Browsing by Author "Yao, S."
Now showing items 1-8 of 8
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Building eco-friendly corporations: The role of minority shareholders
Yao, S.; Pan, Y.; Wang, L.; Şensoy, Ahmet; Cheng, F. (Springer, 2022-12-06)Based on China’s mandatory requirement for listed firms to implement online voting in their annual general shareholder meetings, we investigate whether and how minority shareholders influence corporate environmental ... -
Can investors’ informed trading predict cryptocurrency returns? Evidence from machine learning
Wang, Y.; Wang, C.; Şensoy, Ahmet; Yao, S.; Cheng, F. (Elsevier Inc., 2022-05-24)As an emerging asset, cryptocurrencies have attracted more and more attention from investors and researchers in recent years. With the gradual convergence of the investors in cryptocurrency and traditional financial markets, ... -
The dark side of marital leadership: Evidence from China
Yao, S.; Zhao, W.; Şensoy, Ahmet; Cheng, F.; Goodell, J. W. (Elsevier BV, 2021-10)Using a unique dataset of Chinese private firms, we find that marital leadership is associated with higher propensity for financial fraud. We examine the potential economic mechanisms that lead to this result, finding that ... -
Green credit policy and firm performance: What we learn from China
Yao, S.; Pan, Y.; Şensoy, Ahmet; Uddin, G. S.; Cheng, F. (Elsevier BV, 2021-09)We explore the effect of green credit policy on firm performance of listed firms in China. We find that green credit policy reduces firm performance in heavily polluting industries. This effect is more prominent in state-owned ... -
Investor attention and cryptocurrency market liquidity: A double-edged sword
Yao, S.; Şensoy, Ahmet; Nguyen, D. K.; Li, T. (Springer, 2022-09)This paper explores the double-edged sword effect of investor attention on market liquidity. Based on the analysis on 597 cryptocurrencies from 2014 to 2020, our findings show that static investor attention improves ... -
Investor attention and idiosyncratic risk in cryptocurrency markets
Yao, S.; Kong, X.; Şensoy, Ahmet; Akyıldırım, E. (Routledge, 2021-12-18)We explore the impact of investor attention on idiosyncratic risk in the cryptocurrency markets. Taking the Google Trends Index as the measure of investor attention, we find that investor attention can significantly reduce ... -
Learning from failures: Director interlocks and corporate misconduct
Wang, Z.; Yao, S.; Şensoy, Ahmet; Goodell, J. W.; Cheng, F. (Elsevier BV, 2022-10-20)Motivated by social learning and social network theories, we argue that firms learn from failures in their director interlocked firms. Empirical results show that enforcement for violations in errant firms inhibit misconduct ... -
Positive information shocks, investor behavior and stock price crash risk
Cui, X.; Şensoy, Ahmet; Nguyen, D. K.; Yao, S.; Wu, Y. (Elsevier BV, 2022-03-31)This article explores the impact of positive information shocks on investors’ trading behavior and the related stock price crash risk. We use cumulative positive jump returns to measure the positive information shocks and ...