Technological diversification and resilience to systematic risk: Evidence from listed firms in China

This paper investigates whether a firm with diversified technological bases is more resilient to systematic downside risk. By investigating Chinese listed manufacturing firms for 2015–2023, we find that diversified technological bases significantly reduce the left-tail correlation between its stock...

وصف كامل

التفاصيل البيبلوغرافية
الحاوية / القاعدة:	International Review of Economics & Finance
المؤلفون الرئيسيون:	Jiaying Mo, Dongmin Kong, Zhao Rong, Li Yu
التنسيق:	مقال
اللغة:	الإنجليزية
منشور في:	Elsevier 2025-04-01
الموضوعات:	O33 G14 G32
الوصول للمادة أونلاين:	http://www.sciencedirect.com/science/article/pii/S1059056025001972

مواد مشابهة

Artificial intelligence and corporate risk-taking: Evidence from China
حسب: Hong Chen, وآخرون
منشور في: (2024-09-01)

Does cross-listing on the Hong Kong stock exchange affect Chinese firms’ green innovation? New evidence
حسب: Xin Xiang, وآخرون
منشور في: (2025-03-01)

A new model for screening Shariah-compliant firms
حسب: Abdullah Alnamlah, وآخرون
منشور في: (2022-12-01)

Impact of ESG performance on firm value and profitability
حسب: Mahmut Aydoğmuş, وآخرون
منشور في: (2022-12-01)

Inverted U-shaped dynamics of capital structure and firm value: Evidence from an emerging market
حسب: Cengizhan Karaca, وآخرون
منشور في: (2025-09-01)

Government support for SMEs in the Fintech Era: Enhancing access to finance, survival, and performance
حسب: Najla Abu, وآخرون
منشور في: (2025-06-01)

On genus one mirror symmetry in higher dimensions and the BCOV conjectures
حسب: Dennis Eriksson, وآخرون
منشور في: (2022-01-01)

ESG performance, institutional investors’ preference and financing constraints: Empirical evidence from China
حسب: Xiong Bai, وآخرون
منشور في: (2022-12-01)

State-owned capital and quality of green innovation: Evidence from Chinese listed private firms
حسب: Haifeng Yan, وآخرون
منشور في: (2024-04-01)

Intergenerational power gap and R&D investment: Evidence from China
حسب: Yong Zhao, وآخرون
منشور في: (2023-04-01)

Does green technology transformation alleviate corporate financial constraints? Evidence from Chinese listed firms
حسب: Jue Feng, وآخرون
منشور في: (2024-03-01)

Debt maturity structure and stock price crash risk: The case of Turkiye
حسب: Bilge Canbaloglu, وآخرون
منشور في: (2022-09-01)

Short selling and trade credit: New evidence
حسب: Xin Xiang, وآخرون
منشور في: (2024-01-01)

Do controlling shareholders' equity pledges exacerbate the stock price crash risk? -A study based on margin trading and securities lending transactions in China's securities market
حسب: Liang Wang, وآخرون
منشور في: (2024-09-01)

Does FinTech penetration drive financial development? Evidence from panel analysis of emerging and developing economies
حسب: Joseph Jr. Aduba, وآخرون
منشور في: (2023-09-01)

Does the bank’s FinTech innovation reduce its risk-taking? Evidence from China’s banking industry
حسب: Chengming Li, وآخرون
منشور في: (2022-07-01)

How does corporate social performance affect investment inefficiency? An empirical study of China market
حسب: Kung-Cheng Ho, وآخرون
منشور في: (2022-05-01)

From risk to resilience: Climate change risk, ESG investments engagement and Firm's value
حسب: Tanveer Bagh, وآخرون
منشور في: (2024-03-01)

Managerial Entrenchment and Firm Performance: Evidence from Moroccan Listed Companies
حسب: Mohamed Bousetta
منشور في: (2021-09-01)

Green finance and corporate environmental performance
حسب: Yingxue Tan, وآخرون
منشور في: (2025-03-01)

Model of Risk Diversification in the Banking Sector
حسب: Karkowska Renata
منشور في: (2019-06-01)

Knowledge spillovers along the sustainable supply chain of China's listed companies: The role of long-term orientation
حسب: Lifeng Chen, وآخرون
منشور في: (2024-04-01)

The impact of margin trading and regulatory policy on IPO underpricing: Evidence from Türkiye
حسب: Ahmet Gökhan Arslan, وآخرون
منشور في: (2025-09-01)

The impact of write-down equity on bank stability under ambiguity aversion
حسب: Zhiming Zhao, وآخرون
منشور في: (2025-03-01)

Firm internationalization and cost of equity: Evidence from China
حسب: Jianfa Yang, وآخرون
منشور في: (2022-06-01)

Blockchain and tokenized carbon markets: Empirical evidence on market efficiency and transaction dynamics
حسب: Haykel Tlili
منشور في: (2025-12-01)

Underpricing and aftermarket performance of IPOs during the Covid-19 period: Evidence from Istanbul stock exchange
حسب: Metin İlbasmış
منشور في: (2023-05-01)

Firm's perception of economic policy uncertainty and corporate innovation efficiency
حسب: Han Zhou, وآخرون
منشور في: (2023-07-01)

How does digital finance affect imports, exports and trade balance: Evidence from China
حسب: Hongya Li, وآخرون
منشور في: (2025-04-01)

Shareholding control, ownership concentration, and the value of the Brazilian firm
حسب: Isac de Freitas Brandão, وآخرون
منشور في: (2024-09-01)

Tailored microprudential recommendations for bank profit retention using a risk tolerance framework
حسب: Petr Jakubik, وآخرون
منشور في: (2025-03-01)

The green innovation effect of the digital economy
حسب: Keren Chen, وآخرون
منشور في: (2025-04-01)

Firm climate change risk and financial flexibility: Drivers of ESG performance and firm value
حسب: Mirza Muhammad Naseer, وآخرون
منشور في: (2024-01-01)

Too much doing good: An international evidence of ESG-risk nexus in banking industry
حسب: Rizqi Umar Al Hashfi, وآخرون
منشور في: (2025-12-01)

Can common institutional ownership constrain the equity pledges of controlling shareholders? Evidence from Chinese listed companies
حسب: Fangfang Zhou, وآخرون
منشور في: (2025-03-01)

Uncovering the distress anomaly: The role of insider silence and limited investor attention
حسب: Yongming Chen, وآخرون
منشور في: (2025-04-01)

Quantile connectedness analysis and portfolio strategies among crude oil, gold, exchange rate, the US stock market, traditional and sustainable indices: Evidence from Thailand
حسب: Surachai Chancharat, وآخرون
منشور في: (2025-12-01)

Curbing credit corruption in China: The role of FinTech
حسب: Fan Su, وآخرون
منشور في: (2023-01-01)

Financial market discipline on bank risk: Implications of state ownership
حسب: Abdullah Kazdal, وآخرون
منشور في: (2024-06-01)

Digital transformation's impact on innovation in private enterprises: Evidence from China
حسب: Li Chen, وآخرون
منشور في: (2024-04-01)