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Unintended Consequences of Social Insurance Law on Stock Price Crash Risk: Quasi-Natural Experimental Evidence from China
16 references·0 citing·43 second hopsampled
Unintended Consequences of Social Insurance Law on Stock Price Crash Risk: Quasi-Natural Experimental Evidence from China (2023)Unintended Consequences of Social Insuran…Does the digital transformation of enterprises affect stock price crash risk? (2022)Does the digital transformati…Stock Liquidity and Stock Price Crash Risk (2017)Stock Liquidity and Stock Pri…Firing Costs and Capital Structure Decisions (2016)Firing Costs and Capital Stru…CEO Age and Stock Price Crash Risk (2016)CEO Age and Stock Price Crash…CEO Overconfidence and Stock Price Crash Risk (2015)CEO Overconfidence and Stock …Excess perks and stock price crash risk: Evidence from China (2014)Excess perks and stock price …Corporate social responsibility and stock price crash risk (2014)Corporate social responsibili…Transparency, Liquidity, and Valuation: International Evidence on When Transparency Matters Most (2012)Transparency, Liquidity, and …Corporate tax avoidance and stock price crash risk: Firm-level analysis (2011)Corporate tax avoidance and s…CFOs versus CEOs: Equity incentives and crashes (2011)CFOs versus CEOs: Equity ince…Opaque financial reports, R2, and crash risk☆ (2009)Opaque financial reports, R2,…R2 around the world: New theory and new tests☆ (2005)R2 around the world: New theo…Private Benefits of Control: An International Comparison (2004)Private Benefits of Control: …Differences of Opinion, Short-Sales Constraints, and Market Crashes (2003)Differences of Opinion, Short…Agency Costs and Ownership Structure (2000)Agency Costs and Ownership St…Corporate Disclosure Policy and Analyst Behavior. (1996)Corporate Disclosure Policy a…Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)The economic implications of corporate financial reporting (2005)Noise Trader Risk in Financial Markets (1990)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)An Engine, Not a Camera (2006)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Law and Finance (1998)Does board gender diversity improve the informativeness of stock prices? (2011)Understanding commonality in liquidity around the world (2011)Management ownership and market valuation (1988)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Accounting Conservatism and Stock Price Crash Risk: Firm‐level Evidence (2014)Religion and Stock Price Crash Risk (2015)Asymptotic Confidence Intervals for Indirect Effects in Structural Equation Models (1982)Earnings management and investor protection: an international comparison (2003)Adopting a Label: Heterogeneity in the Economic Consequences Around IAS/IFRS Adoptions (2012)Mandatory IFRS reporting and changes in enforcement (2013)The economic consequences associated with integrated report quality: Capital market and real effects (2017)Separation of Ownership and Control (1983)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Are family firms really superior performers? (2007)A review of archival auditing research (2014)Specification Tests in Econometrics (1978)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Why Firms Voluntarily Disclose Bad News (1994)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Detecting Earnings Management. (1995)Corporate Governance and Equity Prices (2003)Earnings Management through Real Activities Manipulation (2003)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2006)The Social Responsibility of Business Is to Increase Its Profits (2007)Do ESG Controversies Matter for Firm Value? Evidence from International Data (2016)Does Corporate Social Responsibility Affect Information Asymmetry? (2016)Adoption of CSR and Sustainability Reporting Standards: Economic Analysis and Review (2019)A Survey of Corporate Governance (1997)Finance and Growth: Theory and Evidence (2004)The Economic Consequences of Legal Origins (2008)The law and economics of self-dealing (2008)
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References

  • 2005R2 around the world: New theory and new tests☆2,843 cited
  • 2009Opaque financial reports, R2, and crash risk☆2,796 cited
  • 1996Corporate Disclosure Policy and Analyst Behavior.2,743 cited
  • 2000Agency Costs and Ownership Structure2,517 cited
  • 2004Private Benefits of Control: An International Comparison2,512 cited
  • 2011Corporate tax avoidance and stock price crash risk: Firm-level analysis2,154 cited
  • 2014Corporate social responsibility and stock price crash risk1,466 cited
  • 2003Differences of Opinion, Short-Sales Constraints, and Market Crashes1,356 cited
  • 2011CFOs versus CEOs: Equity incentives and crashes1,219 cited
  • 2012Transparency, Liquidity, and Valuation: International Evidence on When Transparency Matters Most820 cited
  • 2015CEO Overconfidence and Stock Price Crash Risk693 cited
  • 2014Excess perks and stock price crash risk: Evidence from China662 cited
  • 2016Firing Costs and Capital Structure Decisions620 cited
  • 2016CEO Age and Stock Price Crash Risk493 cited
  • 2017Stock Liquidity and Stock Price Crash Risk490 cited
  • 2022Does the digital transformation of enterprises affect stock price crash risk?

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