media coverage may ease this trade-off by revealing these dormant risks. I develop a measure of newspaper coverage of storms …

In this study, we investigate how social media coverage mitigates the under-reaction to an earnings surprise captured … institutional ownership and lower press coverage. The findings are consistent with the view that higher social media coverage …

-related anomalies. Using media coverage as a proxy for investor attention, we show that the anomalies underlying many recently proposed … prominent factors are much more pronounced among firms without media coverage in portfolio formation periods. In addition, we … better among firms without media coverage. The average Fama-French five-factor alpha spread of these anomalies is about 1 …

set of corporate news, we find a negative relation between media coverage and financial leverage. An instrumental variable … shareholder monitoring is weaker. We further find that the effect of media coverage is more pronounced for news related to …