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Lin, C., Ma, Y., Malatesta, P., & Xuan, Y. H. (2011). Corporate Ownership Structure and Bank Loan Syndicate Structure. Journal of Financial Economics, 7, 1-22.
https://doi.org/10.1016/j.jfineco.2010.10.012

has been cited by the following article:

• TITLE: Corporate Social Responsibility and Stock Price Crash Risk —Moderating Effect Analysis of Social Capital

  AUTHORS: Xianzhe Chen

  KEYWORDS: Corporate Social Responsibility, Stock Price Crash Risk, Corporate Social Capital, Moderating Effects

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.10 No.3, March 17, 2020

  ABSTRACT: This paper uses panel data from 9381 samples of listed companies in China’s A-share market from 2013 to 2018 to regress. Based on the theoretical analysis, this article explores the relationship between China’s corporate social responsibility and the stock market crash risk, adding variables to examine the moderating effects of corporate social capital. Through the empirical research, this paper finds the conclusion that there is a negative correlation between corporate social responsibility and the risk of stock price crash. At the same time, corporate social capital has the moderating effects in the relationship between corporate social responsibility and the stock price crash risk. According to the conclusions, this article puts forward the suggestion that enterprises should enhance their awareness of social responsibility and actively fulfill their social responsibilities, and management should also focus on accumulating social capital.