Li, Wenfei; Cai, Guilong - In: China journal of accounting research : CJAR 9 (2016) 3, pp. 235-250
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 … religions have different effects, and Taoism, in particular, is unrelated to crash risk; and (3) the effects of religion are …