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...

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 ...