Journal of
Marketing Development and Competitiveness






Scholar Gateway


Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106)



JOURNAL OF APPLIED BUSINESS AND ECONOMICS

Ownership Structure and Stock Price Crash Risk: Evidence from China

Author(s): Wenlian Gao, Qiannan Li, Anne Drougas

Citation: Wenlian Gao, Qiannan Li, Anne Drougas, (2017) "Ownership Structure and Stock Price Crash Risk: Evidence from China," Journal of Applied Business and Economics, Vol. 19, Iss.4,  pp. 65-78

Article Type: Research paper

Publisher: North American Business Press

Abstract:

This paper examines how corporate ownership concentration affects stock price crash risk in Chinese listed firms. Results show that ownership concentration is negatively associated with firm-specific crash risk and this negative relation is robust against difference-in-difference test. Further evidence demonstrates that the negative relation between ownership concentration and stock price crash risk is more pronounced in privately held firms than in state-owned firms.