IDEAS home Printed from https://ideas.repec.org/a/hin/jnddns/4634782.html
   My bibliography  Save this article

Managerial Ownership and Stock Price Volatility: The Moderating Role of Corporate Transparency in China

Author

Listed:
  • Qi Zhong
  • Binxiang Dai

Abstract

This paper aims to investigate the impact of managerial ownership on the stock price volatility in China by considering corporate transparency as a mediator. By analyzing data from 558 Chinese listed companies between 2016 and 2020, empirical results from a multiple linear regression model show a positive correlation between managerial ownership and corporate transparency. The results also provide the evidence that the negative correlation between managerial ownership and stock volatility is more (less) pronounced in companies with less (more) transparency. Enterprises should cooperate with financial analysts to increase corporate transparency. Individual investors can analyze the market performance by examining the company’s equity structure, the number of cooperative analysts, and the number of research reports so as to provide more reliable basis for investment.

Suggested Citation

  • Qi Zhong & Binxiang Dai, 2022. "Managerial Ownership and Stock Price Volatility: The Moderating Role of Corporate Transparency in China," Discrete Dynamics in Nature and Society, Hindawi, vol. 2022, pages 1-10, October.
    • Handle: RePEc:hin:jnddns:4634782
    DOI: 10.1155/2022/4634782
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/ddns/2022/4634782.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/ddns/2022/4634782.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2022/4634782?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnddns:4634782. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.