Tax News: Evidence from Google Searches and News Coverage
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F23%3A43924520" target="_blank" >RIV/62156489:43110/23:43924520 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.32065/CJEF.2023.04.01" target="_blank" >https://doi.org/10.32065/CJEF.2023.04.01</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32065/CJEF.2023.04.01" target="_blank" >10.32065/CJEF.2023.04.01</a>
Alternative languages
Result language
angličtina
Original language name
Tax News: Evidence from Google Searches and News Coverage
Original language description
We investigate the links between stock returns, market risks, profitability, and behavioral attention on specific fiscal acts in the context of US stock markets. Behavioral attention refers to actions highlighting the importance of information, such as information-selection behavior. Using Google search activity, we focus on the impact of selected tax news on 4,157 US stocks for 2004-2017. We find that positive news is perceived by investors more strongly than negative news, and this also applies to news coverage. We also find evidence that tax news has a different effect on dividend-paying companies than on non-dividend-paying companies.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
<a href="/en/project/EF16_017%2F0002334" target="_blank" >EF16_017/0002334: Research Infrastructure for Young Scientists</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Finance a úvěr-Czech Journal of Economics and Finance
ISSN
0015-1920
e-ISSN
2464-7683
Volume of the periodical
73
Issue of the periodical within the volume
4
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
21
Pages from-to
330-350
UT code for WoS article
001123150500001
EID of the result in the Scopus database
2-s2.0-85179320461