Divergence of Cash Flow and Voting Rights, Opacity, and Stock Price Crash Risk: International Evidence

By Hyun A Hong, Jeong‐Bon Kim, Michael Welker. 2013

139 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/2e0f024925a56c320fa084a1fbde50c7a77b8bca

Citations in the corpus

• Readability of 10‐K Reports and Stock Price Crash Risk (2019, unknown): “The first measure is the negative skewness of weekly stock returns (e.g., Chen et al. 2001; DeFond et al. 2015; Hong et al. 2017; Kim et al. 2011a, b; Kim and Zhang 2016; Jin and Myers 2006): ( ⁄ ∑ ( ( ⁄ (∑ ⁄ , (3) where is defined as above.”