Does board of directors mitigate stock price crash risk? An empirical evidence from Egypt [PDF]
Purpose: The main aim of the current research is to investigate the role of board of directors in explaining the behaviour of stock price crash risk in the Egyptian context over 2014-2018.
سارة صبحي محمد
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Religion, Cultural Elements and the Stock Price Crash Risk: a Test of Alternative and Complementary Theory [PDF]
As one of the most critical issues widely discussed in financial studies, the stock price crash is affected by different factors. Despite the importance of this issue for shareholders and investors, the behavioral characteristics of managers responsible ...
Abbas Ghodrati Zoeram +2 more
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Do MD&A Risk Disclosures Reduce Stock Price Crash Risk? Evidence from China
This study examines whether and how risk disclosures in Management Discussion and Analysis (MD&A) affected the stock price crash risk of China’s publicly listed firms over the period of 2017–2021.
Fei Su, Lili Zhai, Jianmei Liu
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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. This effect is increasing in a firm’s ownership by transient investors and nonblockholders.
Chang, X, Chen, Y, Zolotoy, L
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Bank deregulation and stock price crash risk [PDF]
This paper examines the influence of bank branch deregulation on corporate borrowers’ stock price crash risk. Using a large sample of U.S. public firms over the period 1962–2001, we provide robust evidence that intrastate branch reform contributes to the reduction of firms’ stock price crash risk.
Dang, Viet Anh +3 more
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CEO Age and Stock Price Crash Risk [PDF]
Abstract We show that firms with younger CEOs are more likely to experience stock price crashes, including crashes caused by revelation of negative news in the form of breaks in strings of consecutive earnings increases. Such strings are accompanied by large increases in CEO compensation that do not dissipate with crashes.
Andreou, P. +2 more
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Financial Distress Risk and Stock Price Crashes [PDF]
This study uses 462,678 monthly observations of US-listed firms for the period 1990-2018 to document a strong positive relationship between short-term changes in financial distress risk and future stock price crashes. This result is economically significant as a one interquartile increase of the main explanatory variable in any month increases the ...
Andreou, Christoforos K. +2 more
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The Effect of Dividend Payments and Bad News Hoarding on Stock Price Crash Risk with an Emphasis on Information Asymmetry [PDF]
This study examines the impact of dividend payments and bad news hoarding on stock price crash risk with an emphasis on information asymmetry. In this regard, 123 companies were selected for the period of 2009-2014.
Younes Badavar Nahandi +1 more
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Stock liquidity and stock price crash risk: Evidence from Vietnam
This research examines whether stock liquidity affects the crash risk of stock price for companies listed on the Vietnamese stock market. Using a comprehensive dataset encompassing all stocks listed on the Ho Chi Minh Stock Exchange (HOSE) and the Hanoi ...
Ngoc Bao Dinh, Hy Nguyen Song Tran
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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
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