Impact of the Information about Tax Burden on the Stock Market

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43910341" target="_blank" >RIV/62156489:43110/16:43910341 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Impact of the Information about Tax Burden on the Stock Market
Original language description
The paper investigates relationship between the stock price returns and tax burden of US companies listed on NASDAQ. The special emphasize is put on the role of perception of the news related to changes in tax burden. Using Google Search data I show that increasing tax searches decrease stock prices. Additionally, I differentiate between the market capitalization. The results confirmed higher impact of perception on large cap companies and point out the importance of sentiment analysis at liquid markets.
Czech name
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Czech description
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of 14th International Scientific Conference: Economic Policy in the European Union Member Countries
ISBN
978-80-7510-210-2
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
669-676
Publisher name
Slezská univerzita v Opavě
Place of publication
Opava
Event location
Petrovice u Karviné
Event date
Sep 14, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000403638200070

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