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This study investigates the association between media uncertainty and a comprehensive set of corporate decision-making measures that capture firm, investment, and financial risk. We report evidence that CEOs and firms who attract greater media uncertainty are more risk-seeking. Media uncertainty...
Persistent link: https://www.econbiz.de/10012913982
This study investigates the association between uncertain media tone and risk-taking measures that capture CEO risk-taking incentives, corporate investment, and financial policies. The study predicts that CEOs who attract greater uncertain media tone have more risk-taking incentives. We find a...
Persistent link: https://www.econbiz.de/10014355646
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In this paper, we examine the relationship between social media anonymity and stock price crash risk. To address concerns over endogeneity, we explore China’s regulatory change toward real name registration as a quasi-natural experiment. Using a difference-in- differences approach, we find...
Persistent link: https://www.econbiz.de/10013307468
This study investigates the association between media uncertainty and a comprehensive set of corporate decision-making measures that capture corporate investment, and financial risk. The study predicts that firms which attract greater media uncertainty have more risk-seeking behaviours. We find...
Persistent link: https://www.econbiz.de/10013492179
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