Institutional Investors’ Monitoring and Stock Price Crash Risk: Evidence from Politically Connected Firms
Motivated by recent studies on political connections and stock price crash risk, this study investigates whether there is an association between politically connected (POLCON) firms and stock price crash risk. Further, we examine whether institutional investors' ownership can moderate this asso...
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Main Authors: | , , |
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Format: | Article |
Published: |
World Scientific Publishing
2018
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Subjects: | |
Online Access: | http://eprints.um.edu.my/20498/ https://doi.org/10.1142/S0219091518500285 |
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Institution: | Universiti Malaya |