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ABSTRACT
This study uses panel data from China over the period 2008–2015 to examine the effect of CEO media exposure on crash risk. We show that CEO media coverage in Chinese firms has a wide dispersion and mitigates crash risk at firms. Our study confirms the important role of media to monitor effectively firm behaviours in China.
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Disclosure statement
No potential conflict of interest was reported by the authors.
Additional information
Funding
This work was supported by Chinese Ministry of Education of Humanities and Social Science Research Youth Fund Projects (14YJC630188) and Heilongjiang province young creative talent project under Grant (UNPYSCT-2015097).