References
[1]. Huang, D.S., Wang, H.: Science and technology innovation board: a new institutional supply. Theoretical discussion. 5, 117-122 (2019).
[2]. Jia, Y.H., Ning, J.H.: Research on performance evaluation of companies to be listed on science and technology innovation board under the IPO boom. Economic System Reform. 2, 102-108(2021).
[3]. Guo, C.C., Zhang, C.: Exploration on the institutional innovation of “science and technology innovation board”. Theoretical exploration. 6, 92-98(2021).
[4]. Xi B., Zhang W. W.: Environmental information disclosure and business performance of firms--a test of mediating effects based on investors' concerns. Technology Economics, 41(05), 85-96(2022).
[5]. Li, H.X.: Information Disclosure Supervision: A Smooth and Optimized Path to Mandatory Disclosure. Chongqing Administration, 21(04), 70-72(2020).
[6]. Brown, J. S., Duguid, P. 1st ed.: The social life of information. Harvard Business School Press: Boston, United States, pp.105(2000).
[7]. Troy A.: Paredes, Blinded by the Light: Information Overload and Its Consequences for Securities Regulation. SSRN Electronic Journal (2003).
[8]. Susanna K. R.: The Dangers and Drawbacks of the Disclosure Antidote: Toward A More Substantive Approach to Securities Regulation, Baylor Law Review, 58, 1(2006).
[9]. Zhou G., Fan Q., Wang Y.D.: Information disclosure, price discrimination and crowdfunding performance. Journal of Shanxi University of Finance and Economics, 42(09), 44-57(2020).
[10]. Yang G.: Research on differentiated information disclosure of listed company. Doctor, Southwest University of Political Science and Law, China(2015).
[11]. Li D.X., Li X.D., Xiao B.Q.: Investors Experience, Reinforcement Learning and Stock Market Stability: A Survey, 01, 43-48+54(2011).
[12]. Tang, C.L., Xiang, R.J., Luo, Z.H., et al.: The impact of individual investors' sentiment on corporate social responsibility. Financial Theory and Practice, 42(06), 147-153(2021).
[13]. Xue, Z.Y., Wu, D.H.: Does information overload affect investors' use of public information-empirical evidence from quarterly surplus. Accounting Research, 6, 57-65+96(2004).
[14]. Sun L.: Research on the path of promoting the reform of stock issuance registration system. Shanghai Economic Research, 07, 16-27(2015).
[15]. Fu D., Liao Y.: Analysis of the legal adaptability of information disclosure to investors in the registration system of securities issuance. Journal of Jiangxi University of Finance and Economics, 06, 109-116(2016).
[16]. Pan C.M., Meng Z.J.: Analysis of factors influencing disclosure information overload of listed companies. Modern Trade Industry, 25(14), 17-19(2013).
[17]. Milford, J.T., Perry, R.P.: A methodological study of overload. The Journal of General Psychology, 97, 131-137(1977).
[18]. Streufert, S.C.: Effects of information relevance on decision making in complex environments. Memory & Cognition, 1(3): 224–228(1973).
[19]. Bright, L.F., Kleiser, S.B., Grau, S.L.: Too much Facebook? An exploratory examination of social media fatigue. Comput Human Behav. 44, 148–155(2015).
[20]. Fama, E.: Efficient Capital Markets: A Review of Theory and Empirical Work. J Finance. 25, 383-417(1970).
[21]. Liang, W.L.: The dilemma of information disclosure system under the implementation of science and technology innovation board and its crack. Modern Economic Discussion, 8, 125-132(2019).
[22]. Xue, S., Wang, Y.: Does the IPO review and inquiry of Science and Technology Board help pricing of new shares? --Empirical evidence from the divergent opinions of institutional investors on offline inquiry. Financial Research, 48(01), 138-153(2022).
[23]. Yang, X.L., Gao, M.: The Effect of Reliability of Information and Overconfidence on Stock Market: An Experimental Study. Southern Economy, 02, 23-40(2018).
[24]. Smith, V.L., Suchanek, G. L., Williams, A.W.: Bubbles, Crashes, and Endogenous Experiments in Experimental Spot Asset Market1. Econometrica, 56(5), 1119-1155(1988).
[25]. Yang, X.L., Jin X.J.: Research on the effectiveness of securities market information based on experimental economics approach. Journal of Zhejiang University (Humanities and Social Sciences Edition), 06, 80-88(2005).
Cite this article
Guo,Y.;Liu,Y.;Pan,Z.;Bu,G. (2023). The Impact of Information Overload on Investment Decisions under the Information Disclosure System of STAR Market. Advances in Economics, Management and Political Sciences,4,174-184.
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References
[1]. Huang, D.S., Wang, H.: Science and technology innovation board: a new institutional supply. Theoretical discussion. 5, 117-122 (2019).
[2]. Jia, Y.H., Ning, J.H.: Research on performance evaluation of companies to be listed on science and technology innovation board under the IPO boom. Economic System Reform. 2, 102-108(2021).
[3]. Guo, C.C., Zhang, C.: Exploration on the institutional innovation of “science and technology innovation board”. Theoretical exploration. 6, 92-98(2021).
[4]. Xi B., Zhang W. W.: Environmental information disclosure and business performance of firms--a test of mediating effects based on investors' concerns. Technology Economics, 41(05), 85-96(2022).
[5]. Li, H.X.: Information Disclosure Supervision: A Smooth and Optimized Path to Mandatory Disclosure. Chongqing Administration, 21(04), 70-72(2020).
[6]. Brown, J. S., Duguid, P. 1st ed.: The social life of information. Harvard Business School Press: Boston, United States, pp.105(2000).
[7]. Troy A.: Paredes, Blinded by the Light: Information Overload and Its Consequences for Securities Regulation. SSRN Electronic Journal (2003).
[8]. Susanna K. R.: The Dangers and Drawbacks of the Disclosure Antidote: Toward A More Substantive Approach to Securities Regulation, Baylor Law Review, 58, 1(2006).
[9]. Zhou G., Fan Q., Wang Y.D.: Information disclosure, price discrimination and crowdfunding performance. Journal of Shanxi University of Finance and Economics, 42(09), 44-57(2020).
[10]. Yang G.: Research on differentiated information disclosure of listed company. Doctor, Southwest University of Political Science and Law, China(2015).
[11]. Li D.X., Li X.D., Xiao B.Q.: Investors Experience, Reinforcement Learning and Stock Market Stability: A Survey, 01, 43-48+54(2011).
[12]. Tang, C.L., Xiang, R.J., Luo, Z.H., et al.: The impact of individual investors' sentiment on corporate social responsibility. Financial Theory and Practice, 42(06), 147-153(2021).
[13]. Xue, Z.Y., Wu, D.H.: Does information overload affect investors' use of public information-empirical evidence from quarterly surplus. Accounting Research, 6, 57-65+96(2004).
[14]. Sun L.: Research on the path of promoting the reform of stock issuance registration system. Shanghai Economic Research, 07, 16-27(2015).
[15]. Fu D., Liao Y.: Analysis of the legal adaptability of information disclosure to investors in the registration system of securities issuance. Journal of Jiangxi University of Finance and Economics, 06, 109-116(2016).
[16]. Pan C.M., Meng Z.J.: Analysis of factors influencing disclosure information overload of listed companies. Modern Trade Industry, 25(14), 17-19(2013).
[17]. Milford, J.T., Perry, R.P.: A methodological study of overload. The Journal of General Psychology, 97, 131-137(1977).
[18]. Streufert, S.C.: Effects of information relevance on decision making in complex environments. Memory & Cognition, 1(3): 224–228(1973).
[19]. Bright, L.F., Kleiser, S.B., Grau, S.L.: Too much Facebook? An exploratory examination of social media fatigue. Comput Human Behav. 44, 148–155(2015).
[20]. Fama, E.: Efficient Capital Markets: A Review of Theory and Empirical Work. J Finance. 25, 383-417(1970).
[21]. Liang, W.L.: The dilemma of information disclosure system under the implementation of science and technology innovation board and its crack. Modern Economic Discussion, 8, 125-132(2019).
[22]. Xue, S., Wang, Y.: Does the IPO review and inquiry of Science and Technology Board help pricing of new shares? --Empirical evidence from the divergent opinions of institutional investors on offline inquiry. Financial Research, 48(01), 138-153(2022).
[23]. Yang, X.L., Gao, M.: The Effect of Reliability of Information and Overconfidence on Stock Market: An Experimental Study. Southern Economy, 02, 23-40(2018).
[24]. Smith, V.L., Suchanek, G. L., Williams, A.W.: Bubbles, Crashes, and Endogenous Experiments in Experimental Spot Asset Market1. Econometrica, 56(5), 1119-1155(1988).
[25]. Yang, X.L., Jin X.J.: Research on the effectiveness of securities market information based on experimental economics approach. Journal of Zhejiang University (Humanities and Social Sciences Edition), 06, 80-88(2005).