PRODUCTIVITY UNCERTAINTY AND STOCK PRICE CRASH RISK
This study examines the impact of productivity uncertainty on stock price crash risk. Empirical results show that higher productivity uncertainty contributes to higher stock price crash risk. This effect holds firmly after addressing potential endogeneity and the performing of robustness tests. Mor...
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| Format: | Article |
| Language: | English |
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Tuwhera Open Access Publisher
2023-10-01
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| Series: | Applied Finance Letters |
| Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/689 |