Matches in SemOpenAlex for { <https://semopenalex.org/work/W4377224103> ?p ?o ?g. }
- W4377224103 endingPage "104026" @default.
- W4377224103 startingPage "104026" @default.
- W4377224103 abstract "This study investigates the impact of broadband infrastructure development on local firms’ stock price crash risk, using the Broadband China strategic implementation plan (BCS) as a quasi-natural experiment. We show that the BCS constrains management's negative news withholding by mitigating information asymmetry between investors and firms, thereby reducing stock price crash risk. The BCS's impact on crash risk is more pronounced in highly monopolized industries and regions with lower marketization levels. The positive effect of the BCS is also more evident among non-state-owned enterprises and firms with fewer political ties, greater financial constraints, lower institutional ownership, and management possessing financial and academic expertise. Overall, our findings offer new insights into the benefits of broadband infrastructure development for stock market stability and enhancement, supporting continued promotion of national broadband infrastructure development." @default.
- W4377224103 created "2023-05-23" @default.
- W4377224103 creator A5010541135 @default.
- W4377224103 creator A5042543988 @default.
- W4377224103 creator A5056618182 @default.
- W4377224103 creator A5060596949 @default.
- W4377224103 creator A5076171043 @default.
- W4377224103 date "2023-12-01" @default.
- W4377224103 modified "2023-10-15" @default.
- W4377224103 title "Broadband infrastructure and stock price crash risk: Evidence from a quasi-natural experiment" @default.
- W4377224103 cites W1966586504 @default.
- W4377224103 cites W1976162410 @default.
- W4377224103 cites W2111564082 @default.
- W4377224103 cites W2518913136 @default.
- W4377224103 cites W2922516728 @default.
- W4377224103 cites W2942870997 @default.
- W4377224103 cites W3033703147 @default.
- W4377224103 cites W3045535121 @default.
- W4377224103 cites W3096733934 @default.
- W4377224103 cites W3107088660 @default.
- W4377224103 cites W3113324411 @default.
- W4377224103 cites W3121235470 @default.
- W4377224103 cites W3121786372 @default.
- W4377224103 cites W3121879708 @default.
- W4377224103 cites W3121948532 @default.
- W4377224103 cites W3122108330 @default.
- W4377224103 cites W3122526219 @default.
- W4377224103 cites W3122804190 @default.
- W4377224103 cites W3123113150 @default.
- W4377224103 cites W3123186395 @default.
- W4377224103 cites W3123571286 @default.
- W4377224103 cites W3124142968 @default.
- W4377224103 cites W3124161031 @default.
- W4377224103 cites W3124168832 @default.
- W4377224103 cites W3124538093 @default.
- W4377224103 cites W3125034439 @default.
- W4377224103 cites W3125591356 @default.
- W4377224103 cites W3125637487 @default.
- W4377224103 cites W3125856240 @default.
- W4377224103 cites W3136731657 @default.
- W4377224103 cites W3159855227 @default.
- W4377224103 cites W3200082900 @default.
- W4377224103 cites W3200908098 @default.
- W4377224103 cites W4213425461 @default.
- W4377224103 cites W4214523524 @default.
- W4377224103 cites W4214548022 @default.
- W4377224103 cites W4220806190 @default.
- W4377224103 cites W4220861224 @default.
- W4377224103 cites W4223981379 @default.
- W4377224103 cites W4224221583 @default.
- W4377224103 cites W4229377363 @default.
- W4377224103 cites W4283387379 @default.
- W4377224103 cites W4293833853 @default.
- W4377224103 cites W4294586340 @default.
- W4377224103 cites W4296113818 @default.
- W4377224103 cites W4303648114 @default.
- W4377224103 cites W4309482156 @default.
- W4377224103 cites W4309770365 @default.
- W4377224103 cites W4310255310 @default.
- W4377224103 cites W4313420192 @default.
- W4377224103 cites W4316019780 @default.
- W4377224103 doi "https://doi.org/10.1016/j.frl.2023.104026" @default.
- W4377224103 hasPublicationYear "2023" @default.
- W4377224103 type Work @default.
- W4377224103 citedByCount "0" @default.
- W4377224103 crossrefType "journal-article" @default.
- W4377224103 hasAuthorship W4377224103A5010541135 @default.
- W4377224103 hasAuthorship W4377224103A5042543988 @default.
- W4377224103 hasAuthorship W4377224103A5056618182 @default.
- W4377224103 hasAuthorship W4377224103A5060596949 @default.
- W4377224103 hasAuthorship W4377224103A5076171043 @default.
- W4377224103 hasConcept C10138342 @default.
- W4377224103 hasConcept C105795698 @default.
- W4377224103 hasConcept C137577040 @default.
- W4377224103 hasConcept C144133560 @default.
- W4377224103 hasConcept C151730666 @default.
- W4377224103 hasConcept C162324750 @default.
- W4377224103 hasConcept C17744445 @default.
- W4377224103 hasConcept C183469790 @default.
- W4377224103 hasConcept C191935318 @default.
- W4377224103 hasConcept C199360897 @default.
- W4377224103 hasConcept C199539241 @default.
- W4377224103 hasConcept C206757995 @default.
- W4377224103 hasConcept C2776208816 @default.
- W4377224103 hasConcept C2780299701 @default.
- W4377224103 hasConcept C2780762169 @default.
- W4377224103 hasConcept C33923547 @default.
- W4377224103 hasConcept C39389867 @default.
- W4377224103 hasConcept C41008148 @default.
- W4377224103 hasConcept C49630185 @default.
- W4377224103 hasConcept C509933004 @default.
- W4377224103 hasConcept C556758197 @default.
- W4377224103 hasConcept C73283319 @default.
- W4377224103 hasConcept C86803240 @default.
- W4377224103 hasConceptScore W4377224103C10138342 @default.
- W4377224103 hasConceptScore W4377224103C105795698 @default.
- W4377224103 hasConceptScore W4377224103C137577040 @default.
- W4377224103 hasConceptScore W4377224103C144133560 @default.