We use exogenous decreases in analyst coverage to examine how firm-specific analyst coverage affects media coverage … article. Consistent with the added costs outweighing the added benefits, our tests suggest reductions in analyst coverage … decrease affected firms' media coverage. The effect is concentrated among firms with fewer analysts, firms that lose all …

media coverage may ease this trade-off by revealing these dormant risks. I develop a measure of newspaper coverage of storms … the Hazard Mitigation Grant program managed by FEMA. I find that when newspaper coverage is high, jurisdictions that have … experienced severe storms tend to implement significantly more mitigation projects. Conversely, when coverage of storms is low …

In this study, we investigate how social media coverage mitigates the under-reaction to an earnings surprise captured … analysis in the United States, we find that the market response to an earnings surprise attenuates for firms with high coverage … 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 …