Conference paper

Authors list: Pröllochs, Nicolas; Feuerriegel, Stefan; Neumann, Dirk

Publication year: 2016

URL: https://aisel.aisnet.org/icis2016/DataScience/Presentations/5

Conference: International Conference on Information Systems (ICIS 2016)

Abstract: 

The Securities and Exchange Commission(SEC) mandates stock-listed companies in the U.S. to file regulated disclosures that should allow investors to make an informed decision before exercising ownership in stock. We thus hypothesize that investors do not rely solely upon the essential facts but are also impaired by unconscious and idiosyncratic characteristics in their perception. In fact, such affective processing is suggested by behavioral finance and information processing theory, while empirical evidence in large-scale settings remains rare. As a remedy, this paper statistically locates decisive words in financial news that reflect the complete bandwidth of drivers behind investment decisions. According to our results, the decision-making of investors is significantly influenced by emotionally-charged content and non-informative wording.

Harvard Citation style: Pröllochs, N., Feuerriegel, S. and Neumann, D. (2016) Is Human Information Processing Affected by Emotional Content? Understanding The Role of Facts and Emotions in the Stock Market, International Conference on Information Systems (ICIS 2016), Dublin, Ireland, December 11 - 14, 2016. https://aisel.aisnet.org/icis2016/DataScience/Presentations/5

APA Citation style: Pröllochs, N., Feuerriegel, S., & Neumann, D. (2016, December 11 - 14, 2016). Is Human Information Processing Affected by Emotional Content? Understanding The Role of Facts and Emotions in the Stock Market. International Conference on Information Systems (ICIS 2016), Dublin, Ireland. https://aisel.aisnet.org/icis2016/DataScience/Presentations/5