Stock price crash risk: review of the empirical literature
We survey the burgeoning literature on the determinants and consequences of firm‐specific
future stock price crash risk. We synthesise a vast body of literature on the determinants of …
future stock price crash risk. We synthesise a vast body of literature on the determinants of …
Retail investor attention and stock price crash risk: evidence from China
This paper investigates the effect of retail investor attention on stock price crash risk in
China. Retail investor attention is measured by the search frequency from the Baidu Index …
China. Retail investor attention is measured by the search frequency from the Baidu Index …
[HTML][HTML] Does corporate eco-innovation affect stock price crash risk?
We examine the effect of corporate environmental innovation (hereafter eco-innovation) on
stock price crash risk and document a significant negative association. Utilising a large …
stock price crash risk and document a significant negative association. Utilising a large …
Brand capital and stock price crash risk
MM Hasan, G Taylor, G Richardson - Management Science, 2022 - pubsonline.informs.org
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 …
defined as the negative skewness in the distribution of returns for individual stocks, captures …
Powerful CEOs and stock price crash risk
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 …
The positive association between CEO power and crash risk holds when controlling for …
[HTML][HTML] Crash risk and ESG disclosure
PP da Silva - Borsa Istanbul Review, 2022 - Elsevier
This study examines whether ESG (environmental, social and governance) disclosure
influences firm-specific crash risk. Our main research hypothesis postulates that further …
influences firm-specific crash risk. Our main research hypothesis postulates that further …
Business strategy, overvalued equities, and stock price crash risk
This paper examines empirically the effect of firm-level business strategies on future stock
price crash risk, and the extent to which equity overvaluation moderates this relation. By …
price crash risk, and the extent to which equity overvaluation moderates this relation. By …
The effect of human capital on stock price crash risk
Y Si, C Xia - Journal of Business Ethics, 2023 - Springer
This paper studies how the human capital embedded in rank-and-file employees affects
firms' stock price crash risk. Employing a unique setting in China where we measure human …
firms' stock price crash risk. Employing a unique setting in China where we measure human …
Is corporate tax avoidance associated with investment efficiency?
The purpose of this study is to examine the association between investment efficiency and
corporate tax avoidance. Using a large sample of US firms over the period 1993–2016, we …
corporate tax avoidance. Using a large sample of US firms over the period 1993–2016, we …
Customer concentration and stock price crash risk
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 …
concentration may represent a source of significant cash flow and business risk for supplier …