The Influence of Research Reports on Stock Returns: The Mediating Effect of Machine-Learning-Based Investor Sentiment

Table 8

Results of mediating effect analysis.

	Coefficient	Std. error	z value
Total effect	0.0225280	0.0039825	5.66
Direct effect	0.0147361	0.0040185	3.67
Indirect effect	0.0077919	0.0020335	3.83