Mandatory CSR disclosure regulation and stock price synchronicity: evidence from a quasi-natural experiment
Abstract Using the mandatory CSR disclosure policy enacted in China as a quasi-natural experiment, this study provides causal evidence that mandatory CSR disclosure regulation increases stock price synchronicity. Drawing upon signaling theory and behavioral finance perspective, I argue that mandator...
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| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2025-01-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-024-04218-4 |
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