download paper

  16. Does Regulation Fair Disclosure affect analysts’ forecast performance? The case of restructuring firms. (2012). Yang, Rong ; Lin, Beixin.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:38:y:2012:i:4:p:495-517.

    Full description at Econpapers || Download paper

  17. Information disclosure with leakages. (2012). Gregoire, Philippe ; Huang, Hui.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:29:y:2012:i:5:p:2005-2010.

    Full description at Econpapers || Download paper

  18. Effect of regulation FD on disclosures of information by firms. (2011). Prakash, Arun ; Shankar, Siddharth ; Karels, Gordon ; Lawrence, Edward.
    In: Applied Financial Economics.
    RePEc:taf:apfiec:v:21:y:2011:i:13:p:979-996.

    Full description at Econpapers || Download paper

  19. The Effects of a Change in Market Abuse Regulation on Abnormal Returns and Volumes: Evidence from the Amsterdam Stock Market. (2010). ter Weel, Bas.
    In: De Economist.
    RePEc:kap:decono:v:158:y:2010:i:3:p:237-293.

    Full description at Econpapers || Download paper

  20. The effects of a change in market abuse regulation on abnormal returns and volumes: Evidence from the Amsterdam stock market. (2010). van der Wiel, Henry.
    In: CPB Discussion Paper.
    RePEc:cpb:discus:154.rdf.

    Full description at Econpapers || Download paper

  21. Regulation Fair Disclosure and the Cost of Adverse Selection. (2008). Smith, Tom ; Whaley, Robert E. ; Willis, Richard H. ; Sidhu, Baljit .
    In: Journal of Accounting Research.
    RePEc:bla:joares:v:46:y:2008:i:3:p:697-728.

    Full description at Econpapers || Download paper

  22. Measuring the costs and benefits of regulation: Conceptual issues in securities markets. (2007). Mulherin, Harold J..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:421-437.

    Full description at Econpapers || Download paper

  23. Recent changes in disclosure regulation: Description and evidence. (2007). Bethel, Jennifer E..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:335-342.

    Full description at Econpapers || Download paper

  24. SEC Regulation Fair Disclosure, information, and the cost of capital. (2007). Madureira, Leonardo ; Gorton, Gary ; Gomes, Armando.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:300-334.

    Full description at Econpapers || Download paper

  25. Is there less informed trading after regulation fair disclosure?. (2007). Collver, Charles D..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:270-281.

    Full description at Econpapers || Download paper

  26. Evaluating the boundaries of SEC regulation. (2007). Smith, Janet.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:189-194.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-29 05:11:41 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.