{"title":"Investor-Paid Rating Agency, Information Disclosure, and Stock Price Crash Risk","authors":"Jieyi Lu, Wanfa Lin, Huiyu Guo, Jinyu Luo","doi":"10.1080/1540496x.2023.2287496","DOIUrl":null,"url":null,"abstract":"This paper examines the impact of investor-paid rating agency on stock price crash risk. The findings reveal a substantial 127.6% reduction in the stock price crash risk for stocks tracked by inves...","PeriodicalId":11693,"journal":{"name":"Emerging Markets Finance and Trade","volume":"7 1","pages":""},"PeriodicalIF":2.8000,"publicationDate":"2023-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Emerging Markets Finance and Trade","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/1540496x.2023.2287496","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper examines the impact of investor-paid rating agency on stock price crash risk. The findings reveal a substantial 127.6% reduction in the stock price crash risk for stocks tracked by inves...
期刊介绍:
Emerging Markets Finance and Trade publishes research papers on financial and economic aspects of emerging economies. The journal features contributions that are policy oriented and interdisciplinary, employing sound econometric methods, using macro, micro, financial, institutional, and political economy data. Geographical coverage includes emerging market economies of Europe, the Balkans, the Middle East, Asia, Africa, and Latin America. Additionally, the journal will publish thematic issues and occasional special issues featuring selected research papers from major conferences worldwide.