Investors' Information Processing Behavior: Management Disclosures' Fluency and Sentiment

Збережено в:

Бібліографічні деталі
Опубліковано в::	Iranian Journal of Management Studies vol. 18, no. 1 (Jan 2025), p. 145
Автор:	Asnaashari, Hamideh
Інші автори:	Daghani, Reza, Sajadi, Seyed Hossein, Maghrebi, Yeganeh Fagh-four
Опубліковано:	University of Tehran, Qom College
Предмети:	Information processing Management decisions Cognitive load Linguistics Disclosure Investments Perceptions Hypotheses Emotions Stockholders Influence Decision making Investors
Онлайн доступ:	Citation/Abstract Full Text Full Text - PDF
Теги:	Додати тег Немає тегів, Будьте першим, хто поставить тег для цього запису!

Опис
Короткий огляд:	This study investigates the influence of management disclosures' fluency and sentiment on investors' information processing behavior (IPB), and explores how investors' attributes impact their IPB. In this regard, we use A2 x 2 x 2 between-subjects experimental design to present 201 individual investors with disclosures containing bad news about firm performance. These disclosures varied in terms of fluency and sentiment. Our findings suggest that fluency and sentiment impact investors' IPB. Moreover, expert investors respond differently to variations in fluency and sentiment than non-expert investors, and fluency has a more significant effect on IPB than sentiment. This study offers valuable insights into the impact of fluency and sentiment in management disclosures. Additionally, it underscores the significance of considering investors' characteristics when formulating effective disclosure policies.
ISSN:	2008-7055 2345-3745
DOI:	10.22059/ijms.2024.363681.676110
Джерело:	ABI/INFORM Global