Equity index futures trading and stock price crash risk: Evidence from Chinese markets
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Futures Markets"
DOI: 10.1002/fut.21933
Abstract: Equity index futures are often blamed for exacerbating equity price crash risk although there is little empirical evidence to support the accusation in the literature. We find that Chinese equity index futures trading significantly reduces… read more here.
Keywords: crash risk; equity; equity index; price crash ... See more keywords
Wisdom of the crowd and stock price crash risk: evidence from social media
Sign Up to like & getrecommendations! Published in 2021 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-021-01007-x
Abstract: In this study, we investigate the impact of social media on future stock price crash risk. A stock price crash occurs when managers hoard bad news over an extended period and disclose all the bad… read more here.
Keywords: social media; price crash; stock price;
What drives Bitcoin’s price crash risk?
Sign Up to like & getrecommendations! Published in 2020 at "Economics Letters"
DOI: 10.1016/j.econlet.2019.108777
Abstract: We examine the association of the Bitcoin price crash risk with economic uncertainty and behavioral factors. We show that economic uncertainty displays a negative and significant association with Bitcoin price crash risk, indicating that when… read more here.
Keywords: crash risk; bitcoin price; crash; price crash ... See more keywords
Controlling shareholder share pledging and stock price crash risk: Evidence from China
Sign Up to like & getrecommendations! Published in 2021 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2021.101839
Abstract: Abstract Using the unique setting of the Chinese market from 2003 to 2018, this study examines how share pledging behavior affects firms' stock price crash risk by analyzing the costs and benefits of the controlling… read more here.
Keywords: crash risk; stock price; risk; price crash ... See more keywords
Does takeover activity affect stock price crash risk? Evidence from international M&A laws
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2020.101697
Abstract: We exploit the staggered initiation of merger and acquisition (M&A) laws across countries as a plausibly exogenous shock to the threat of takeover to examine whether the market for corporate control has a real effect… read more here.
Keywords: stock price; crash; takeover; crash risk ... See more keywords
Heterogeneous Institutional Investors, Short Selling and Stock Price Crash Risk: Evidence from China
Sign Up to like & getrecommendations! Published in 2019 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2018.1522588
Abstract: ABSTRACT This study investigates the relation between heterogeneous institutional investors and stock price crash risk, then explores the effect of short selling on the relationship. By using a dataset of 1064 firms from China for… read more here.
Keywords: stock price; institutional investors; crash risk; price crash ... See more keywords
Abnormally long audit report lags and future stock price crash risk: evidence from China
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Managerial Finance"
DOI: 10.1108/ijmf-07-2018-0213
Abstract: PurposeAlthough a substantial body of literature investigates the determinants of audit report lag (ARL), scant empirical evidence exists on the consequences of ARL. The purpose of this paper is to examine the association between abnormally… read more here.
Keywords: stock price; future stock; abnormally long; price crash ... See more keywords
Formative experience and stock price crash risk: Evidence from China’s “Down to the Countryside” movement
Sign Up to like & getrecommendations! Published in 2022 at "Frontiers in Psychology"
DOI: 10.3389/fpsyg.2022.971101
Abstract: This study explores the influence of chairpersons’ early life experiences during the “Down to the Countryside” movement—a unique social phenomenon in China—on company stock price crash risk. This study uses 2007–2018 data from China’s A-share… read more here.
Keywords: risk; stock price; price crash;
Diversification Strategy and Stock Price Crash Risk：Evidence from China
Sign Up to like & getrecommendations! Published in 2020 at "International Journal of Biometrics"
DOI: 10.5539/ijbm.v15n3p94
Abstract: This study examines the impact of the corporate diversification strategy on the stock price crash risk. Using a large sample of Chinese A-share listed companies for the period 2003-2017, we find the stock price crash… read more here.
Keywords: crash risk; crash; diversification; price crash ... See more keywords