The relationship between Indian realty stocks and online searches

Das, Prashant ( Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland) ; Ziobrowski, Alan ( J. Mack Robinson College of Business, Georgia State University, USA)

We examine the relationship between online real estate searches by investors and the future returns of publicly traded real estate stocks in India. We find evidence that the relevant online search volume indices are significantly related to the future movements in real estate stock returns. However, the association between online searches and stock returns diminishes quickly. The findings suggest that the significance of the online searches is driven by the online investor’s attention to real estate stocks rather than the searches’ representativeness of the fundamental shifts in the market.


Mots-clés:
Type d'article:
scientifique
Faculté:
Economie et Services
Ecole:
EHL Ecole hôtelière de Lausanne
Classification:
Économie/gestion
Date:
2015
Publié dans
Journal of emerging market finance
Numérotation (vol. no.):
April 2015, vol. 14, no. 1, pp. 1-19
DOI:
ISSN:
0972-6527
Le document apparaît dans:

Note Le statut de cette notice est : non diffusé

Note: The status of this file is: restricted


 Notice créée le 2015-10-13, modifiée le 2018-08-31

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