Organizational Culture and Stock Price Crash Risk by Gholamreza Kordestani, Ramin Eskandari, Mahdi Shams

“…First, the crash risk cannot be eliminated through portfolio strategies; second, high stock price crash risk leads to undesirable consequences, such as high audit costs for clients and a slow adjustment of leverage; third, significant stock price crash risk negatively impacts investor wealth and the stability of the financial market. …”
Get full text