Csr and stock price crash risk
Web(CSR) disclosure on stock price crash risk Dai, Lu, and Qi [4] take Chinese A-share listed companies in 2010–2015 as a sample to examine the relationship between Corporate Social Responsibility (CSR) information disclosure and stock price crash risk using the fixed-effect model. They have shown that WebFeb 19, 2014 · Abstract. This study investigates whether corporate social responsibility (CSR) mitigates or contributes to stock price crash risk. Crash risk, defined as the conditional skewness of return distribution, captures asymmetry in risk and is important for investment decisions and risk management.
Csr and stock price crash risk
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WebNov 1, 2024 · The endogeneity concern arises because there may be some unobservable factors that simultaneously affect companies' CSR performance and stock price crash risk, or because low stock price crash risk leads to better CSR performance. To address this concern, we adopt the instrumental variable method to run a two-stage least square …
WebKeywords: ESG; stock price crash risk; crash risk measure 1. Introduction Sustainable investment, including socially responsible investments (SRIs), corporate social responsibility (CSR) investments, and environmental, social, and governance (ESG) investments, have engaged interest in financial markets. ESG investment is an investment WebSep 1, 2024 · DOI: 10.1016/J.INTFIN.2024.101416 Corpus ID: 239667055; Corporate social activities and stock price crash risk in the banking industry: International evidence @article{Wang2024CorporateSA, title={Corporate social activities and stock price crash risk in the banking industry: International evidence}, author={Kun Tracy Wang and …
WebFeb 19, 2024 · Using a sample of 1,361 listing companies in the Chinese stock market over the period of 2006–2024, we create a new indicator to assess the content diversity of … WebFeb 19, 2014 · Abstract. This study investigates whether corporate social responsibility (CSR) mitigates or contributes to stock price crash risk. Crash risk, defined as the …
WebKeywords: Corporate Social Responsibility (CSR); stock price crash risk; academic independent director; institutional investor 1. Introduction Stock price crash risk measures the possibility of a stock price collapse of a listed company, which can be attributed to principal-agent problems and information asymmetry [1,2]. There is a
WebJournal of Banking & Finance, 2014, vol. 43, issue C, 1-13. Abstract: This study investigates whether corporate social responsibility (CSR) mitigates or contributes to stock price crash risk. Crash risk, defined as the conditional skewness of return distribution, captures asymmetry in risk and is important for investment decisions and risk ... fish swims verticallyWebThis paper uses panel data from 9381 samples of listed companies in China’s A-share market from 2013 to 2024 to regress. Based on the theoretical analysis, this article … can dogs take fish antibioticsWebAbstract. This study provides evidence for the differential impacts of corporate social responsibility (CSR) initiatives targeting different stakeholder groups on stock price crash risk. In particular, it highlights CSR's role in mitigating risk and creating shareholder value. Our results reveal that managerial bad news hoarding and the ... fish swims up to get pet by scuba diverWebAug 13, 2024 · In this study, we develop an approach that integrates corporate image of corporate social responsibility (CSR) activities, stock price crash risk and profitability into a dynamic slack-based measure model to evaluate corporate sustainability performance. We illustrate our methodology by applying it empirically to examine the … can dogs take dicyclomineWeblower, stock price crash risk. To test these two opposing views of the relation between CSR and stock price crash risk, we examine how firms’ CSR performance is … fish switch plateWebMar 4, 2024 · For instance, to alleviate the negative signal effect of share pledging to market, signaling that the firm might be constrained by finance, and the subsequent stock price reduction, the pledged firm might engage in more CSR because CSR may act as a positive signal to prevent the stock price crash risk (Min, Lu, and Xu 2016). fish switchbladeWebJan 1, 2024 · PDF On Jan 1, 2024, Xianzhe Chen published Corporate Social Responsibility and Stock Price Crash Risk —Moderating Effect Analysis of Social … fish swimming near filter