International Diversification and Stock-Price Crash Risk
Despite the recent proliferation of research on internationalization, little attention has been paid to understanding the reasons behind the decrease in firm value accompanying international expansion.
Alireza Askarzadeh+3 more
semanticscholar +4 more sources
"Digitwashing": The Gap between Words and Deeds in Digital Transformation and Stock Price Crash Risk [PDF]
The contrast between companies' "fleshy" promises and the "skeletal" performance in digital transformation may lead to a higher risk of stock price crash. This paper selects a sample of Shanghai and Shenzhen A-share listed companies from 2010 to 2021, empirically analyses the specific impact of the gap between words and deeds in digital transformation (
Shutter Zor
arxiv +3 more sources
The influence of lazy information disclosure on stock price crash risk: Empirical evidence from China. [PDF]
Shi X, Cao X, Xu W, Hou Y, Shang L.
europepmc +3 more sources
Expression of Concern: Management equity incentives and stock price crash risk: "Golden handcuffs" or "gold watch". [PDF]
PLOS ONE Editors.
europepmc +3 more sources
The impact of green financial development on stock price crash risk from the perspective of information asymmetry in Chinese listed companies. [PDF]
Zhang Z, Ding Y.
europepmc +3 more sources
Foreign investors and stock price crash risk: Evidence from China. [PDF]
Huang ZX, Tang Q, Huang S.
europepmc +2 more sources
The stronger the ability, the greater the destructiveness? CEO ability and stock price crash risk [PDF]
The impact of CEO ability on corporate behavior is dual-faceted. Based on the “rent-seeking hypothesis”, this paper focuses on the “dark side” of CEO ability and suggests that CEO ability may hurt corporate behavior.
Lili Chen, Yanlin Du
doaj +2 more sources
This study uses machine learning to investigate the effects of firm and CEO characteristics on stock price crash risk by collecting massive data on publicly listed firms in China.
Yan Li+4 more
doaj +2 more sources
Government debt and stock price crash risk: International Evidence [PDF]
We add to the literature on the economic outcomes of government debt and argue that government debt increases crash risk via two channels: (i) hoarding bad news and (ii) tax avoidance.
Hamdi Ben‐Nasr, Sabri Boubaker
semanticscholar +3 more sources
CFO cultural background and stock price crash risk [PDF]
We investigate the relation between the cultural background of chief financial officers (CFOs) and stock price crash risk. Using a novel single-country setting in the U.K. market, we find robust evidence that CFOs from cultural backgrounds that emphasise
Fu, Xi, Zhang, Zhifang
core +6 more sources