We provide a psychological explanation for the delayed price response to news about economically linked firms. We show that the return predictability of economically linked firms depends on the nearness to the 52-week high stock price. The interaction between news about economically linked firms...

Purpose: The purpose of this paper is to enhance the forecasting performance of grey model and generate accurate prediction values of Chinese carbon emissions.Design/methodology/approach: A novel grey prediction model with multi-projection is designed. It adapts to the data characteristics,...