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 4

Multiple regression results.


	(1) Ncskew	(2) Duvol	(3) Ncskew	(4) Duvol	(5) Ncskew	(6) Duvol	(7) Ncskew	(8) Duvol

APA₁	−0.109 (0.029)	−0.070 (0.019)	−0.108 (0.030)	−0.062 (0.020)
APA₂					−0.006 (0.002)	−0.005 (0.001)	−0.006 (0.002)	−0.004 (0.002)
Awcy			20.523	12.863			20.606	12.876
Swcy			−2.063	−0.971			−1.999	−0.937
Size			−0.003	−0.006			−0.004	−0.006
Debt			0.111	0.088			0.106	0.087
Roa			−0.273	−0.208			−0.295	−0.211
H10			−0.071	−0.018			−0.072	−0.018
Big4			−0.123	0.074			0.126	0.075
CSE			−0.027	−0.037			−0.028	−0.037
PSE			−0.029	−0.032			−0.034	−0.032
Year	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled
Industry	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled	Controlled
C	−0.257	−0.164	0.073	0.142	−0.273	−0.169	0.079	0.118
Adj R²	0.006	0.005	0.034	0.030	0.003	0.005	0.031	0.029

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