Author Archives: Ashish Ochani

Cryptocurrency Disruption and Investor Reaction to Earnings Announcements 

By | July 29, 2022

Does the increasing attention to cryptocurrencies divert investor attention away from the traditional equity market? In our recent paper, we study whether attention to cryptocurrency impacts information processing and price efficiency in the equity market.   The cryptocurrency market has grown from $17 billion at the beginning of 2017 to $2.2 trillion at the end of… Read More »

The Media Goes Where They’re Needed: The Relation between Firms’ Investor Base and Media Coverage

By | April 27, 2022

The financial media provides information to investors by monitoring firms for malfeasance, such as fraud and excessive CEO pay (Miller, 2006; Core, Guay, and Larcker, 2008). The media also helps investors monitor more mundane corporate activities, such as periodic earnings announcements. However, it is unclear why certain firms get extensive media coverage, along with the resulting benefits,… Read More »