Population aging and corporate risk-taking

Changfei Liu, Qiong Wu and Zuozhi Yang

Finance Research Letters, 2024, vol. 61, issue C

Abstract: This article studies the relationship between population aging and corporate risk-taking. Based on Chinese stock market, we construct measures of the degree of aging and corporate risk-taking, and find that the deepening degree of population aging will reduce the level of corporate risk-taking, and the negative impact of population aging on the level of corporate risk-taking is more pronounced in non-state-owned enterprises and enterprises in regions with lower levels of marketization.

Keywords: Population aging; Corporate risk taking (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:61:y:2024:i:c:s1544612324000047

DOI: 10.1016/j.frl.2024.104974

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