Financial Statement Comparability and Expected Crash Risk

By Jeong‐Bon Kim, Leye Li, L. Lu, Yangxin Yu. 2016

360 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/da045eb5ba7b48d9121f465c5827474987e58072

Citations in the corpus

• Stock price crash risk: review of the empirical literature (2018, neutral): “…based on the performance and/or disclosures of its comparable peers… Since investors may have already obtained some of the undisclosed bad news about a firm by analyzing its comparable peer firms, the benefits to managers from bad news hoarding are likely to be smaller…” (Kim et al., 2016, p.295).”
• Readability of 10‐K Reports and Stock Price Crash Risk (2019, neutral): “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.”