Layanan jurnal yang disediakan oleh Perpustakaan Universitas Gunadarma
Judul Artikel | : | Mirror or Molder? A Study of Media Coverage, Stock Prices, and Trading Volumes in Germany |
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Judul Terbitan | : | Journal of Communication |
ISSN | : | 0021-9916 |
Bahasa | : | ING |
Tempat Terbit | : | |
Tahun | : | 2011 |
Volume | : | Vol. 61 Issue 1 2011 |
Penerbit | : | |
Frekuensi Penerbitan | : | 6 x 1 Tahun |
Edisi | : | |
Penulis | : | Bertram Scheufele1, Alexander Haas2, & Hans-Bernd Brosius2 |
Abstraksi | : | This article investigates the short-term relationship between media coverage, stock prices, and trading volumes of eight listed German companies. A content analysis of news reports about the selected companies and a secondary analysis of the daily changes in closing prices and the trading volumes of these companies were combined in a time-series design. After ARIMAmodeling each of them, the results suggest that media coverage rather reflects than shapes the development at stock exchanges from a short-term perspective (2 months). There were almost no hints for a widespread media effect, that is, an impact on so many investors that it will result in a measurable change in stock prices or trading volumes. Finally, theoretical and methodological consequences for exploring widespread media effects are discussed. |
Kata Kunci | : | - |
Lokasi | : | P48 |
Terakreditasi | : | sudah |
Jurusan | : | Komunikasi |