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...

In this study, we examine the effects of manager's perspectives on climate change stock price crash risk. The analysis confirms that perspective is negatively associated with future risk likelihood. Various channel tests show investor attention and analyst coverage are potential channels through which a firm's improves financial stability ultimately reduces Our results also robust to alternativ...

The impact of equity incentive on stock price crash risk has been investigated in this paper. We solve these problems by u-sing computer tools. use Stata to analyze the relationship bet-ween two variables Chinese Market, and a variety rig-orous model calculation obtain results study. Accordi-ng results, China is positively associated with prick risk. Based series robustness tests, including alt...

It is of great significance to improve the corporate governance structure study whether independent directors play role ‘vase’ in listed companies. Based on social network theory, this article constructs formed by interlocking and examines influence director stock price crash risk. The mechanism test analyses mediating effect principal–agent problem large shareholder’s tunnelling empirical rese...

The problem of optimal portfolio selection has attracted a great attention in the finance and optimization field. The future stock price should be predicted in an acceptable precision, and a suitable model and criterion for risk and the expected return of the stock portfolio should be proposed in order to solve the optimization problem. In this paper, two new criterions for the risk of stock pr...