Research Article

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

Table 5

Mediating effect test results.

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

APA10.084 (0.009)−0.300 (0.031)−0.172 (0.022)
APA20.013 (0.001)−0.018 (0.002)−0.012 (0.002)
IND−0.101 (0.009)−0.046 (0.006)−0.116 (0.009)−0.057 (0.006)
Control_VariableControlledControlledControlledControlledControlledControlled
YearControlledControlledControlledControlledControlledControlled
IndustryControlledControlledControlledControlledControlledControlled
C0.7990.826−0.0540.175−0.1280.089
Adj R20.1050.1070.1020.0830.0820.077

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