Csr and stock price crash risk
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 ... WebNov 8, 2024 · The practice of corporate social responsibility (CSR) by firms can play a significant role in mitigating the risk of stock price crashes, particularly in undervalued …
Csr and stock price crash risk
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WebThe results show that: (1) There is an inverted U-shaped nonlinear relationship between CSR information disclosure and stock price crash risk. That is, as the CSR information disclosure level increases, the CSR information disclosure first aggravates and then reduces the stock price crash risk; (2) under different disclosure motives, there is a ... WebOct 1, 2024 · The net effect of corporate customer concentration on a firm's stock price crash risk is ex ante unknown. Based on a sample of supplier firms from 1984 to 2024, this study provides empirical evidence indicating that firms with a concentrated corporate customer base are more likely to experience future stock price crashes.
WebThis 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 … 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 CSR disclosure, and examine the causal effects of crash risk on it. We find that the increase of crash risk has a negative effect on companies’ future CSR disclosure.
WebNov 16, 2024 · The study yielded the following results. There was a 95% measure of certainty that CSR does affect a firm’s stock price. T-tests and CAAR analysis for both environmental and ethical indicate a positive … WebNov 11, 2024 · Drawing from the agency theory, we provide new evidence about the “CSR – stock price crash risk” nexus by examining the moderating effect of family involvement. …
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
WebNov 13, 2024 · Furthermore, the impact of CSR disclosure on stock price crash risk varies significantly depending on the motivation for disclosure [12] or the region [13]. For Indonesian firms, CSR disclosure is still confined to reports, and it is not seen as a resource that may bring value to the firm or deter management from fishing lake nockamixon paWebSep 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 … can box blight be treated3.2. Regression variables3.2.1. Cost of equity capital. We follow recent research … The directors of such [joint-stock] companies, however, being the … We develop a series of cross-sectional regression specifications to forecast … Tax avoidance on stock price crash risk: The effect of takeover threat (H2). This … In addition, we investigate whether the negative relation between CSR and … Target firm variables include a classified board indicator and controls for the net … Table 2 presents the descriptive statistics for the variables used in our regression … The KLD database provides annual social performance evaluation for around 650 … fishing lake new yorkWebThe practice of corporate social responsibility (CSR) by firms can play a significant role in mitigating the risk of stock price crashes, particularly in undervalued firms. Social CSR … can boxers fly in cargoWeb2.1. Hypothesis of the Relationship of Corporate Social Responsibility and Stock Price Crash Risk According to the Information Asymmetry Theory, reducing information asym … can box cutters cut skinWebJun 19, 2024 · The main purpose of this study is to investigate the relationship between corporate social responsibility (CSR) and stock price crash risk of companies listed in Tehran Stock Exchange (TSE). The empirical data include 75 companies listed in the TSE, over the ten-year periods of 2007 to 2016. For measuring the CSR, content analysis is … canboxer beat a bodybuilderWebMar 10, 2024 · The purpose of this paper is to investigate the association between corporate social responsibility (CSR) and stock price crash risk, as well as the moderating effects … can boxers eat bananas