Forecasting stock price crashes in the biotechnology sector – evidence from the U.S. in 2002-2016 [PDF]
, 2017 This study examines determinants for stock price crashes in the U.S. biotechnology sector. Further, the study investigates three crash metrics’ consistency in firm-specific crash classification.
Virtanen, Sanni
core
CEO Age and Capital Structure Dynamics: The Moderating Effect of Overconfidence and Tenure
International Journal of Finance &Economics, EarlyView.ABSTRACT The Upper Echelons theory suggests that managerial characteristics will likely influence their financial decisions. Consistent with this theory, we examine CEO age's impact on Chinese firms' capital structure dynamics. We also investigate the moderating effects of overconfidence and tenure on the relationship between CEO age and capital ...
Ernest Ezeani +2 more
wiley +1 more source
The emergence of critical stocks in market crash [PDF]
arXiv, 2019 In complex systems like financial market, risk tolerance of individuals is crucial for system resilience.The single-security price limit, designed as risk tolerance to protect investors by avoiding sharp price fluctuation, is blamed for feeding market panic in times of crash.The relationship between the critical market confidence which stabilizes the ...
arxiv
ESG Meets DeFi: Exploring Time‐Varying Linkages and Portfolio Implications
International Journal of Finance &Economics, EarlyView.ABSTRACT This study delves into the connection between Environmental, Social and Governance (ESG) indices and emerging Decentralised Finance (DeFi) assets. Specifically, it explores the ever‐changing, frequency‐based linkage between these ESG indices and innovative DeFi assets.
Shoaib Ali +3 more
wiley +1 more source
ANALISIS PENGARUH TRADING VOLUME ACTIVITY DAN DEBT MATURITY STRUCTURE TERHADAP STOCK PRICE CRASH RISK [PDF]
The stock price conditions from 2018-2023 have always experienced fluctuations and crashed in 2020 due to the COVID-19 pandemic. This has made investors cautious when investing in stocks to avoid the risk of a stock price crash.
Berliana, Aurellia +2 more
core +1 more source
International Journal of Finance &Economics, EarlyView.ABSTRACT This study examines the impact of corporate COVID‐19 disclosure on the negative tone (pessimism) in annual reports. We also investigate how board size and board independence influence pessimism in annual reports. Using a U.K. sample from 2020, we employ various techniques to explore the COVID‐19 disclosure‐pessimism nexus.
Khaldoon Albitar +3 more
wiley +1 more source
Ownership structure and firm risk : evidence from China : a thesis presented in fulfilment of the requirement for the degree of Doctor of Philosophy in Finance at Massey University, Manawatu campus, New Zealand [PDF]
, 2018 Essay one was published as Xie, F., Chi, J., & Liao, J. (2016.) From share issue privatisation to non-tradable share reform : A review of privatisation in China. Asian-Pacific Economic Literature, 30(2), 90-104.
Xie, Feng
core
Will Violations of Listed Companies Increase the Risk of Stock Price Crash [PDF]
, 2017 以1992-2015年中国A股上市公司为样本,探讨上市公司违规行为与股价崩盘风险的关系,发现二者呈显著正相关关系。进一步研究发现,当公司内部和外部治理水平较差、公司信息不对称程度较高时,上市公司违规行为与股价崩盘风险的正相关关系更加显著。这表明,上市公司违规行为可能同时通过"治理"效应和"信息"效应影响股价崩盘风险。Taking China＇s listed companies as a sample from year 1992 to year 2015, this paper explores ...
吴晓晖, 沈华玉
core +1 more source
Beyond Labels: Unveiling the Interplay Between Identity and Name Changes in Firm Performance
International Journal of Finance &Economics, EarlyView.ABSTRACT Despite the increasing prevalence of corporate name change (CNC) in tandem with a growing body of research on the subject, the boundary and contextual conditions under which CNC yield beneficial or detrimental effects remain underexplored in the current literature.
Godfred Adjapong Afrifa +1 more
wiley +1 more source
Bearing an imprint: CEOs' early-life experience of the Great Chinese Famine and stock price crash risk [PDF]
, 2020 Wenbin Long +3 more
openalex +1 more source