We find that powerful chief executive officers (CEOs) are associated with higher crash risk.
The positive association between CEO power and crash risk holds when controlling for …

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 …

We examine the effect of managerial expectations on asymmetric cost behavior in the
context of resource adjustment costs and unused resource constraints. Our results show that …

We investigate whether non-GAAP earnings disclosures increase stock price crash risk.
Consistent with non-GAAP disclosures allowing managers to inflate investors' perceptions …

This paper investigates whether and how the disclosure tone of earnings conference calls
predicts future stock price crash risk. Using US public firms' conference call transcripts from …

Motivated by the intention of both the IASB and FASB leading up to the adoption of IFRS 16
(ASC 842), which brings off-balance-sheet (OBS) leases back onto corporate balance …

Using a unique empirical approach that accounts for the possibility that financial market
crashes are endogenously determined by market structures, this study examines how …

Several recent studies attribute stock price crashes to firms withholding bad news from
financial disclosures before a stock price crash. Contrary to this notion, we find evidence of a …

Does corporate tax aggressiveness explain future stock price crash? Empirical evidence from
France | Emerald Insight Books and journals Case studies Expert Briefings Open Access …

We find that firms with a top management counsel (TMC) have lower stock price crash risk
than other firms. We further show that firms with a TMC issue more negative relative to …