Does corporate social responsibility reduce financial distress risk?
Sign Up to like & getrecommendations! Published in 2020 at "Economic Modelling"
DOI: 10.1016/j.econmod.2020.05.012
Abstract: Abstract This paper examines how corporate social responsibility (CSR) affects the level of financial distress risk (FDR). Using a sample of 1201 US-listed firms during 1991–2012, our results indicate that firms with higher CSR levels… read more here.
Keywords: financial distress; social responsibility; distress risk; corporate social ... See more keywords
In search of distress risk in China's stock market
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DOI: 10.1016/j.gfj.2018.08.003
Abstract: Abstract We examine the significance of size, book-to-market, and momentum factors in capturing financial distress risk in China's stock market. Consistent with the market underreaction hypothesis, we find that the momentum factor proxies for distress… read more here.
Keywords: china stock; distress risk; market; risk china ... See more keywords
Initial compensation contracts for new executives and financial distress risk: an empirical investigation of UK firms
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DOI: 10.1016/j.jcorpfin.2017.11.002
Abstract: This paper analyses the effect of financial distress risk on the initial compensation contracts of new executives in the UK, where credit markets are more concentrated than in the US. We find that financial distress… read more here.
Keywords: initial compensation; compensation; financial distress; distress risk ... See more keywords
Financial distress risk and stock price crashes
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DOI: 10.1016/j.jcorpfin.2020.101870
Abstract: Abstract 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… read more here.
Keywords: distress; distress risk; stock price; risk ... See more keywords
Distress and risk perception in people living with multiple sclerosis during the early phase of the COVID-19 pandemic
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DOI: 10.1016/j.msard.2020.102618
Abstract: Background : People living with MS during COVID-19 are experiencing the disruptions of the pandemic and concerns that their health status may place them at greater risk for worse COVID-19 outcomes. Objective : This study… read more here.
Keywords: risk; distress risk; covid; risk perception ... See more keywords