by Xing Zhao, Xiangqian Li, Changman Ren
Purpose
The purpose of this paper is to study the impact of enterprises’ digital transformation on the risk of stock price crashes, but also to study the mediating role of enterprises’ financialization and accounting conservatism in the enterprises’ digital transformation on stock price crash risk.
Design/methodology/approach
Based on the data of 2,599 listed companies in China from 2010 to 2019, this paper constructs indicators of enterprise... Читать дальше...