Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10012818474
This study examines the impact of crises caused by modern health pandemics on price efficiency, proxied by measures of stock price delay. We analyze 381,688 firm-year observations across 39 countries during six recent pandemic crises: SARS (2003), H1N1 (2009), MERS (2012), Ebola (2014), Zika...
Persistent link: https://www.econbiz.de/10014256428
This research examine the effects of information disclosure ratings on firm-specific stock price crash risk. We present evidence that there is a statistically significant negative relationship between stock price crash risk and information disclosure ratings. Our evidence further shows that the...
Persistent link: https://www.econbiz.de/10014256435
Research Questions/Issue: This study investigates the relationship between equity-based CEO risk-taking incentives and information asymmetry as indicated by stock price delay.Research Findings/Insights: Based on a panel of firms listed in the United States from 1990 to 2018, this study reveals...
Persistent link: https://www.econbiz.de/10014256437
This paper investigates the role of corporate social responsibility (CSR) performance in forecasting companys' stock prices and future returns. The forecasting analysis identifies a negative association between CSR performance and proxies of price delay. The negative CSR–delay association is...
Persistent link: https://www.econbiz.de/10014256440