Sökning: "Chengcheng Qu"

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  1. 1. Do Managers Overreact to Nature Disaster Evidence from Earthquake Events

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Chengcheng Qu; [2017]
    Nyckelord :Cash holding; Managerial behavior; Heuristic bias; Earthquake;

    Sammanfattning : This paper investigates the availability heuristic which inflates manager's perception of liquidity risk attributing to earthquake strikes. Employing the financial reporting data of Chinese listed firms, I estimate a fixed-effect model of severe earthquake events and corporate cash holding as the proxy for a firm's self-insurance coverage. LÄS MER