客户信息披露降低了企业股价崩盘风险吗

被引：14

作者：

彭旋

王雄元

机构：

[1] 中南财经政法大学会计学院

来源：

山西财经大学学报 | 2016年 / 38卷 / 05期

关键词：

客户信息披露; 股价崩盘风险; 信息不对称; 公司治理;

D O I：

10.13781/j.cnki.1007-9556.2016.05.007

中图分类号：

F275 [企业财务管理]; F832.51 [];

学科分类号：

1202 ; 120202 ; 1201 ; 020204 ;

摘要：

以我国2007-2014年A股上市公司为样本,实证检验客户信息披露与企业股价崩盘风险的内在关系。研究发现,随着客户明细信息和具体名称披露程度的提高,企业股价崩盘风险显著下降。进一步分析发现,在企业信息透明度较高、公司治理较差的情况下,客户信息披露与企业股价崩盘风险之间的负相关关系更显著。本研究不仅丰富了股价崩盘风险相关文献,还为近年来证监会加强客户等非财务信息披露的制度效果提供了经验证据。

引用

页码：69 / 79+89 +89

页数：12

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