Social Media and Capital Markets. An Overview

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43909845" target="_blank" >RIV/62156489:43110/16:43909845 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1016/j.sbspro.2016.05.470" target="_blank" >http://dx.doi.org/10.1016/j.sbspro.2016.05.470</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.sbspro.2016.05.470" target="_blank" >10.1016/j.sbspro.2016.05.470</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Social Media and Capital Markets. An Overview

Popis výsledku v původním jazyce

A growing body of research and practical applications employ social media data as a proxy for complex behavior of a society. This paper provides an overview of academic research related to link between the social media and capital markets. Its theoretical rationale is predominantly defined by behavioral finance. Behavioral finance augments standard model of efficient markets and considers less rational factors like investors' sentiment or public mood as influential for asset pricing or capital market volatility. In this context, social media is a novel tool which enables to collect the data about such less rational factors at the level of a society. The paper introduces social media data from technical and economic point of view. Further, it contributes to the theoretical construction of the transmission mechanism between social media and capital markets currently missing in the literature. Subsequently, the paper summarizes the main findings in this field and outline its future prospects.

Název v anglickém jazyce

Social Media and Capital Markets. An Overview

Popis výsledku anglicky

A growing body of research and practical applications employ social media data as a proxy for complex behavior of a society. This paper provides an overview of academic research related to link between the social media and capital markets. Its theoretical rationale is predominantly defined by behavioral finance. Behavioral finance augments standard model of efficient markets and considers less rational factors like investors' sentiment or public mood as influential for asset pricing or capital market volatility. In this context, social media is a novel tool which enables to collect the data about such less rational factors at the level of a society. The paper introduces social media data from technical and economic point of view. Further, it contributes to the theoretical construction of the transmission mechanism between social media and capital markets currently missing in the literature. Subsequently, the paper summarizes the main findings in this field and outline its future prospects.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GA16-26353S" target="_blank" >GA16-26353S: Sentiment a jeho vliv na akciové trhy</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Procedia - Social and Behavioral Sciences

ISBN

—

ISSN

1877-0428

e-ISSN

—

Počet stran výsledku

9

Strana od-do

70-78

Název nakladatele

Elsevier Science BV

Místo vydání

Amsterdam

Místo konání akce

Brno

Datum konání akce

10. 3. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000386948700009