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- W2607054726 abstract "The purpose of this study is to investigate the effect of rumors (released on the web) in the stock market on common stock returns traded in the Shenzhen and Shanghai Stock Exchange. The sample consists of 188 rumors mentioned in the eastmoney.com and 10jqka.com.cn. The results show that the significant average cumulative abnormal returns (CAR) are observed in the beginning 5 days prior to the publication date and the significant CARs are also detected in 10 days post to the publication date. Furthermore, the difference of type of rumors may be an important explanation of the price movement." @default.
- W2607054726 created "2017-04-28" @default.
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- W2607054726 date "2017-04-18" @default.
- W2607054726 modified "2023-10-17" @default.
- W2607054726 title "The Effects of Rumors on Stock Prices: A Test in an Emerging Market" @default.
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- W2607054726 doi "https://doi.org/10.12783/dtssehs/aeme2016/7479" @default.
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