Csr and stock price crash risk
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 WebAbstract. This study explores the effect of CSR on reducing a firm's stock price crash risk in China's energy industry by using a regression model and further investigates the effect of items within CSR (e.g., corporate governance and environment protection) on reducing said risk to find which item is important for CSR for the energy industry.
Csr and stock price crash risk
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WebWe find that the stock price crash risk of energy firms significantly decreases in the post-COVID-19 period. We also find that firms that engage in more corporate social responsibility (CSR) activities are less exposed to stock price crash risk in the post-COVID-19 period than those that engage in less CSR activities. 3.2. 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 …
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. … WebThe 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 …
WebMar 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). WebOct 10, 2016 · The purpose of this paper is to test opposing views of the relationship between corporate social responsibility (CSR) and stock price crash risk in a major …
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 …
WebAbstract. This study provides evidence for the differential impacts of corporate social responsibility (CSR) initiatives targeting different stakeholder groups on stock price … graham county az real estateWebFeb 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. china folding garden table metalWebJournal 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 ... china folding garment rackWebOct 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. china folding golf cartWeb2.1. Hypothesis of the Relationship of Corporate Social Responsibility and Stock Price Crash Risk According to the Information Asymmetry Theory, reducing information asym-metry helps reduce the risk of corporate stock price crash. rawser Gelb & St (2001) pointed out in their research that when companies actively take on social graham county az zoning mapWebAbstract. 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. If socially responsible firms commit to a high ... graham county board of commissionersWebB. The ESG and the stock price crash A stock price crash is defined as the conditional skewness of return distribution, an essential characteristic of return distribution (Chen et al., 2001). In other words, the price crash captures risk asymmetry, whereas stock performance and firm risk are concerned with the mean and graham county building inspector