JURNAL

Layanan jurnal yang disediakan oleh Perpustakaan Universitas Gunadarma

The Aggregate Effects of Decentralized Knowledge Production: Financial Bloggers and Information Asymmetries in the Stock Market

Judul Artikel:The Aggregate Effects of Decentralized Knowledge Production: Financial Bloggers and Information Asymmetries in the Stock Market
Judul Terbitan:Journal of Communication
ISSN:0021-9916
Bahasa:ING
Tempat Terbit:
Tahun:2013
Volume:Vol. 63 Issue 6 2013
Penerbit:
Frekuensi Penerbitan:6 x 1 Tahun
Edisi:
Penulis:Gregory D. Saxton & Ashley E. Anker
Abstraksi:New media have markedly enhanced individuals’ capacity to produce and disseminate original knowledge; however, the literature has not extensively examined the broad effects of such decentralized production processes. This study thus focuses on a unique context—the stock market—in which it is possible to test the aggregate impact of blog-based information production. Using data on 150 top financial bloggers and stock returns from the S&P 500, this study supports the hypothesis that financial blogging activity diminishes harmful information asymmetries between key market investors. This study thus adds to the ‘‘media effects’’ literature, highlights the societal relevance of bloggers, and shows how economic concepts and financial market settings can be employed for powerfully testing communication theories
Kata Kunci:-
Lokasi:P1054
Terakreditasi:sudah
Jurusan:Komunikasi