Li, Wenfei; Cai, Guilong - In: China journal of accounting research : CJAR 9 (2016) 3, pp. 235-250
This paper investigates whether religious traditions influence firm-specific crash risk in China. Using a sample of A … price crash risk, implying that religion plays an important role in Chinese corporate governance. Further, we find that (1 …) religion affects stock price crash risk by reducing earnings management and the management perk problem; (2) different …