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  • 标题:Effects of Misinformation on the Stock Return: A Case Study
  • 本地全文:下载
  • 作者:A. F. M. Mainul Ahsan ; Dr. Mohammad Osman Gani ; Md. Bokhtiar Hasan
  • 期刊名称:Advances in Economics and Business
  • 印刷版ISSN:2331-5059
  • 电子版ISSN:2331-5075
  • 出版年度:2013
  • 卷号:1
  • 期号:3
  • 页码:282-289
  • DOI:10.13189/aeb.2013.010305
  • 语种:English
  • 出版社:Horizon Research Publishing
  • 摘要:Information affects stock prices, even if it is not truthful. The news piped through the business press may contain deliberately planted misinformation. This study examines the effect of erroneous news and analysis by a leading daily newspaper on the performance of stock returns in the Dhaka Stock Exchange in Bangladesh. The reaction to the false news involves an unsustained jump in stock prices under misguided optimism. We also investigate the scope of legal remedies against false news and stock price manipulation. The responsibility and accountability of the media involved in spreading misinformation is also an issue.
  • 关键词:Misinformation;Bank Company Act;Banking Sector
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