Wen, Yantao; Kang, Yuanfei; Qin, Yafeng; Kennedy, Jeffrey C. - In: Journal of risk and financial management : JRFM 14 (2021) 2/83, pp. 1-22
2529 listed firms from China covering an 11-year period from 2005 to 2015, this study examines these two questions …