Economics at your fingertips  

Political Connections and Stock crash risk—Empirical evidence from A-share companies in China

Xiaoguang Hu () and Hui Xu ()
Additional contact information
Xiaoguang Hu: School of Management University of Science and Technology LiaoNing,AnShan,China
Hui Xu: School of Mechanical Engineering and Automation University of Science and Technology LiaoNing, AnShan,China

Malaysian E Commerce Journal (MECJ), 2017, vol. 1, issue 2, 4-7

Abstract: Based on the sample data of 2010-2014 A-share companies in China, This thesis empirically tested the influence of political connections on stock price crash risk in the future. The results showed that both of political connections and political connections strength were remarkable negative correlation with the listed company’s share price crash risk in the future. Research conclusion of this thesis has an important theoretical and practical significance both for overall understanding the economic consequences of political connections and how to guard against crash risk.

Keywords: Political connections, Political connections Strength; Crash Risk, Listed Company (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.26480/mecj.02.2017.04.07

Access Statistics for this article

Malaysian E Commerce Journal (MECJ) is currently edited by Associate Prof. Dr. Xiao-Guang Yue

More articles in Malaysian E Commerce Journal (MECJ) from Zibeline International Publishing
Bibliographic data for series maintained by Zibeline International Publishing ().

Page updated 2019-12-04
Handle: RePEc:zib:zbmecj:v:1:y:2017:i:2:p:4-7