Matches in SemOpenAlex for { <https://semopenalex.org/work/W2182562775> ?p ?o ?g. }
- W2182562775 abstract "We investigate the power of accounting-based and market-based variables to explain variation across firms in stock-price crash risk. We document strong relations among three facets of that risk: two predictors of crashes, earnings opacity and the option smirk curve, and actual crash incidence. Option smirks and accounting opacity each independently explain cross-sectional variation in both crash risk and crash magnitude. The slope of the smirk curve and opacity are themselves correlated at extremely high levels of statistical significance, indicating that the market is aware of the link between accounting opacity and crash risk. Nevertheless, even controlling for the option smirk, accounting opacity continues to be reliably associated with crash risk, suggesting that the options market does not fully utilize the predictive value of available accounting data." @default.
- W2182562775 created "2016-06-24" @default.
- W2182562775 creator A5040454381 @default.
- W2182562775 creator A5044113642 @default.
- W2182562775 creator A5065727648 @default.
- W2182562775 creator A5086967174 @default.
- W2182562775 date "2010-01-01" @default.
- W2182562775 modified "2023-09-26" @default.
- W2182562775 title "Opacity, Crash Risk and Option Smirk Curves" @default.
- W2182562775 cites W1515124208 @default.
- W2182562775 cites W1553763225 @default.
- W2182562775 cites W1966119267 @default.
- W2182562775 cites W1966268097 @default.
- W2182562775 cites W1976162410 @default.
- W2182562775 cites W1984272629 @default.
- W2182562775 cites W1986187321 @default.
- W2182562775 cites W2043464706 @default.
- W2182562775 cites W2048801439 @default.
- W2182562775 cites W2049756701 @default.
- W2182562775 cites W2057190074 @default.
- W2182562775 cites W2064978316 @default.
- W2182562775 cites W2067154393 @default.
- W2182562775 cites W206890942 @default.
- W2182562775 cites W2076947889 @default.
- W2182562775 cites W2081433071 @default.
- W2182562775 cites W2104795328 @default.
- W2182562775 cites W2110939842 @default.
- W2182562775 cites W2121341725 @default.
- W2182562775 cites W2124532504 @default.
- W2182562775 cites W2124856101 @default.
- W2182562775 cites W2129220488 @default.
- W2182562775 cites W2140658362 @default.
- W2182562775 cites W2144010262 @default.
- W2182562775 cites W2144487825 @default.
- W2182562775 cites W2146848558 @default.
- W2182562775 cites W2149535930 @default.
- W2182562775 cites W2151065060 @default.
- W2182562775 cites W2152278349 @default.
- W2182562775 cites W2158580072 @default.
- W2182562775 cites W2163191305 @default.
- W2182562775 cites W2170694901 @default.
- W2182562775 cites W2314389038 @default.
- W2182562775 cites W3021680388 @default.
- W2182562775 cites W3023181463 @default.
- W2182562775 cites W3121239128 @default.
- W2182562775 cites W3121359436 @default.
- W2182562775 cites W3121459779 @default.
- W2182562775 cites W3121766225 @default.
- W2182562775 cites W3122485765 @default.
- W2182562775 cites W3122611714 @default.
- W2182562775 cites W3122697520 @default.
- W2182562775 cites W3123185306 @default.
- W2182562775 cites W3123502147 @default.
- W2182562775 cites W3123960106 @default.
- W2182562775 cites W3124028559 @default.
- W2182562775 cites W3124093245 @default.
- W2182562775 cites W3124176564 @default.
- W2182562775 cites W3124499541 @default.
- W2182562775 cites W3124580969 @default.
- W2182562775 cites W3125111241 @default.
- W2182562775 cites W3125677029 @default.
- W2182562775 cites W3125756421 @default.
- W2182562775 cites W3126072850 @default.
- W2182562775 cites W40198218 @default.
- W2182562775 cites W2128075307 @default.
- W2182562775 hasPublicationYear "2010" @default.
- W2182562775 type Work @default.
- W2182562775 sameAs 2182562775 @default.
- W2182562775 citedByCount "0" @default.
- W2182562775 crossrefType "journal-article" @default.
- W2182562775 hasAuthorship W2182562775A5040454381 @default.
- W2182562775 hasAuthorship W2182562775A5044113642 @default.
- W2182562775 hasAuthorship W2182562775A5065727648 @default.
- W2182562775 hasAuthorship W2182562775A5086967174 @default.
- W2182562775 hasConcept C120665830 @default.
- W2182562775 hasConcept C121332964 @default.
- W2182562775 hasConcept C121955636 @default.
- W2182562775 hasConcept C149782125 @default.
- W2182562775 hasConcept C162118730 @default.
- W2182562775 hasConcept C162324750 @default.
- W2182562775 hasConcept C183469790 @default.
- W2182562775 hasConcept C199360897 @default.
- W2182562775 hasConcept C2781426361 @default.
- W2182562775 hasConcept C41008148 @default.
- W2182562775 hasConcept C60056205 @default.
- W2182562775 hasConceptScore W2182562775C120665830 @default.
- W2182562775 hasConceptScore W2182562775C121332964 @default.
- W2182562775 hasConceptScore W2182562775C121955636 @default.
- W2182562775 hasConceptScore W2182562775C149782125 @default.
- W2182562775 hasConceptScore W2182562775C162118730 @default.
- W2182562775 hasConceptScore W2182562775C162324750 @default.
- W2182562775 hasConceptScore W2182562775C183469790 @default.
- W2182562775 hasConceptScore W2182562775C199360897 @default.
- W2182562775 hasConceptScore W2182562775C2781426361 @default.
- W2182562775 hasConceptScore W2182562775C41008148 @default.
- W2182562775 hasConceptScore W2182562775C60056205 @default.
- W2182562775 hasLocation W21825627751 @default.
- W2182562775 hasOpenAccess W2182562775 @default.
- W2182562775 hasPrimaryLocation W21825627751 @default.
- W2182562775 hasRelatedWork W1511178050 @default.