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Environmental Violations and Stock Price Crash Risk: Evidence from Chinese Listed Heavily Polluting Companies
16 references·1 citing·43 second hopsampled
Environmental Violations and Stock Price Crash Risk: Evidence from Chinese Listed Heavily Polluting Companies (2024)Environmental Violations and Stock Price …The impact of green technology innovation on carbon dioxide emissions: The role of local environmental regulations (2023)The impact of green technolog…Firms' digitalization and stock price crash risk (2022)Firms' digitalization and sto…Environmental administrative penalty, corporate environmental disclosures and the cost of debt (2021)Environmental administrative …Brand Capital and Stock Price Crash Risk (2021)Brand Capital and Stock Price…Corporate board reforms around the world and stock price crash risk (2020)Corporate board reforms aroun…CEO Early-Life Disaster Experience and Stock Price Crash Risk (2019)CEO Early-Life Disaster Exper…Does crackdown on corruption reduce stock price crash risk? Evidence from China (2018)Does crackdown on corruption …Do women managers keep firms out of trouble? Evidence from corporate litigation and policies (2018)Do women managers keep firms …Short interest and stock price crash risk (2015)Short interest and stock pric…Corporate social responsibility and stock price crash risk (2014)Corporate social responsibili…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,…Earnings quality: Some evidence on the role of auditor tenure and auditors’ industry expertise (2009)Earnings quality: Some eviden…R2 around the world: New theory and new tests☆ (2005)R2 around the world: New theo…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Bootstrap variable selection for corporate distress prediction: evidence from the Chinese manufacturing industry (2024)Bootstrap variable selection …FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Risk, Return, and Equilibrium: Empirical Tests (1973)Performance matched discretionary accrual measures (2005)Do Managers Disclose or Withhold Bad News? Evidence from Short Interest (2018)Earnings Management During Import Relief Investigations (1991)The economic implications of corporate financial reporting (2005)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)Stock price synchronicity, crash risk, and institutional investors (2013)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)Formulation and estimation of dynamic models using panel data (1982)Estimating Vector Autoregressions with Panel Data (1988)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)Specification Tests in Econometrics (1978)Tax Avoidance: Does Tax-Specific Industry Expertise Make a Difference? (2012)Does Auditor Industry Specialization Improve Audit Quality? (2013)Beyond gender diversity: How specific attributes of female directors affect earnings management (2017)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)Digital transformation: A multidisciplinary reflection and research agenda (2019)Understanding digital transformation: A review and a research agenda (2019)ESG disclosure and financial performance: Moderating role of ESG investors (2022)Firms' digitalization in manufacturing and the structure and direction of green innovation (2023)The impact of digital transformation on enterprise green innovation (2023)Toward a New Conception of the Environment-Competitiveness Relationship (1995)How economic growth, renewable electricity and natural resources contribute to CO2 emissions? (2017)Environmental degradation in France: The effects of FDI, financial development, and energy innovations (2018)Digital inclusive finance and energy transition towards carbon neutrality: Evidence from Chinese firms (2023)Green innovation and carbon emission performance: The role of digital economy (2024)Evaluating the impact of natural resource rents, R&D expenditures, green finance and energy efficiency on carbon emissions in BRICS economies: Greening the path to carbon neutrality in the post-COP 27 era (2025)
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References

  • 1995Another look at the instrumental variable estimation of error-components models20,311 cited
  • 2005R2 around the world: New theory and new tests☆2,843 cited
  • 2009Opaque financial reports, R2, and crash risk☆2,796 cited
  • 2011Corporate tax avoidance and stock price crash risk: Firm-level analysis2,154 cited
  • 2014Corporate social responsibility and stock price crash risk1,466 cited
  • 2011CFOs versus CEOs: Equity incentives and crashes1,219 cited
  • 2009Earnings quality: Some evidence on the role of auditor tenure and auditors’ industry expertise640 cited
  • 2015Short interest and stock price crash risk396 cited
  • 2022Firms' digitalization and stock price crash risk328 cited
  • 2023The impact of green technology innovation on carbon dioxide emissions: The role of local environmental regulations307 cited
  • 2020Corporate board reforms around the world and stock price crash risk231 cited
  • 2018Do women managers keep firms out of trouble? Evidence from corporate litigation and policies226 cited
  • 2019CEO Early-Life Disaster Experience and Stock Price Crash Risk226 cited
  • 2018Does crackdown on corruption reduce stock price crash risk? Evidence from China200 cited
  • 2021Environmental administrative penalty, corporate environmental disclosures and the cost of debt

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198 cited
  • 2021Brand Capital and Stock Price Crash Risk185 cited
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    • 2024Bootstrap variable selection for corporate distress prediction: evidence from the Chinese manufacturing industry10 cited