| dc.contributor | 政大財管系 | en_US |
| dc.creator (作者) | 張紹基;陳聖賢;周冠男;林岳祥 | zh_TW |
| dc.creator (作者) | Chang, Shao-Chi;Chen, Sheng-Syan;Chou, Robin K.;Lin, Yueh-Hsiang | en_US |
| dc.date (日期) | 2012-06 | en_US |
| dc.date.accessioned | 12-Dec-2013 17:10:40 (UTC+8) | - |
| dc.date.available | 12-Dec-2013 17:10:40 (UTC+8) | - |
| dc.date.issued (上傳時間) | 12-Dec-2013 17:10:40 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62427 | - |
| dc.description.abstract (摘要) | We undertake a firm-level analysis of the relation between National Football League (NFL) game outcomes and the return patterns of Nasdaq firms headquartered geographically near the NFL teams. We find that a team`s loss leads to lower next-day returns for locally headquartered stocks and that this impact increases for a surprising loss or a critical game loss. The negative effects of game losses are stronger for stocks that are more vulnerable to shifts in sports sentiment. Our results suggest that the game outcomes of local sports teams influence investor sentiment, which significantly affects the returns of localized trading stocks. | en_US |
| dc.format.extent | 208771 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Journal of Empirical Finance, 19(3), 309-318 | en_US |
| dc.subject (關鍵詞) | Behavior finance;Sports sentiment;Localized trading | en_US |
| dc.title (題名) | Local Sports Sentiment and Returns of Locally Headquartered Stocks: A Firm Level Analysis | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1016/j.jempfin.2011.12.005 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/http://dx.doi.org/10.1016/j.jempfin.2011.12.005 | en_US |
