Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Influencing Factors of Stock Price Crash Risk

Authors
Zhendong Chen1, *,a, , Lu Liu2, *, b, , Qianfei Sun3, *, c, , Zhengyu Wang4, *, d,
1School of Professional Studies, New York University, New York, 10036, the United States
2University of Washington, Seattle, 98105, the United States
3College of Science and Engineering, University of Minnesota, Minneapolis, 55414, the United States
4University of Toronto, Toronto, M1C 1A4, Canada

These authors contributed equally.

*Corresponding author. Email: a zc2177@nyu.edu
Corresponding Authors
Zhendong Chen, Lu Liu, Qianfei Sun, Zhengyu Wang
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.103How to use a DOI?
Keywords
Stock price crash risk; Information asymmetry; Bad news; Threshold effect
Abstract

The research on preventing the stock price crash risk is of great significance. Previous literature has examined many influencing factors of crash risk. This paper surveys the burgeoning literature on stock price crash risk. It makes a detailed and comprehensive review of the relevant literature from four parts: (i) the effects of behavioral characteristics of corporate management and shareholders on the stock price crash risk; (ii) the impact of internal corporate decisions on the stock price crash risk; (iii) the influence of external regulatory forces on the stock price crash risk; (iv) the impact of national systems, social habits, as well as the economic policy uncertainty on the stock price crash risk. This literature review is a supplement to the prior literature and is of great significance.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.103How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Zhendong Chen
AU  - Lu Liu
AU  - Qianfei Sun
AU  - Zhengyu Wang
PY  - 2021
DA  - 2021/12/15
TI  - Influencing Factors of Stock Price Crash Risk
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 631
EP  - 636
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.103
DO  - 10.2991/assehr.k.211209.103
ID  - Chen2021
ER  -