Corporate site visit is an important type of investors’ information acquisition activities, but its usefulness is not well understood in the literature, partially due to the lack of data. Using a unique dataset of corporate site visits in China, we analyze the information content and the determinants of corporate site visits. Our main findings are as follows. First, we document a significant ma...

An important challenge in the process of tracking and detecting the dissemination of misinformation is to understand the gap in the political views between people that engage with the so called ”fake news”. A possible factor responsible for this gap is opinion polarization, which may prompt the general public to classify content that they disagree or want to discredit as fake. In this work, we ...

We propose an indicator to measure the degree to which a particular news article is novel, as well as an indicator to measure the degree to which a particular news item attracts attention from investors. The novelty measure is obtained by comparing the extent to which a particular news article is similar to earlier news articles, and an article is regarded as novel if there was no similar artic...

This paper describes the automatic building of a corpus of short Swedish news texts from the Internet, its application and possible future use. The corpus is aimed at research on Information Retrieval, Information Extraction, Named Entity Recognition and Multi Text Summarization. The corpus has been constructed by using an Internet agent, the so called newsAgent, downloading Swedish news text f...

NewsTrust is a non-partisan, nonprofit news service that uses a volunteer community of reviewers to rate the latest news articles on the web. The reviews consist of ratings in 18 different categories, including “facts”, “trust”, “fairness”, and “recommendation”. We obtained over 30,000 reviews spanning more than one year, covering over 15,000 unique news articles. We downloaded every full artic...

2955 One of the most important ingredients in the process of price discovery in financial markets is the flow of new information. The importance of information flow is perhaps most apparent during times of market “crisis,” when it often seems that bad news is being reported simultaneously from multiple sources. This clustering of news could occur because firms learn more during bad times, or be...