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Do Investors Value Firm's Applicatio...
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Wang, Shensi,
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Do Investors Value Firm's Application of Cryptocurrency and Blockchain Technology? /
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Do Investors Value Firm's Application of Cryptocurrency and Blockchain Technology? // Shensi Wang.
作者:
Wang, Shensi,
面頁冊數:
1 electronic resource (86 pages)
附註:
Source: Dissertations Abstracts International, Volume: 86-02, Section: A.
Contained By:
Dissertations Abstracts International86-02A.
標題:
Finance. -
電子資源:
https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=31485610
ISBN:
9798383695395
Do Investors Value Firm's Application of Cryptocurrency and Blockchain Technology? /
Wang, Shensi,
Do Investors Value Firm's Application of Cryptocurrency and Blockchain Technology? /
Shensi Wang. - 1 electronic resource (86 pages)
Source: Dissertations Abstracts International, Volume: 86-02, Section: A.
This paper examines how investors view a firm's involvement with cryptocurrency or blockchain technology, measured by 10-K disclosures containing the related keywords. I find that investors negatively react to the information related to cryptocurrency or blockchain in the three-day window, but the negative trend is reversed after day four. Surprisingly, the topic analysis indicates that the market reacts positively to all topics related to cryptocurrency and blockchain, except for the "competition environment," suggesting that factors outside adopting cryptocurrency or blockchain affect the negative correlations observed before.
English
ISBN: 9798383695395Subjects--Topical Terms:
542899
Finance.
Subjects--Index Terms:
Bitcoin
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