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• W3178157235 startingPage "105431" @default.
• W3178157235 abstract "This paper studies the impact of the outbreak of coronavirus disease 2019 (COVID-19) on the stock price crash risk of energy firms in China. We find that the stock price crash risk of energy firms significantly decreases in the post-COVID-19 period. We also find that firms that engage in more corporate social responsibility (CSR) activities are less exposed to stock price crash risk in the post-COVID-19 period than those that engage in less CSR activities. Finally, we show that the effect of COVID-19 on stock price crash risk is less severe for state-owned enterprises (SOEs) than for non-SOEs in the post-COVID-19 period. Our findings demonstrate China's economic recovery in the post-COVID-19 period and have policy implications for firms to improve their resilience to exogenous shocks." @default.
• W3178157235 created "2021-07-19" @default.
• W3178157235 creator A5028421196 @default.
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• W3178157235 date "2021-09-01" @default.
• W3178157235 modified "2023-10-18" @default.
• W3178157235 title "Impact of COVID-19 on stock price crash risk: Evidence from Chinese energy firms" @default.
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• W3178157235 doi "https://doi.org/10.1016/j.eneco.2021.105431" @default.
• W3178157235 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/34876761" @default.
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