Using data of enterprises of Growth Enterprise Market of China covering 2015 to 2019, this paper investigates the influence of stock price crash risk of customers on the entrepreneurial performance of suppliers. Our findings show that the customers' crash risk leads to a decrease in suppliers' ...
摘要: We survey the burgeoning literature on the determinants of future stock price crash risk in the US, as well as in countries outside the US. Stock price crash ri关键词: Stock price crash risk financial reporting corporate governance non-formal institutions ...
Excess perks and stock price crash risk: Evidence from China☆Nianhang Xua,⁎, Xiaorong Lib, Qingbo Yuanc, Kam C. ChandaSchool of Business, Renmin University of China, Beijing 100872, ChinabSchool of Public Finance, Central University of Finance and Economics, Beijing 100081, ChinacDepartment ...
4 This study takes an initial step in addressing this gap by examining how managers respond to the escalation of crash risk through operating deleveraging (i.e., reducing the fraction of fixed costs in total costs). We define stock price crash risk as the amount of bad news accumulated. It...
Crash risk Financial reporting transparency a b s t r a c t This study investigates whether corporate social responsibility (CSR) mitigates or contributes to stock price crash risk. Crash risk, defined as the conditional skewness of return distribution, captures asymme- try in risk and is im...
crashshortriskstockprice暴跌 Shortinterestandstockpricecrashrisk JeffreyL.Callen a ,XiaohuaFang b,⇑ a RotmanSchoolofManagement,UniversityofToronto,Canada b J.MackRobinsonCollegeofBusiness,GeorgiaStateUniversity,UnitedStates articleinfo Articlehistory: Received1April2014 Accepted3August2015 Availableonline7Augus...
Corporate social responsibility and stock price crash risk. Journal of Banking & Finance 43, 1-13.Kim, Y.; Li, H.; Li, S. Corporate Social Responsibility and Stock Price Crash Risk. J. Bank. Financ. 2014, 6, 1-13. [CrossRef]
This paper examines the impact of social trust on stock price crash risk. Social trust measures the level of mutual trust among the members of a society. Using a large sample of Chinese listed firms for the 2001–2015 period, we find that firms headquartered in regions of high social trust...
Customer Concentration and Stock Price Crash Risk: New Evidence from ChinaJing Li, Huihua Nie & Xinyi ShenAbstract: Using the sample of A-share listed companies from 2011 to 2022, we show a robust negative relationship between customer concentration and stock price crash risk in China. This ...
Religion and stock price crash risk: Evidence fromChinaWenfei Li, Guilong Cai⇑Sun Yat-sen Business School, Sun Yat-sen University, ChinaA R T I C L E I N F OArticle history:Received 11 September 2014Accepted 21 April 2016Available online 20 May 2016Keywords:Religious environmentStock ...