Religion and stock price crash risk: Evidence
This paper investigates whether religious traditions influence firm-specific crash risk in China. Using a sample of A-share listed firms from 2003 to 2013, we provide evidence that the more intense the religious environment, the lower the stock price crash risk, implying that religion plays an impor...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2016-09-01
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Series: | China Journal of Accounting Research |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1755309116300120 |