...Huaibing Yu; Jie Deng Purpose This study investigates the pricing of stock price crash risk in firms’ ex ante cost of equity capital. Design/methodology/approach A large sample of firms is constructed, and a multivariate regression model is specified to empirically examine the pricing...

... perspective and does not clarify its underlying mechanisms affecting stock price crash risk. Design/methodology/approach We use a sample of China A-share listed companies from 2005 to 2022 and examine the impact of executive tone divergence on stock price crash risk in earnings communication conferences...

... financing by analyzing a sample of Chinese A-share listed companies from 2006 to 2020, with a particular focus on stock price crash risk. Findings Firms engaged in Ponzi financing exhibit a significantly higher risk of stock price crashes than non-Ponzi financing firms, a conclusion that remains robust...

...Hoàng Long Phan; Ralf Zurbruegg Purpose This paper examines how a firm's hierarchical complexity, which is determined by the way it organizes its subsidiaries across the hierarchical levels, can impact its stock price crash risk. Design/methodology/approach The authors employ a measure...

...Cong Wang; Yifan Lu Purpose This study aims to provide empirical evidence on the relationship between formal institutions and stock price crash risk from a global perspective. Design/methodology/approach This paper uses data of 35,468 firms globally over the years 1987–2019 and address...

...Feng Xie; Hamish D. Anderson; Jing Chi; Jing Liao Purpose This paper examines the impact of state control on stock price crash risk given whether and how ownership structure affects stock price crash risk is relatively underexplored. Design/methodology/approach The sample includes 2,285...

...Mukesh Garg; Mehdi Khedmati; Fanjie Meng; Prabanga Thoradeniya Purpose The purpose of this paper is to examine whether the quality of management can mitigate the positive association between corporate tax avoidance and firm-specific stock price crash risk (SPCR). Design/methodology/approach...

...Mostafa Hasan; Dewan Rahman; Grantley Taylor; Barry Oliver Purpose The purpose of this paper is to examine the association between debt maturity structure and stock price crash risk in Australia. Design/methodology/approach The authors employ panel data estimation with industry and year fixed...

... stock price crash risk. Design/methodology/approach This quantitative study employed a large scale (14,445 firm-year observations) of annual financials, audit and ownership information for the Chinese listed companies during 2002–2013 which were retrieved from the China Stock Market and Accounting...