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After the clarification announcements, we find the announcements effective for the positive and neutral rumor sample, but not in the case of the negative sample. However, by comparing different clarification times of each sample, we find that the earlier the clarification time is, the smaller the impact on the companies in positive and negative rumor examples.<\/jats:p>","DOI":"10.4018\/ijabim.2020010103","type":"journal-article","created":{"date-parts":[[2019,11,7]],"date-time":"2019-11-07T08:00:46Z","timestamp":1573113646000},"page":"48-62","source":"Crossref","is-referenced-by-count":4,"title":["Can Rumor Clarification Eliminate the Effects of Rumors?"],"prefix":"10.4018","volume":"11","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-5037-134X","authenticated-orcid":true,"given":"Peinan","family":"Ji","sequence":"first","affiliation":[{"name":"Harbin Institute of Technology, Harbin, China"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Xiangbin","family":"Yan","sequence":"additional","affiliation":[{"name":"University of Science and Technology Beijing, Beijing, China"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Guang","family":"Yu","sequence":"additional","affiliation":[{"name":"Harbin Institute of Technology, Harbin, China"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"2432","reference":[{"key":"IJABIM.2020010103-0","doi-asserted-by":"publisher","DOI":"10.1016\/0378-4266(95)00003-8"},{"issue":"3","key":"IJABIM.2020010103-1","first-page":"15","article-title":"An analysis of shareholder reaction to dividend announcements in bull and bear markets.","volume":"9","author":"S. 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