Does Investor Attention Matter�S?

The purpose of the study is to examine the effect of investor attention on profitability, liquidity and volatility of a firm. Forty two firms listed on Karachi Stock Exchange are investigated. Data with monthly frequency from November 2009 to October 2013 is analyzed to inspect the relationship. It is found that the investor attention partially affect profitability, liquidity and volatility. Liquidity of a firm is more affected by investor attention as compared to profitability and volatility.