Results 111 to 120 of about 180,143 (369)
The provincial border, information costs, and stock price crash risk
China Journal of Accounting Studies, 2022 Based on externalities in the allocation of interprovincial resources, we examine how geographic location affects firms’ access to resources and thus their information disclosure and stock price crash risk.
Lidan Li +3 more
doaj +1 more source
The impact of margin trading on share price evolution: A cascading failure model investigation [PDF]
Physica A 505, 69-76 (2018), 2018 Margin trading in which investors purchase shares with money borrowed from brokers is blamed to be a major cause of the 2015 Chinese stock market crash. We propose a cascading failure model and examine how an increase in margin trading increases share price vulnerability.
arxiv +1 more source
Generalist CEOs and stock price crash risk
Journal of Business Finance & AccountingWe investigate whether generalist chief executive officers (CEOs), that is, CEOs who gain transferable skills across firms and industries, have less incentive to hoard bad news. To address endogeneity concerns stemming from firm–CEO matching, we deploy a
Xiaohua Fang +3 more
semanticscholar +1 more source
From Diversity to Confusion? The Challenge of Biodiversity Footprint Quantification
Business Strategy and the Environment, EarlyView.ABSTRACT This study documents a significant disagreement between the biodiversity footprints of three major providers. This disagreement mainly stems from fundamental disagreement on the underlying methods and data (measurement), while providers agree to a large part on which firm operations contribute to a loss in biodiversity and how they are ...
Raphaela Roeder, Sebastian Utz
wiley +1 more source
On the maximum drawdown during speculative bubbles [PDF]
, 2006 A taxonomy of large financial crashes proposed in the literature locates the burst of speculative bubbles due to endogenous causes in the framework of extreme stock market crashes, defined as falls of market prices that are outlier with respect to the bulk of drawdown price movement distribution.
arxiv +1 more source
Physica A 245, 411-422 1997, 1997 We propose that large stock market crashes are analogous to critical points studied in statistical physics with log-periodic correction to scaling. We extend our previous renormalization group model of stock market prices prior to and after crashes [D. Sornette et al., J.Phys.I France 6, 167, 1996] by including the first non-linear correction.
arxiv +1 more source
Artificial intelligence innovation and stock price crash risk
Journal of Financial ResearchThis study examines the association between artificial intelligence innovation (AII) and stock price crash risk (SPCR). AII serves as a governance mechanism that can bolster strength in internal controls, leading to increased financial transparency and ...
Junru Zhang +3 more
semanticscholar +1 more source
The Moderating Effect of IFRS Convergence on the Relationship between Accounting Conditional Conservatism and Stock Price Crash Risk: Indonesian Evidence [PDF]
, 2016 This research aims to test the effect of conditional conservatism on stock price crash risk of firms listed in LQ45 Index in Indonesia Stock Exchange, either it is directly or is moderated by the full implementation of IFRS convergence.
Prameswari, Sielly +2 more
core +1 more source
Boardroom backscratching and stock price crash risk [PDF]
, 2023 We empirically capture boardroom backscratching, or cronyism, as when a firm's Chief Executive Officer (CEO) and directors concurrently receive excessive remuneration.
Hanlon, Dean +3 more
core +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This study examined how Bitcoin, energy prices, and geopolitical risk interact by examining the first four moments (mean, variance, skewness, and kurtosis) of their return distributions by using wavelet analysis. The findings reveal that the co‐movement patterns of energy index, geopolitical risk index, and Bitcoin prices are time and ...
Pooja Kumari +4 more
wiley +1 more source