The Effect of Managerial Ability on Future Stock Price Crash Risk: Evidence from Korea

This study examines the effect of managerial ability on subsequent stock price crash risk using listed firm data in Korea. Compared to some financially advanced countries, the influence of managers is particularly more powerful in Korea, as ownership and management are not effectively separate in mo...

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Bibliographic Details
Main Authors: Soo Yeon Park, Hoon Jung
Format: Article
Language:English
Published: MDPI AG 2017-12-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/9/12/2334