Showing 1 - 10 of 5,014
the top 5 cryptocurrencies' crash risks on the G-7 and China equity markets' crash risks. MATLAB was used to calculate the … crash risks, while Stata software was employed for the econometric analysis. Three crash risk measures are used to validate … cryptocurrencies are positively related with G-7 and Chinese stock markets' crash risk. This suggests that the crash risk transmits …
Persistent link: https://www.econbiz.de/10015179649
This study aims to examine the effect of investor sentiment on stock market crash risk in the Asia-Pacific region. The … sentiment positively impacts on crash risk in the middle to higher quantities. Moreover, regional sentiment significantly … increases stock market crash risk, particularly at higher quantiles, while local sentiment generally reduces crash risk at the …
Persistent link: https://www.econbiz.de/10015193537
This paper aims to investigate short selling and stock price crash risk. The authors find that short selling is … positively associated with one-month-ahead stock price crash risk, consistent with the literature showing that short sellers are …
Persistent link: https://www.econbiz.de/10012592605
This study examines whether ESG (environmental, social and governance) disclosure influences firm-specific crash risk … risk by virtue of lower opacity and information asymmetry between managers and outside investors (e.g., by facilitating the … risk. The results are robust to different model specifications employed by previous research. The impact of ESG disclosure …
Persistent link: https://www.econbiz.de/10013334837
reveals that firms with a greater degree of conservatism witness a significant reduction in crash risk after accounting for … firm-specific determinants of crash risk along with firm and year fixed effects. This result corroborates the findings in … offers advantages by mitigating future crash risk, especially for firms with high intangible intensity. …
Persistent link: https://www.econbiz.de/10014635404
Using China's Cybersecurity Law (CSL) as an exogenous shock, I examine how personal data security affects stock crash … risk. I find that the stock crash risk of treatment firms (which collect personal data) significantly decreases after the … CSL, and such decrease is larger when firms face greater personal data breach risk and have less transparent information …
Persistent link: https://www.econbiz.de/10015133963
economies (Brazil, Russia, India, China, South Africa, Mexico, Indonesia, South Korea, and Turkey). We employ an expanded GARCH …
Persistent link: https://www.econbiz.de/10013174316
This paper empirically tests the impact of CEO’s alumni relationships on the stock price crash risk during CEO turnover …. Empirical tests find that CEOs’ advantage among alumni networks will increase stock price crash risk during CEO turnover to some …. In addition, the positive effect of alumni network on stock price crash risk mainly exists in the regions where the legal …
Persistent link: https://www.econbiz.de/10013393583
condition of accounting statements. Hence, the study identifies that heavily polluting enterprises in China have severe off …-in-difference (DID) model and the propensity score matching-DID model, the impact of CETS on reducing the risk of stock price crashes is … examined using data from China's A-share heavily polluting listed companies from 2007 to 2019. The results of this study are as …
Persistent link: https://www.econbiz.de/10014289073
price crash risk of China's publicly listed firms over the period of 2017-2021. The empirical results show that risk …This study examines whether and how risk disclosures in Management Discussion and Analysis (MD&A) affected the stock … disclosures within the MD&A section are signif‑ icantly and negatively associated with the future stock price crash risk, even …
Persistent link: https://www.econbiz.de/10014485409