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Oil price uncertainty and stock price crash risk: Evidence from China

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  1. Ren, Xiaohang & liu, Ziqing & Jin, Chenglu & Lin, Ruya, 2023. "Oil price uncertainty and enterprise total factor productivity: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 201-218.
  2. Richardson, Grant & Obaydin, Ivan & Liu, Chelsea, 2022. "The effect of accounting fraud on future stock price crash risk," Economic Modelling, Elsevier, vol. 117(C).
  3. Dai, Zhifeng & Zhu, Junxin & Zhang, Xinhua, 2022. "Time-frequency connectedness and cross-quantile dependence between crude oil, Chinese commodity market, stock market and investor sentiment," Energy Economics, Elsevier, vol. 114(C).
  4. Ullah, Assad & Riaz, Adeel, 2025. "The impact of energy-related uncertainty on China’s overall and sectoral stock returns: Evidence from quantile-on-quantile regression," Energy, Elsevier, vol. 320(C).
  5. Amin, Md Ruhul & Wang, Xinyu & Aktas, Elvan, 2023. "Does oil price uncertainty affect corporate innovation?," Energy Economics, Elsevier, vol. 118(C).
  6. Wang, Linyu & Ji, Yifan & Ni, Zhongxin, 2023. "Spillover of stock price crash risk: Do environmental, social and governance (ESG) matter?," International Review of Financial Analysis, Elsevier, vol. 89(C).
  7. Ruwei Zhao & Ruixin Fan & Xiong Xiong & Jianli Wang & Jitka Hilliard, 2023. "Media Tone and Stock Price Crash Risk: Evidence from China," Mathematics, MDPI, vol. 11(17), pages 1-14, August.
  8. Wang, Jinpeng & Zhang, Tao, 2025. "Oil price uncertainty and corporate digital transformation: Evidence from China," Energy Economics, Elsevier, vol. 151(C).
  9. Wang, Kai-Hua & Zhao, Yan-Xin & Su, Yun Hsuan & Lobonţ, Oana-Ramona, 2023. "Energy security and CO2 emissions: New evidence from time-varying and quantile-varying aspects," Energy, Elsevier, vol. 273(C).
  10. Luo, Qin & Ma, Feng & Wang, Jiqian & Wu, You, 2024. "Changing determinant driver and oil volatility forecasting: A comprehensive analysis," Energy Economics, Elsevier, vol. 129(C).
  11. Qiao, Tongshuai & Zhao, Yang & Han, Liyan & Li, Donghui, 2025. "Multivariate crash risk in China," Journal of Banking & Finance, Elsevier, vol. 171(C).
  12. He, Feng & Chen, Longxuan & Hao, Jing & Wu, Ji, 2024. "Financial market development and corporate risk management: Evidence from Shanghai crude oil futures launched in China," Energy Economics, Elsevier, vol. 129(C).
  13. Shahbaz, Muhammad & Sheikh, Umaid A. & Tabash, Mosab I. & Jiao, Zhilun, 2024. "Shock transmission between climate policy uncertainty, financial stress indicators, oil price uncertainty and industrial metal volatility: Identifying moderators, hedgers and shock transmitters," Energy Economics, Elsevier, vol. 136(C).
  14. Huang, Xinhui & Yang, Lukai, 2025. "Balancing the books: The role of energy-related uncertainty in corporate leverage," Global Finance Journal, Elsevier, vol. 64(C).
  15. Wang, Kangsheng & Wen, Fenghua & Gong, Xu, 2024. "Oil prices and systemic financial risk: A complex network analysis," Energy, Elsevier, vol. 293(C).
  16. Mollick, André Varella, 2025. "Risk, uncertainty, world business cycles, and the U.S. stock-oil relationship," Journal of Commodity Markets, Elsevier, vol. 39(C).
  17. Ding, Lili & Zhao, Haoran & Zhang, Rui, 2024. "Predicting multi-frequency crude oil price dynamics: Based on MIDAS and STL methods," Energy, Elsevier, vol. 313(C).
  18. Lee, Chien-Chiang & Wang, Chih-Wei & Lin, Weizheng & Chiu, Yi-Hsin, 2025. "The role of happiness in bank risk: An international cross-country analysis," Pacific-Basin Finance Journal, Elsevier, vol. 90(C).
  19. Xu, Zhiwei & Gou, Xinyi & Zhang, Teng, 2025. "Have the Chinese crude oil futures prices made a progress towards becoming the regional oil pricing benchmark? Empirical analysis from the asset pricing perspective," Energy Economics, Elsevier, vol. 145(C).
  20. Zhang, Zongyi & Fan, Zhenjun, 2024. "Oil price uncertainty and corporate diversification: Evidence from Chinese manufacturing firms," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 929-947.
  21. Wadhwa, Kavita & Goodell, John W., 2024. "Political uncertainty and stock price crash risk: Insights from state-elections in an emerging market," International Review of Financial Analysis, Elsevier, vol. 95(PB).
  22. Feng He & Longxuan Chen & Jing Hao & Dongfeng Chang, 2025. "Futures Trading and Corporate Financialization: A Quasi‐Natural Experiment From the Launch of China's Crude Oil Futures," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 45(7), pages 732-751, July.
  23. Jing Lu & Guohua Cao & Chuan Lin & Stavros Sindakis & Saloome Showkat, 2024. "Corporate Site Visits and Stock Price Crash Risk: The Role of Institutional Investors’ Knowledge Acquisitions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 9082-9114, June.
  24. Zhang, Chuanguo & Yu, Xiaoxue & Zhou, Juncen, 2024. "China's embodied oil outflow in GVC participation: Patterns and drivers," Resources Policy, Elsevier, vol. 91(C).
  25. Jiang, Yan & Gan, Tian & Wei, Xiaokun & Zou, Honghui, 2025. "Oil price volatility and corporate debt choice: Evidence from China," Journal of Commodity Markets, Elsevier, vol. 40(C).
  26. Chen, Chuanglian & Zhou, Lichao & Sun, Chuanwang & Lin, Yuting, 2024. "Does oil future increase the network systemic risk of financial institutions in China?," Applied Energy, Elsevier, vol. 364(C).
  27. Xiang, Xin & He, Xu & Han, Yajie, 2024. "Does oil price uncertainty affect IPO underpricing? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 240-259.
  28. Che, Ming & Wang, Li & Li, Yujia, 2024. "Global economic policy uncertainty and oil price uncertainty: Which is more important for global economic activity?," Energy, Elsevier, vol. 310(C).
  29. Zhang, Dongyang & Bai, Dingchuan & Chen, Xingyu, 2024. "Can crude oil futures market volatility motivate peer firms in competing ESG performance? An exploration of Shanghai International Energy Exchange," Energy Economics, Elsevier, vol. 129(C).
  30. Yang, Baochen & Song, Xinyu, 2023. "Does oil price uncertainty matter in firm innovation? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 88(C).
  31. Li, Yinan & Liu, Qiang & Guo, Shuxin, 2025. "Ambiguity and stock price crash risk: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 79(C).
  32. Xu, Qingyong & Zhang, Junzhi & Yu, Daqian & Yu, Chunying & Fu, Jiaxin & Chen, Xiaoye & Tian, Juan, 2025. "Ownership structure, cross-listing, and stock price crash risk," Finance Research Letters, Elsevier, vol. 75(C).
  33. Mahla Afghahi & Farzaneh Nassirzadeh & Davood Askarany, 2024. "Exploring the impact of customer concentration on stock price crash risk," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
  34. Liu, Jing & Chen, Zhonglu, 2023. "How do stock prices respond to the leading economic indicators? Analysis of large and small shocks," Finance Research Letters, Elsevier, vol. 51(C).
  35. Tumala, Mohammed M. & Salisu, Afees A. & Gambo, Ali I., 2023. "Disentangled oil shocks and stock market volatility in Nigeria and South Africa: A GARCH-MIDAS approach," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 707-717.
  36. Alper Gormus & Ugur Soytas, 2023. "Financial Sector Troubles and Energy Markets," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 357-363, March.
  37. Halder, Abhishek & Kannadhasan, M., 2025. "Energy uncertainty and corporate bankruptcy risk: International evidence," Energy Economics, Elsevier, vol. 151(C).
  38. Yue, Shuai & Anderson, Hamish D. & Liao, Jing, 2024. "Negative information hoarding in politically connected firms: The influence from the central environmental protection inspections," Pacific-Basin Finance Journal, Elsevier, vol. 88(C).
  39. Muhamad Nafik Hadi Ryandono & Mochamad Ali Imron & Muhammad Alkirom Wildan, 2022. "World Oil Prices and Exchange Rates on Islamic Banking Risks," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 409-413, July.
  40. Giang Thi Huong Vuong & Manh Huu Nguyen & Khanh Hoang, 2024. "Oil price uncertainty, oil pricing reform, and corporate profitability: The case of China," PLOS ONE, Public Library of Science, vol. 19(2), pages 1-25, February.
  41. Sarker, Md Showaib Rahman & Mazumder, Sharif & Amin, Md Ruhul, 2023. "Oil price uncertainty, workplace misconduct, and cash holding," International Review of Financial Analysis, Elsevier, vol. 89(C).
  42. Wu, Cuidan & Ling, Muyan & Hou, Dongde & Dai, Zhongliang & Zhang, Xiangjian, 2025. "Corporate social responsibility, market business environment, and stock price crash risk: an analysis from the stakeholder perspective," Finance Research Letters, Elsevier, vol. 86(PA).
  43. Aoran Zhang & Chunyang Zhou, 2025. "Market Crash Risk and the Cross‐Section of Stock Returns: Evidence in China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 65(3), pages 2935-2949, September.
  44. Wen, Fenghua & Chen, Meng & Zhang, Yun & Miao, Xiao, 2023. "Oil price uncertainty and audit fees: Evidence from the energy industry," Energy Economics, Elsevier, vol. 125(C).
  45. Chai, Li & Wang, Yuqi & Qi, Xiaohong, 2024. "Cross-category connectedness between Shanghai crude oil futures and Chinese stock markets related to the Belt and Road Initiative," The North American Journal of Economics and Finance, Elsevier, vol. 73(C).
  46. Demirer, Riza & Polat, Onur & Sokhanvar, Amin, 2025. "Do oil price shocks drive systematic risk premia in stock markets? A novel investment application," Research in International Business and Finance, Elsevier, vol. 73(PA).
  47. Lin, Boqiang & Song, Yijie, 2025. "Do coal price shocks affect the risk-taking of listed companies in China?," Resources Policy, Elsevier, vol. 101(C).
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