This paper offers a thorough explanation of the procedure for aspiring authors to learn more about data-gathering techniques and the application of sampling strategies in completing papers for publication in a range of academic fields. The sections describe the data-gathering methods used & sampling techniques to clarify those differences. Both probability sampling and non-probability sam…
This paper aims to review the research of positive accounting theory and the impact of accounting earnings on stock prices.This paper will explain the philosophy, strength, and the stage of positive accounting theory. This paper will also discuss how do market prices reflect all information available in full. Finally, this paper will try to explore various information and literature studies…
How does algorithmic finance operate in society as it crosses the threshold into the hands of lay investors? This article builds on original ethnographic research into a new class of algorithmic trading programs known as ‘roboadvisors’— inexpensive, automated, digital financial platforms that enable ordinary people to invest very small minimum amounts and that rely to a large extent…
We examine the impact of social media sentiment on the informational efficiency of financial markets. Specifically, we explore the relationship between sentiment extracted from Twitter posts and two commonly used measures of efficiency: return autocorrelation and variance ratio. Our findings reveal that higher sentiment leads to higher return autocorrelation and variance ratio the following…
We examine social media attention and sentiment from three major platforms: Twitter, StockTwits, and Seeking Alpha. We find that, even after controlling for firm disclosures and news, attention is highly correlated across platforms, but sentiment is not: its first principal component explains little more variation than purely idiosyn- cratic sentiment. Using market events, we attribute di…
This study examines the impact of the readability of corporate digital trans- formation disclosures on asset mispricing. Digital transformation for enter- prises represents a profound process of organizational change, significantly affecting internal value enhancement and external stakeholders. However, the issue of information asymmetry during the digital transformation process at- tr…