{"id":"https://openalex.org/W53978907","doi":null,"title":"The impact of information uncertainty on stock price performance and managers' equity financing decision","display_name":"The impact of information uncertainty on stock price performance and managers' equity financing decision","publication_year":2011,"publication_date":"2011-01-01","ids":{"openalex":"https://openalex.org/W53978907","mag":"53978907"},"language":"en","primary_location":{"id":"pmh:oai:etheses.durham.ac.uk:1393","doi":null,"is_oa":true,"landing_page_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","pdf_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","source":{"id":"https://openalex.org/S4306402363","display_name":"Durham e-Theses (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Thesis"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Hua Jun","orcid":"https://orcid.org/0000-0003-2487-5357","observed_orcids":["https://orcid.org/0000-0003-2487-5357"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Hua Jun","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-2487-5357","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0026000000070780516,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/information-uncertainty","display_name":"information uncertainty","score":1.0},{"id":"https://openalex.org/keywords/stock-performance","display_name":"stock performance","score":0.9020000100135803},{"id":"https://openalex.org/keywords/stock-mispricing","display_name":"stock mispricing","score":0.7799999713897705},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.824999988079071},{"id":"https://openalex.org/keywords/growth-options","display_name":"growth options","score":0.7720000147819519},{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.6970000267028809},{"id":"https://openalex.org/keywords/stock-issuance","display_name":"share issuance","score":0.6600000262260437},{"id":"https://openalex.org/keywords/behavioral-finance","display_name":"behavioral finance","score":0.8709999918937683},{"id":"https://openalex.org/keywords/cross-section-of-stock-returns","display_name":"cross-section of stock returns","score":0.7229999899864197}],"concepts":[{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.6635550260543823},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.6518591046333313},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.6511341333389282},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5681661367416382},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5427075624465942},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.49891090393066406},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.48973751068115234},{"id":"https://openalex.org/C109574028","wikidata":"https://www.wikidata.org/wiki/Q647525","display_name":"Behavioral economics","level":2,"score":0.4682629704475403},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.4177197813987732},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.384357750415802},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3613396883010864},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2712238132953644},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:etheses.durham.ac.uk:1393","doi":null,"is_oa":true,"landing_page_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","pdf_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","source":{"id":"https://openalex.org/S4306402363","display_name":"Durham e-Theses (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Thesis"},{"id":"pmh:hdl:10068/983393","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10068/983393","pdf_url":null,"source":{"id":"https://openalex.org/S4377196900","display_name":"OpenGrey (Institut de l'Information Scientifique et Technique)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1295345811","host_organization_name":"Institut de l'Information Scientifique et Technique","host_organization_lineage":["https://openalex.org/I1295345811"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"U - Thesis"},{"id":"pmh:oai:etheses.dur.ac.uk:1393","doi":null,"is_oa":false,"landing_page_url":"http://etheses.dur.ac.uk/1393/","pdf_url":null,"source":{"id":"https://openalex.org/S4306402363","display_name":"Durham e-Theses (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Thesis"},{"id":"mag:53978907","doi":null,"is_oa":false,"landing_page_url":"http://etheses.dur.ac.uk/1393/","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:etheses.durham.ac.uk:1393","doi":null,"is_oa":true,"landing_page_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","pdf_url":"https://etheses.durham.ac.uk/id/eprint/1393/1/thesis.pdf","source":{"id":"https://openalex.org/S4306402363","display_name":"Durham e-Theses (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Thesis"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W53978907.pdf","grobid_xml":"https://content.openalex.org/works/W53978907.grobid-xml"},"referenced_works_count":135,"referenced_works":["https://openalex.org/W91924957","https://openalex.org/W1536256355","https://openalex.org/W1550380623","https://openalex.org/W1555229141","https://openalex.org/W1895366050","https://openalex.org/W1932387058","https://openalex.org/W1965761421","https://openalex.org/W1967872601","https://openalex.org/W1987483370","https://openalex.org/W1992563875","https://openalex.org/W1995834279","https://openalex.org/W1999226894","https://openalex.org/W1999918735","https://openalex.org/W2004822008","https://openalex.org/W2006832730","https://openalex.org/W2010681793","https://openalex.org/W2010917876","https://openalex.org/W2012679794","https://openalex.org/W2014290939","https://openalex.org/W2015207267","https://openalex.org/W2017713899","https://openalex.org/W2020970716","https://openalex.org/W2027047704","https://openalex.org/W2029056003","https://openalex.org/W2042603408","https://openalex.org/W2044758379","https://openalex.org/W2045617304","https://openalex.org/W2048289500","https://openalex.org/W2050031929","https://openalex.org/W2054368094","https://openalex.org/W2054467010","https://openalex.org/W2059149223","https://openalex.org/W2060714269","https://openalex.org/W2064067537","https://openalex.org/W2065754958","https://openalex.org/W2066014798","https://openalex.org/W2067814853","https://openalex.org/W2075389364","https://openalex.org/W2082330181","https://openalex.org/W2098543644","https://openalex.org/W2099495277","https://openalex.org/W2103501201","https://openalex.org/W2103679355","https://openalex.org/W2104346961","https://openalex.org/W2104795328","https://openalex.org/W2104917574","https://openalex.org/W2108260356","https://openalex.org/W2110496272","https://openalex.org/W2113208252","https://openalex.org/W2117178635","https://openalex.org/W2119094949","https://openalex.org/W2120611874","https://openalex.org/W2121606993","https://openalex.org/W2123901340","https://openalex.org/W2123983029","https://openalex.org/W2125520394","https://openalex.org/W2128633294","https://openalex.org/W2131054604","https://openalex.org/W2133230026","https://openalex.org/W2133846920","https://openalex.org/W2134807435","https://openalex.org/W2136120210","https://openalex.org/W2141679668","https://openalex.org/W2142242808","https://openalex.org/W2142626631","https://openalex.org/W2143724982","https://openalex.org/W2144844788","https://openalex.org/W2146930477","https://openalex.org/W2148402268","https://openalex.org/W2155657697","https://openalex.org/W2159522238","https://openalex.org/W2160275010","https://openalex.org/W2160416208","https://openalex.org/W2165305482","https://openalex.org/W2166553613","https://openalex.org/W2170790204","https://openalex.org/W2239900188","https://openalex.org/W2752617332","https://openalex.org/W2890222871","https://openalex.org/W2890844091","https://openalex.org/W2891389313","https://openalex.org/W2891881928","https://openalex.org/W2893941034","https://openalex.org/W2898909907","https://openalex.org/W3023580226","https://openalex.org/W3121253679","https://openalex.org/W3121266168","https://openalex.org/W3121275215","https://openalex.org/W3121404877","https://openalex.org/W3121938770","https://openalex.org/W3122109202","https://openalex.org/W3122186295","https://openalex.org/W3122326417","https://openalex.org/W3122649028","https://openalex.org/W3122685622","https://openalex.org/W3122776771","https://openalex.org/W3122824160","https://openalex.org/W3123055067","https://openalex.org/W3123059183","https://openalex.org/W3123091495","https://openalex.org/W3123142049","https://openalex.org/W3123211549","https://openalex.org/W3123342491","https://openalex.org/W3123443250","https://openalex.org/W3123451865","https://openalex.org/W3123519783","https://openalex.org/W3123666080","https://openalex.org/W3123792419","https://openalex.org/W3123868759","https://openalex.org/W3123895924","https://openalex.org/W3123899576","https://openalex.org/W3123911820","https://openalex.org/W3123912718","https://openalex.org/W3123993840","https://openalex.org/W3124045842","https://openalex.org/W3124114405","https://openalex.org/W3124199787","https://openalex.org/W3124450204","https://openalex.org/W3124536539","https://openalex.org/W3124634234","https://openalex.org/W3124747412","https://openalex.org/W3124796387","https://openalex.org/W3124843212","https://openalex.org/W3124871904","https://openalex.org/W3124909920","https://openalex.org/W3125078907","https://openalex.org/W3125210501","https://openalex.org/W3125252073","https://openalex.org/W3125512896","https://openalex.org/W3125780646","https://openalex.org/W3125951730","https://openalex.org/W3126115909","https://openalex.org/W3126122605","https://openalex.org/W3126137871","https://openalex.org/W4206220145"],"related_works":["https://openalex.org/W7096411347","https://openalex.org/W3123993840","https://openalex.org/W4399374083","https://openalex.org/W4281928297","https://openalex.org/W3111044657","https://openalex.org/W7100218948","https://openalex.org/W1844162014","https://openalex.org/W4386222471","https://openalex.org/W3177398246","https://openalex.org/W1963967542"],"abstract_inverted_index":{"This":[0],"thesis":[1],"investigates":[2],"the":[3,10,23,42,83,112,172,192,201],"role":[4,84],"of":[5,26,29,85,138,153,203,218],"information":[6,30,46,68,86,107,113,123,133,149,166,198],"uncertainty":[7,31,47,69,87,124,150,167,199],"in":[8,51,88,159,179,181,214],"determining":[9],"stock":[11,53,90,95,128,173,204],"price":[12,174],"performance":[13],"and":[14,35,48,106,135,140,151,212],"managers'":[15,182],"equity":[16,154,183],"nancing":[17],"decisions.":[18,185],"The":[19,38,55,97,115,162],"previous":[20],"literature":[21,193],"documents":[22],"experimental":[24],"evidence":[25,57,98,163,196],"significant":[27],"impact":[28],"on":[32],"investors'":[33],"preference":[34],"decision":[36],"making.":[37],"first":[39],"empirical":[40,56,116,188],"examines":[41],"interaction":[43],"effect":[44],"between":[45,148],"underreaction":[49],"anomaly":[50],"UK":[52],"market.":[54,161],"is":[58,207,213],"consistent":[59,208],"with":[60,66,121,194,209],"behavioral":[61,210],"finance":[62,220],"theory":[63],"that":[64,102,119,165,197],"stocks":[65,120],"higher":[67,122],"have":[70,125,178],"greater":[71],"abnormal":[72],"adjusted":[73],"returns,":[74],"especially":[75],"following":[76],"bad":[77],"news.":[78],"Chapter":[79,142],"4":[80],"further":[81],"tests":[82],"cross-sectional":[89],"returns":[91,129],"within":[92],"30":[93],"global":[94],"markets.":[96],"confirms":[99],"my":[100],"conjecture":[101],"both":[103],"growth":[104],"options":[105],"asymmetry":[108,134],"are":[109],"attributes":[110],"to":[111,191,216],"uncertainty.":[114],"findings":[117],"show":[118],"lower":[126],"future":[127],"after":[130],"controlling":[131],"for":[132],"other":[136],"characteristics":[137],"market":[139],"firm.":[141],"5":[143],"reports":[144],"a":[145],"positive":[146],"correlation":[147],"probability":[152],"issuance":[155],"among":[156],"industry":[157],"firms":[158],"US":[160],"shows":[164],"does":[168],"not":[169],"only":[170],"affect":[171],"performance,":[175],"but":[176],"also":[177],"\\nuence":[180],"financing":[184],"Overall,":[186],"our":[187],"work":[189],"contributes":[190],"conclusive":[195],"amplifies":[200],"extent":[202],"mispricing,":[205],"which":[206],"nance":[211],"contrast":[215],"predictions":[217],"neoclassic":[219],"theory.":[221]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}
