Evidence map›Paper›PMID 37123945›Full record

ArticleHeliyon2023

Forward looking statement, investor sentiment and stock liquidity.

Chenggang Li, Ying Yan, Xiwei Liu, Shengnan Wan, Yunbao Xu, Hongwei Lin

Abstract read
PubMed Full text at PMC Publisher
In one paragraph

Article in Heliyon, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Chenggang LiSchool of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang, 550000, China.
Ying YanSchool of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang, 550000, China.
Xiwei LiuSchool of Management, Hunan Institute of Engineering, Xiangtan, 411100, China.
Shengnan WanSchool of Foreign Languages, Guizhou University of Finance and Economics, Guiyang, 550000, China.
Yunbao XuSchool of Management, Hunan Institute of Engineering, Xiangtan, 411100, China.
Hongwei LinSchool of Public Health, Hubei University of Medicine, Shiyan, 442000, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Information is a critical element of capital markets, and liquidity is the lifeblood of capital markets. Relative to historical information, forward-looking information is of significant value to investors. Based on textual analysis calculations, we selected Chinese A-share listed companies as a research sample to explore the impact of forward-looking information disclosure level on stock liquidity. It is found that the higher the level of forward-looking information disclosure, the better the stock liquidity. Investor sentiment is the transmission mechanism through which the forward looking statement disclosure level affects stock liquidity. The heterogeneity analysis shows that the level of forward-Looking statement disclosure has a more significant effect on stock liquidity improvement for state-owned enterprises and enterprises in low-market regions than those in regions with high marketization levels. The article expands and enriches the research on forward-looking information disclosure, and also has some reference value for regulators to formulate laws and regulations and regulate forward-looking information disclosure.

Indexed as

Forward-looking informationInformation disclosureInvestor sentimentStock liquidityText information

Identifiers

PMID37123945
PMCPMC10130223

What OpenQuestion holds

Textmetadata
LicenceCC BY-NC-ND
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.