Stock price crash risk: review of the empirical literature

A Habib, MM Hasan, H Jiang - Accounting & Finance, 2018 - Wiley Online Library
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 …

ESG and stock price crash risk: Role of financial constraints

JC Bae, X Yang, MI Kim - Asia‐Pacific Journal of Financial …, 2021 - Wiley Online Library
This paper investigates whether corporate performance measured from three aspects—
environmental, social responsibility and governance (“ESG”)—are associated with stock …

Corporate ESG performance and manager misconduct: Evidence from China

F He, H Du, B Yu - International Review of Financial Analysis, 2022 - Elsevier
Exploring the motivation of corporate ESG (Environment, Social Responsibility, and
Corporate Governance) engagement is vital for shareholders protection and corporate …

Firms' digitalization and stock price crash risk

K Jiang, X Du, Z Chen - International review of financial analysis, 2022 - Elsevier
Abstract Effects of digital transformation on value creation, productivity, and innovation have
been previously examined. However, only a few studies have explored how the capital …

Corporate social responsibility (CSR) performance and green innovation: Evidence from China

J Hao, F He - Finance Research Letters, 2022 - Elsevier
Green innovation is an important way for firms to achieve both economic benefits and
environmental protection in the long term. We focus on the influence of corporate social …

ESG rating and stock price crash risk: Evidence from China

J Feng, JW Goodell, D Shen - Finance Research Letters, 2022 - Elsevier
While several studies evidence that firm social responsibility lowers stock crash risk, few
investigate this for China. Further, few studies investigate the aggregate role of …

The effects of mandatory ESG disclosure around the world

P Krueger, Z Sautner, DY Tang… - Journal of Accounting …, 2021 - Wiley Online Library
We compile a novel data set on mandatory environmental, social, and governance (ESG)
disclosure around the world to analyze the stock liquidity effects of such disclosure …

Retail investor attention and corporate green innovation: Evidence from China

F He, Y Yan, J Hao, JG Wu - Energy Economics, 2022 - Elsevier
This paper investigates whether retail investor attention promotes or inhibits corporate green
innovation. Using Chinese nonfinancial public listed firms from 2011 to 2020, we find that …

[引用][C] 分析师利益冲突, 乐观偏差与股价崩盘风险

许年行, 江轩宇, 伊志宏, 徐信忠 - 经济研究, 2012

[引用][C] 机构投资者羊群行为与股价崩盘风险

许年行, 于上尧, 伊志宏 - 管理世界, 2013