References
- Ahuja, G. Collaboration networks, structural holes, and innovation: A longitudinal study. Administrative Science Quarterly, 45, 3 (2000), 425–455.
- Antweiler, W., and Murray, Z.F. Is all that talk just noise? The information content of internet stock message boards. Journal of Finance, 59, 3 (2004), 1259–1294.
- Bandura, A. Social Learning Theory. Englewood Cliffs, NJ: Prentice Hall, 1977.
- Banerjee, A.V. A simple model of herd behavior. Quarterly Journal of Economics, 107, 3 (1992), 797–817.
- Bikhchandani, S.; Hirshleifer, D.; and Welch, I. A theory of fads, fashion, custom, and cultural change as informational cascades. Journal of Political Economy, 100, 5 (1992), 992–1026.
- Bikhchandani, S., and Sharma, S. Herd behavior in financial markets. IMF Economic Review, 47, 3 (2000), 279–310.
- Bollen, J.; Mao, H.; and Zeng, X. Twitter mood predicts the stock market. Journal of Computational Science, 2, 1 (2011), 1–8.
- Boortz, C.; Jurkatis, S.; Kremer, S.; and Nautz, D. Herding in financial markets: Bridging the gap between theory and evidence. Berlin Doctoral Program in Economics and Management Science, 2013.
- Burt, R.S. The social structure of competition. Networks and Organizations: Structure, Form, and Action, 65 (1992), 57–91.
- Burt, R.S. The network structure of social capital. Research in Organizational Behavior,22 (2000), 345–423.
- Burt, R.S. The social capital of structural holes. In M. F. Guillén (Eds.), The New Economic Sociology: Developments in an Emerging Field. New York, NY: Russell Sage Foundation, 2002, pp. 148–190.
- Çelen, B., and Kariv, S. Distinguishing informational cascades from herd behavior in the laboratory. American Economic Review, 94, 3 (2004), 484–498.
- Clarkson, P.; Joyce, D.; and Tutticci, I. Market reaction to takeover rumour in Internet Discussion Sites. Accounting and Finance, 46, 1 (2006), 31–52.
- Cohen, L.; Frazzini, A.; and Malloy, C. Sell‐side school ties. Journal of Finance, 65, 4 (2010), 1409–1437.
- Coleman, J.S. Foundations of Social Theory. Boston, MA: Harvard University Press,1994.
- Coleman, J.S. Social capital in the creation of human capital. American Journal of Sociology, 49 (1988), 95–120.
- Constant, D.; Sproull, L.; and Kiesler, S. The kindness of strangers: The usefulness of electronic weak ties for technical advice. Organization Science, 7, 2 (1996), 119–135.
- Devenow, A.; and Welch, I. Rational herding in financial economics. European Economic Review, 40, 3 (1996), 603–615.
- Dyer, J.H., and Nobeoka, K. Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal, 1, 3 (2000), 345–367.
- Fleming, L., and Waguespack, D.M. Brokerage, boundary spanning, and leadership in open innovation communities. Organization Science, 18, 2 (2007), 165–180.
- Fracassi, C. Corporate finance policies and social networks. Management Science, 63, 8 (2016), 2420–2438.
- Goldstein, R. Conditioning diagnostics: Collinearity and weak data in Regression. Technometrics, 35, 1 (1993), 85–86.
- Golub, B., and Jackson, M.O. Naive learning in social networks and the wisdom of crowds. American Economic Journal: Microeconomics, 2, 1 (2010), 112–149.
- Graham, J.R. Herding among investment newsletters: Theory and evidence. Journal of Finance, 54, 1 (1999), 237–268.
- Granovetter, M.S. The strength of weak ties. American Journal of Sociology, 78, 6 (1973), 1360–1380.
- Grinold, R.C., and Kahn, R.N. Active Portfolio Management. Journal of Finance, 51,4 (1996), 1559–1562.
- Gulati, R. Does familiarity breed trust? The implications of repeated ties for contractual choice in alliances. Academy of Management Journal, 38, 1 (1995), 85–112.
- Hargadon, A., and Sutton, R.I. Technology brokering and innovation in a product development firm. Administrative Science Quarterly, 42, 4 (1997), 716–749.
- Hirshleifer, D., and Hong Teoh, S. Herd behaviour and cascading in capital markets: A review and synthesis. European Financial Management, 9, 1 (2003), 25–66.
- Hochberg, Y.V.; Ljungqvist, A.; and Lu, Y. Whom you know matters: Venture capital networks and investment performance. Journal of Finance, 62, 1 (2007), 251–301.
- Ioannou, I., and Serafeim, G. The impact of corporate social responsibility on investment recommendations: Analysts’ perceptions and shifting institutional logics. Strategic Management Journal, 36, 7 (2015), 1053–1081.
- Karlan, D.S. Social connections and group banking. Economic Journal, 117, 517 (2007), 52–84.
- Kozinets, R.V.; De Valck, K.; Wojnicki, A.C.; and Wilner, S.J. Networked narratives: Understanding word-of-mouth marketing in online communities. Journal of Marketing, 74, 2 (2010), 71–89.
- Larson, A. Network dyads in entrepreneurial settings: A study of the governance of exchange relationships. Administrative Science Quarterly, 37, 1 (1992), 76–104.
- Li, T.; Berens, G.; and de Maertelaere, M. Corporate Twitter channels: The impact of engagement and informedness on corporate reputation. International Journal of Electronic Commerce, 18, 2 (2013), 97–126.
- Maug, E., and Naik, N. Herding and delegated portfolio management: The impact of relative performance evaluation on asset allocation. Quarterly Journal of Finance, 1, 2 (2011), 265–292.
- Mennis, E.A. The wisdom of crowds: Why the many are smarter than the few and how collective wisdom shapes business, economies, societies, and nations. Business Economics, 41, 4 (2006), 63–65.
- Merali, Y.; Papadopoulos, T.; and Nadkarni, T. Information systems strategy: Past, present, future? Journal of Strategic Information Systems, 21, 2 (2012), 125–153.
- Moran, P. Structural vs. relational embeddedness: Social capital and managerial performance. Strategic Management Journal, 26, 12 (2005), 1129–1151.
- Nahapiet, J., and Ghoshal, S. Social capital, intellectual capital, and the organizational advantage. Academy of Management Review, 23, 2 (1998), 242–266.
- O’Brien, P.C. Analysts’ forecasts as earnings expectations. Journal of Accounting and Economics, 10, 1 (1988), 53–83.
- Okazaki, S.The tactical use of mobile marketing: How adolescents’ social networking can best shape brand extensions. Journal of Advertising Research, 49, 1 (2009), 12–26.
- Pentina, I.; Gammoh, B.S.; Zhang, L.; and Mallin, M. Drivers and outcomes of brand relationship quality in the context of online social networks. International Journal of Electronic Commerce, 17, 3 (2013), 63–86.
- Podolny, J.M. Market uncertainty and the social character of economic exchange. Administrative Science Quarterly, 39, 3 (1994), 458–483.
- Portes, A. Social Capital: Its Origins and Applications in Modern Sociology. Boston: Butterworth-Heinemann, 2000.
- Powell, W.W. Neither market nor hierarchy: Network forms of organization. Organization Behavior, 12 (1990), 295–303.
- Powell, W.W.; Koput, K.W.; and Smith-Doerr, L. Interorganizational collaboration and the locus of innovation: Networks of learning in biotechnology. Administrative Science Quarterly, 41, 1 (1996), 116–145.
- Prendergast, C., and Stole, L.Impetuous youngsters and jaded old-timers: Acquiring a reputation for learning. Journal of political Economy, 104, 6 (1996), 1105–1134.
- Putnam, R. The prosperous community: Social capital and public life. American Prospect. http://prospect.org/article/prosperous-community-social-capital-and-public-life ( accessed on December 11, 2016).
- Putnam, R.D. Bowling Alone: The Collapse and Revival of American Community. New York, NY: Simon and Schuster, 2001.
- Reagans, R., and Zuckerman, E.W. Networks, diversity, and productivity: The social capital of corporate R&D teams. Organization Science, 12, 4 (2001), 502–517.
- Salganik, M.J., and Heckathorn, D.D. Sampling and estimation in hidden populations using respondent‐driven sampling. Sociological Methodology, 34, 1 (2004), 193–240.
- Scharfstein, D.S., and Stein, J.C. Herd behavior and investment. American Economic Review, 80, 3 (1990), 465–479.
- Schipper, K. Analysts’ forecasts. Accounting Horizons, 5, 4 (1991), 105–121.
- Schlereth, C.; Barrot, C.; Skiera, B.; and Takac, C. Optimal product-sampling strategies in social networks: How many and whom to target? International Journal of Electronic Commerce, 18, 1 (2013), 45–72.
- Shane, S., and Cable, D. Network ties, reputation, and the financing of new ventures. Management Science, 48, 3 (2002), 364–381.
- Shiller, R.J.; Kon-Ya, F.; and Tsutsui, Y. Why did the Nikkei crash? Expanding the scope of expectations data collection. Review of Economics and Statistics, 78, 1 (1996), 156–164.
- Shleifer, A. Inefficient Markets: An Introduction to Behavioral Finance. Oxford: Oxford University Press, 2003.
- Szyszka, A. Behavioral anatomy of the financial crisis. Journal of Centrum Cathedra, 3, 2 (2010), 121–135.
- Thaler, R.H. Advances in Behavioral Finance. Princeton, NJ: Princeton University Press, 2005.
- Trueman, B. Analyst forecasts and herding behavior. Review of Financial Studies, 7, 1 (1994), 97–124.
- Tsai, W. Social structure of “coopetition” within a multiunit organization: Coordination, competition, and intraorganizational knowledge sharing. Organization Science, 13, 2 (2002), 179–190.
- Tumarkin, R., and Whitelaw, R.F. News or noise? Internet postings and stock prices. Financial Analysts Journal, 57, 3 (2001), 41–51.
- Uzzi, B. The sources and consequences of embeddedness for the economic performance of organizations: The network effect. American Sociological Review, 61, 4 (1996), 674–698.
- Uzzi, B. Social structure and competition in interfirm networks: The paradox of embeddedness. Administrative Science Quarterly, 42, 1 (1997), 35–67.
- Uzzi, B. Embeddedness in the making of financial capital: How social relations and networks benefit firms seeking financing. American Sociological Review, 64, 4 (1999), 481–505.
- Walker, G.; Kogut, B.; and Shan, W. Social capital, structural holes and the formation of an industry network. Organization Science, 8, 2 (1997), 109–125.
- Wang, X.; Yu, C.; and Wei, Y. Social media peer communication and impacts on purchase intentions: A consumer socialization framework. Journal of Interactive Marketing, 26, 4 (2012), 198–208.
- Welch, I. Sequential sales, learning, and cascades. Journal of Finance, 47, 2 (1992), 695–732.
- Xia, L. Effects of companies’ responses to consumer criticism in social media. International Journal of Electronic Commerce, 17, 4 (2013), 73–100.
- Xiao, Z., and Tsui, A.S.When brokers may not work: The cultural contingency of social capital in Chinese high-tech firms. Administrative Science Quarterly, 52, 1 (2007), 1–31.
- Zaheer, A., and Venkatraman, N. Relational governance as an interorganizational strategy: An empirical test of the role of trust in economic exchange. Strategic Management Journal, 16, 5 (1995), 373–392.
- Zhang, X.; Fuehres, H.; and Gloor, P.A. Predicting stock market indicators through twitter “I hope it is not as bad as I fear.” Procedia-Social and Behavioral Sciences, 26 (2011), 55–62.
- Zucker, L. Markets for bureaucratic authority and control: Information quality in professions and services. Research in the Sociology of Organizations, 8 (1991), 157–190.
- Zwiebel, J. Corporate conservatism and relative compensation. Journal of Political Economy, 103, 1 (1995), 1–25.