Stock price crash risk is very serious in China's capital market, which seriously harms the interests of investors and resource allocation efficiency market. However, there limited evidence on determinants stock China, especially from perspective informal institutions. Using a corporate level dataset Chinese listed companies, this paper aims to study effect media coverage moderate investor prot...

This paper studies the optimal investment strategy of an investor who can access not only the bond and the stock markets, but also the derivatives market. We focus on the investment situation where, in addition to the usual diffusive price shocks, the stock market experiences sudden price jumps and stochastic volatility, and provide closed-form solutions to the dynamic portfolio problem involvi...

Numerous studies have shown the prevalence of overconfidence among Chief Financial Officers (CFOs). Surprisingly, real effect CFO is under-researched. Using data from a large sample US-listed firms over period 1993–2019 and adopting an eclectic theoretical approach, we find that overconfident CFOs are more likely to increase stock price crash risk than non-overconfident through risk-taking bad ...

We examine the effect of corporate environmental innovation (hereafter eco-innovation) on stock price crash risk and document a significant negative association. Utilising large sample publicly listed U.S. firms for period 2003 to 2017, we find that an increase in eco-innovation from 25th 75th percentile is associated with 17.62% reduction risk. This outcome remains robust variety sensitivity t...

according to recent developments of predicting methodsin financial markets, and since the stock price is one of the mostimportant factors for investment decision-making, and its predictioncan play an important role in this field, the aim of this study is toprovide a model to predict the stock price movement with highaccuracy. accordingly, a hybrid model for predicting the stock pricemovement us...

the goal of this research was prioritize effective financial factors on price stock in tehran stock exchange with using topsis method. based on, it was reviewed literature and interviews and specially questionnaire obtain, effective financial factors to analysis with emphasize on topsis technique. the results shown in the entire ratio price to income, historical event share, eps and return on a...

This paper aims to determine the impact of dividend policy on stock price volatility by taking firms listed on Tehran stock exchange.  A sample of 68 listed companies from Tehran stock exchange is examined for a period from 2001 to 2012.  The estimation is based on cross-sectional ordinary least square regression analysis to find the relationship between share price volatility and dividend poli...