Discrete Dynamics in Nature and Society

Research Article

Analysis on Relationship between Accurate Poverty Alleviation and Stock Price Collapse Risk from the Perspective of Information Disclosure

Table 11

Test results under poverty experience of executives.


	(1) Ncskew	(2) Duvol	(3) Ncskew	(4) Duvol	(5) Ncskew	(6) Duvol

APA₁			−0.095 (0.032)	−0.050 (0.022)
APA₂					−0.005 (0.002)	−0.003 (0.001)
APA₁ × EPE			−0.105 (0.008)	−0.090 (0.026)
APA₂ × EPE					−0.078 (0.006)	−0.063 (0.004)
EPE	−0.139 (0.012)	−0.243 (0.028)	−0.169 (0.015)	−0.265 (0.038)	−0.161 (0.024)	−0.263 (0.036)
Control_Variable	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled
Year	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled
Industry	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled
C	0.244	0.283	0.046	0.165	0.049	0.137
Adj R²	0.026	0.024	0.032	0.029	0.029	0.028

Note. The numbers in the parentheses are the standard error of regression coefficients; , , and are the significance levels of 1%, 5%, and 10%, respectively.