Evidence map›Paper›PMID 38620740›Full record

ArticleGlobal finance journal2022

The COVID-19 pandemic: How important is face-to-face interaction for information dissemination?

Daniel Cahill, Choy Yeing Chloe Ho, Joey W Yang

Abstract read
PubMed Full text at PMC Publisher
In one paragraph

Article in Global finance journal, 2022. 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

3 authors.

Daniel CahillDepartment of Accounting and Finance, University of Western Australia Business School, 35 Stirling Hwy, Crawley, WA 6009, Australia.
Choy Yeing Chloe HoDepartment of Accounting and Finance, University of Western Australia Business School, 35 Stirling Hwy, Crawley, WA 6009, Australia.
Joey W YangDepartment of Accounting and Finance, University of Western Australia Business School, 35 Stirling Hwy, Crawley, WA 6009, Australia.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Does face-to-face interaction still facilitate information transfer despite proliferating communication technologies? We use the COVID-19 collapse in such interactions to examine their influence on information flow in the stock market around earnings announcements. Using daily, county-level abnormal mobility of U.S. residents to proxy for face-to-face interaction, we find that firms located in counties with lower abnormal mobility experience a weaker immediate price reaction to earnings announcements and a larger post-announcement drift. Our findings suggest that lower face-to-face interactions dampen price discovery in financial markets, and that investor attention is a potential mechanism of this effect.

Indexed as

Abnormal mobilityEarnings announcementsFace-to-face interactionInformation disseminationInvestor attention

Identifiers

PMID38620740
PMCPMC8519728

What OpenQuestion holds

Textmetadata
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.