Advanced search
Publication Cover
Applied Economics Letters Volume 30, 2023 - Issue 14
Submit an article Journal homepage
251
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Corporate strategic deviance and stock price volatility: from the perspective of information asymmetry

Yi Chia Business School, Ningbo University, Ningbo, ChinaORCID Iconhttps://orcid.org/0000-0003-4400-4196View further author information
ORCID Icon,
Yang Yangb School of Economics and Management, Ningbo University of Technology, Ningbo, ChinaCorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0002-3742-5008View further author information
ORCID Icon,
Dong Luc c School of Accounting, Southwestern University of Finance and Economics, Chengdu, ChinaView further author information
&
Yuejiao Baod d Danyi Fund, Research Institution, Shanghai, ChinaView further author information
Pages 1973-1977 | Published online: 04 Jul 2022

References

  • Bae, K. H., K. Chan, and A. Ng. 2004. “Investibility and Return Volatility.” Journal of Financial Economics 71 (2): 239–263. doi:10.1016/S0304-405X(03)00166-1.
  • Bentley-Goode, K. A., T. C. Omer, and B. J. Twedt. 2019. “Does Business Strategy Impact a Firm’s Information Environment?” Journal of Accounting, Auditing & Finance 34 (4): 563–587. doi:10.1177/0148558X17726893.
  • Borochin, P., C. Ghosh, and D. Huang. 2019. “Target Information Asymmetry and Takeover Strategy: Insights from a New Perspective.” European Financial Management 25 (1): 38–79. doi:10.1111/eufm.12199.
  • Bushee, B. J., and C. F. Noe. 2000. “Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility.” Journal of Accounting Research 38: 171–202. doi:10.2307/2672914.
  • Dong, X., K. C. Chan, Y. Cui, and J. X. Guan. 2021. “Strategic Deviance and Cash Holdings.” Journal of Business Finance & Accounting 48 (3–4): 742–782. doi:10.1111/jbfa.12487.
  • Huang, A. H., R. Lehavy, A. Y. Zang, and R. Zheng. 2018. “Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach.” Management Science 64 (6): 2833–2855. doi:10.1287/mnsc.2017.2751.
  • Hutton, A. P., A. J. Marcus, and H. Tehranian. 2009. “Opaque Financial Reports, R2, and Crash Risk.” Journal of Financial Economics 94 (1): 67–86. doi:10.1016/j.jfineco.2008.10.003.
  • Mallikarjuna, M., and R. P. Rao. 2019. “Volatility Experience of Major World Stock Markets.” Theoretical and Applied Economics XXVI (4): 35–52. http://store.ectap.ro/articole/1418.pdf.
  • Shroff, N., A. X. Sun, H. D. White, and W. Zhang. 2013. “Voluntary Disclosure and Information Asymmetry: Evidence from the 2005 Securities Offering reform[J].” Journal of Accounting Research 51 (5): 1299–1345. doi:10.1111/1475-679X.12022.
  • Tang, J., M. Crossan, and W. G. Rowe. 2011. “Dominant CEO, Deviant Strategy, and Extreme Performance: The Moderating Role of a Powerful Board.” Journal of Management Studies 48 (7): 1479–1503. doi:10.1111/j.1467-6486.2010.00985.x.
  • Zadeh, M. H., M. Magnan, D. Cormier, and A. Hammami. 2021. “Environmental and Social Transparency and Investment Efficiency: The Mediating Effect of Analysts’ Monitoring.” Journal of Cleaner Production 322:128991. doi:10.1016/j.jclepro.2021.128991.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Supercharge Your Next Research Paper: Research and write your next paper with Jenni AI.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.