Results 211 to 220 of about 1,787 (258)

Brand Capital and Stock Price Crash Risk

Management Science, 2022
We examine the relationship between brand capital and stock price crash risk. Crash risk, defined as the negative skewness in the distribution of returns for individual stocks, captures asymmetry in risk, and has important implications for investment choices and risk management. Using a sample of 39,685 publicly listed U.S.
Grant Richardson, Mostafa Hasan
exaly   +3 more sources

Stock price synchronicity and stock price crash risk

China Finance Review International, 2016
Purpose– The purpose of this paper is to empirically analyze the effects of stock price synchronicity and herding behavior of qualified foreign institutional investors (QFII) on stock price crash risk, especially the mediating effect of herding behavior of QFII on the relation of stock price synchronicity and stock price crash risk.Design/methodology ...
Yonghong Jin
exaly   +2 more sources

Intangible Intensity and Stock Price Crash Risk

SSRN Electronic Journal, 2019
Abstract We evaluate the association between intangible intensity and stock price crash risk for U.S. listed firms from 1983 to 2017. The results show that intangible-intensive firms are associated with high crash risk. The decomposition of intangible intensity identifies goodwill as the driving force and documents its predictability for future ...
Kai Wu, Seiwai Lai
openaire   +1 more source

Customer Concentration and Stock Price Crash Risk

SSRN Electronic Journal, 2018
Abstract We investigate the impact of customer concentration on stock price crash risk. Customer concentration may represent a source of significant cash flow and business risk for supplier firms or benefit supplier firms in terms of efficient product, inventory and supply chain management.
Sang Mook Lee   +2 more
openaire   +1 more source

Superstition and stock price crash risk

Pacific-Basin Finance Journal, 2020
Abstract We investigate a new channel that leads to firm-specific stock price crash risk. By using Chinese superstition towards unlucky numbers as a platform for our analysis, we find that investor overreaction to negative news from firms with unlucky listing codes is a mechanism through which superstition affects crash risk.
Min Bai   +3 more
openaire   +1 more source

Common Institutional Ownership and Stock Price Crash Risk

SSRN Electronic Journal, 2023
AbstractThis paper presents new evidence on the economic benefits arising from common institutional ownership. We find a negative and significant effect of common institutional ownership on stock price crash risk. This effect is robust to a battery of robustness checks and is causal according to some identification tests, including difference‐in ...
Shenglan Chen   +3 more
openaire   +1 more source

Investor Overconfidence and Stock Price Crash Risk

Journal of Accounting Literature
Purpose The paper investigates how investor overconfidence affects stock price crash risk. Design/methodology/approach Following Adebambo and Yan (2018), we use mutual fund data from Thomson Financial, CRSP Survivorship Bias Free ...
Hasibul Chowdhury   +4 more
openaire   +3 more sources

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