Publikace UTB
Repozitář publikační činnosti UTB

Does quality of corporate governance moderate the relationship between corporate social responsibility and stock price crash exposure

Repozitář DSpace/Manakin

Zobrazit minimální záznam


dc.title Does quality of corporate governance moderate the relationship between corporate social responsibility and stock price crash exposure en
dc.contributor.author Bilal, Muhammad
dc.contributor.author Hussain, Sarfraz
dc.contributor.author Rafiq, Muhammad
dc.contributor.author Ahmad, Nisar
dc.contributor.author Quddus, Abdul
dc.contributor.author Pham, Phat Tien
dc.relation.ispartof Estudios de Economia Aplicada
dc.identifier.issn 1133-3197 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2021
utb.relation.volume 39
utb.relation.issue 12
dc.type article
dc.language.iso en
dc.publisher Ascociacion Internacional de Economia Aplicada
dc.identifier.doi 10.25115/eea.v39i12.6396
dc.relation.uri https://ojs.ual.es/ojs/index.php/eea/article/view/6396
dc.subject agency theory en
dc.subject corporate governance structure en
dc.subject signaling theory en
dc.subject Corporate Social Responsibility en
dc.subject stock price crash-risk en
dc.description.abstract The relationship between corporate social responsibility and vulnerability to stock market crashes and how this relationship is moderated by the norm of corporate governance was empirically explored in this research article. This study used a panel data analysis using a group of 58 companies selected during the years 2009-2018 from operating in various industries hawking their stock on the Pakistan Stock Exchange (PSX) to investigate this interaction effect. To quantify the company's share price probability of a crash, an inverse restrictive skewness (NCSKEW) of returns and bottom-to-up variance (DUVOL) spread has been used as a proxy. The results of this research suggest that the risk of a share price slump is adversely and significantly linked to CSR. Consistency structures of governance mechanisms (size of the board, percentage of autonomous directors on board, concentration of ownership, percentage of executive directors onboard) have a substantial moderating impact on the risk of a fall of the share price. © 2021 Ascociacion Internacional de Economia Aplicada. All Rights Reserved. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1010735
utb.identifier.obdid 43882709
utb.identifier.scopus 2-s2.0-85120494481
utb.source j-scopus
dc.date.accessioned 2021-12-22T11:51:36Z
dc.date.available 2021-12-22T11:51:36Z
dc.rights Attribution-NonCommercial-ShareAlike 4.0 International
dc.rights.uri https://creativecommons.org/licenses/by-nc-sa/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Quddus, Abdul
utb.contributor.internalauthor Pham, Phat Tien
utb.fulltext.affiliation MUHAMMAD BILAL1, SARFRAZ HUSSAIN2, MUHAMMAD RAFIQ3, NISAR AHMAD4,ABDUL QUDDUS5, TIEN PHAT PHAM6 1 AIR UNIVERSITY ISLAMABAD (Multan Campus) Multan, PAKISTAN Government College Civil lines Multan, Email: mbilal77kg@gmail.com 2 UNIVERSITI TEKNOLOGI MALAYSIA, Kuala Lumpur, MALAYSIA GOVT. IMAMIA COLLEGE SAHIWAL, PAKISTAN, Email: mianfraz1@gmail.com 3 UNIVERSITI TEKNOLOGI MALAYSIA, Kuala Lumpur, MALAYSIA PRINCE MOHAMMAD BIN FAHD UNIVERSITY, Akhobar, Dammam, SAUDI ARABIA, Email: mrafiq@pmu.edu.sa 4 Assistant Professor Hailey College of Commerce, UNIVERSITY OF THE PUNJAB LAHORE, PAKISTAN. Email: nisar@hcc.edu.pk 5 TOMAS BATA UNIVERSITY IN ZLIN, CZECH REPUBLIC, Email: quddus@utb.cz 6 TOMAS BATA UNIVERSITY IN ZLIN, CZECH REPUBLIC SCHOOL OF ECONOMICS, CAN THO UNIVERSITY, VIETNAM, Email: phamphattien@gmail.com
utb.fulltext.dates Received: June 22, 2021 Accepted: September 18, 2021
utb.fulltext.sponsorship -
utb.scopus.affiliation AIR UNIVERSITY ISLAMABAD (Multan Campus), Multan, Pakistan; Government College Civil lines, Multan, Pakistan; UNIVERSITI TEKNOLOGI MALAYSIA, Kuala Lumpur, Malaysia; GOVT. IMAMIA COLLEGE SAHIWAL, Pakistan; PRINCE MOHAMMAD BIN FAHD UNIVERSITY, Akhobar, Dammam, Saudi Arabia; Hailey College of Commerce, UNIVERSITY OF THE PUNJAB LAHORE, Pakistan; TOMAS BATA UNIVERSITY IN ZLIN, Czech Republic; SCHOOL OF ECONOMICS, CAN THO UNIVERSITY, Viet Nam
utb.fulltext.projects -
utb.fulltext.faculty -
utb.fulltext.ou -
Find Full text

Soubory tohoto záznamu

Zobrazit minimální záznam

Attribution-NonCommercial-ShareAlike 4.0 International Kromě případů, kde je uvedeno jinak, licence tohoto záznamu je Attribution-NonCommercial-ShareAlike 4.0 International