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- W4282972420 endingPage "106118" @default.
- W4282972420 startingPage "106118" @default.
- W4282972420 abstract "This paper investigates the impact of oil price uncertainty on stock price crash risk in China. The empirical results based on a sample from 2000 to 2019 show that oil price uncertainty positively affects stock price crash risk. In particular, oil price uncertainty has a greater effect on stock price crash risk for the non-state-owned enterprises, although its positive impact is significant both for the state-owned and non-state-owned enterprises. Further analysis finds that the positive impact of oil price uncertainty on stock price crash risk can be suppressed by corporate risk-taking and becomes weaker in a highly competitive market. Our study supports that oil price uncertainty is also an important factor contributing to stock price crash risk and provides more micro-level evidence for the research on the oil-stock relation." @default.
- W4282972420 created "2022-06-17" @default.
- W4282972420 creator A5001391476 @default.
- W4282972420 creator A5010789733 @default.
- W4282972420 creator A5049226003 @default.
- W4282972420 creator A5056005681 @default.
- W4282972420 date "2022-08-01" @default.
- W4282972420 modified "2023-10-15" @default.
- W4282972420 title "Oil price uncertainty and stock price crash risk: Evidence from China" @default.
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