Fu, Fanjie; Fang, Jing; Yang, Mei; Yao, Shujie - In: Research in international business and finance 72 (2024) 1, pp. 1-26
This study examines how institutional investor investment horizons impact stock price crash risk for China's A-share firms from 2007 to 2019. Long-term investments by institutions significantly mitigate risk by curbing managerial myopia, enhancing transparency, and improving accountability, thus...
