AbstractThis study examines the association between chief executive officer (CEO) overconfidence and future stock price crash risk. Overconfident managers overestimate the returns to their investment projects and misperceive negative net present value (NPV) projects as value creating. They also tend to ignore or explain away privately observed negative
Jeong‐Bon Kim+2 more
openalex +5 more sources
Does corporate eco-innovation affect stock price crash risk? [PDF]
We examine the effect of corporate environmental innovation (hereafter eco-innovation) on stock price crash risk and document a significant negative association. Utilising a large sample of publicly listed U.S.
Rashid Zaman+4 more
core +6 more sources
Investigating the Relationship between Working Capital Management and Stock Price Crash Risk [PDF]
The main purpose of this study is to investigate the effect of working capital management on stock price crash risk. The sample includes 103 Iranian firms listed on the Tehran Stock Exchange from 2013 to 2017.
Ebrahim Mansoori+2 more
doaj +3 more sources
Major Shareholders’ Reduction and the Risk of Stock Price Crash [PDF]
This paper takes China Shanghai and Shenzhen A-share listed companies from 2007 to 2021 as samples to empirically test the impact of major shareholder reduction on the risk of stock price crash.
Chuan Lin, Zhai Haomiao
openalex +3 more sources
Stock liquidity and stock price crash risk [PDF]
We find that stock liquidity increases stock price crash risk. To identify the causal effect, we use the decimalization of stock trading as an exogenous shock to liquidity.
Chang, X, Chen, Y, Zolotoy, L
core +7 more sources
The Relationship between the Managerial Overconfidence and Stock Price Crash Risk in Firms Listed in Tehran Stock Exchange [PDF]
The purpose of this research is to investigate the relationship between managerial overconfidence and stock price crash risk because managers like to hide bad news and report only good news.
mahdi beshkooh, fatemeh keshavarz
doaj +3 more sources
PRODUCTIVITY UNCERTAINTY AND STOCK PRICE CRASH RISK [PDF]
This study examines the impact of productivity uncertainty on stock price crash risk. Empirical results show that higher productivity uncertainty contributes to higher stock price crash risk.
Huaibing Yu
doaj +2 more sources
A literature review of stock price crash risk: Evidence from its influencing factors [PDF]
Since the last century, stock price crash risk has always been a hot issue for researchers, capital market investors, corporate managements, and regulators. Therefore, it’s important to investigate what factors may affect stock price crash risk which may
Xiao Di
doaj +2 more sources
Individualism and stock price crash risk [PDF]
Employing a sample of 26,473 firms across 42 countries from 1990 to 2013, we find that firms located in countries with higher individualism have higher stock price crash risk.
A Bleck+79 more
core +5 more sources
Does the financial flexibility prevent stock price crash risk during COVID-19 crisis? Evidence from the Vietnamese stock market [PDF]
Stock price crash risk is of particular interest in developing countries as it poses a significant threat to investors and can have detrimental effects on the stability of emerging markets.
Quang Khai Nguyen, Van Cuong Dang
doaj +2 more sources