Nguyen, Thi Ngoc Anh; Jung, Hail - In: International Journal of Financial Studies : open … 14 (2026) 1, pp. 1-33
This study examines how geographic distance to Vietnam's centralized securities regulator-the State Securities Commission (SSC)-influences firm-level stock price crash risk. In emerging markets characterized by weak governance, corruption, and political connections, distance can erode monitoring...