POLITICAL CONNECTIONS AND STOCK CRASH RISK-EMPIRICAL EVIDENCE FROM A-SHARE COMPANIES IN CHIN
Based on the sample data of 2010-2014 A-share companies in China, This thesis empirically tested the influence of political connections on stock price crash risk in the future. The results showed that both of political connections and political connections strength were remarkable negative correla...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Zibeline International
2017-01-01
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| Series: | Malaysian E Commerce Journal |
| Subjects: | |
| Online Access: | http://myecommerecejournal.com/wp-content/uploads/2017-issue2/2mecj2017-04-07.pdf |
| Summary: | Based on the sample data of 2010-2014 A-share companies in China, This thesis empirically tested the influence of
political connections on stock price crash risk in the future. The results showed that both of political connections
and political connections strength were remarkable negative correlation with the listed company's share price
crash risk in the future. Research conclusion of this thesis has an important theoretical and practical significance
both for overall understanding the economic consequences of political connections and how to guard against crash
risk.
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| ISSN: | 2616-5155 |