Price, S. McKay; Doran, James S.; Peterson, David R.; … - In: Journal of Banking & Finance 36 (2012) 4, pp. 992-1011
Quarterly earnings conference calls are becoming a more pervasive tool for corporate disclosure. However, the extent to which the market embeds information contained in the tone (i.e. sentiment) of conference call wording is unknown. Using computer aided content analysis, we examine the...