Riding the Blockchain Mania: Public Firms’ Speculative 8-K Disclosures

This paper provides evidence on public firms’ initial 8-K disclosures that mention Blockchain and investors’ response to these disclosures. We categorize the description of Blockchain activities in firms’ 8-Ks as Speculative (e.g., a vague future plan that involves Blockchain) or Existing (e.g., a d...

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Veröffentlicht in:	Management science 2019-12, Vol.65 (12), p.5901-5913
Hauptverfasser:	Cheng, Stephanie F., De Franco, Gus, Jiang, Haibo, Lin, Pengkai
Format:	Artikel
Sprache:	eng
Schlagworte:	Bitcoin Blockchain Companies Digital currencies Disclosure Investors Mania market mania Prices Public companies SEC 8-K filing Technology
Online-Zugang:	Volltext
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