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投资者关注控股股东股权质押吗?——基于实地调研视角的研究 被引量:1
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作者 石慧 李明辉 《财贸研究》 北大核心 2025年第3期97-110,共14页
利用2013—2019年沪深A股上市公司数据,考察控股股东股权质押对投资者实地调研的影响。研究发现,控股股东股权质押与投资者实地调研之间呈倒“U”形关系,该结论在经过一系列稳健性检验后仍然成立。当股权质押比例较低时,投资者信息需求... 利用2013—2019年沪深A股上市公司数据,考察控股股东股权质押对投资者实地调研的影响。研究发现,控股股东股权质押与投资者实地调研之间呈倒“U”形关系,该结论在经过一系列稳健性检验后仍然成立。当股权质押比例较低时,投资者信息需求和监督治理动机占主导,控股股东股权质押与投资者实地调研显著正相关;当公司股权质押比例较高时,投资者风险规避心理占主导,控股股东股权质押与投资者实地调研显著负相关。进一步分析表明,当媒体关注度较高及股市周期为牛市时,控股股东股权质押与投资者实地调研之间的倒“U”形关系更显著。经济后果检验显示,控股股东股权质押会影响投资者实地调研行为,进而对公司股价崩盘风险产生一定影响。 展开更多
关键词 控股股东 股权质押 投资者实地调研 股价崩盘风险
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Exploring Crowdsourced Hard—Acceleration and Braking Event Data for Evaluating Safety Performance of Low-Volume Rural Highways in Iowa
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作者 Shoaib Mahmud Christopher M. Day 《Journal of Transportation Technologies》 2023年第2期282-300,共19页
There are over four million miles of two-lane roadways across the United States, of which a substantial portion is low-volume roads (LVR). Traditionally, most traffic safety efforts and countermeasures focus on high-v... There are over four million miles of two-lane roadways across the United States, of which a substantial portion is low-volume roads (LVR). Traditionally, most traffic safety efforts and countermeasures focus on high-volume high-crash urban locations. This is because LVRs cover an extensive area, and the rarity of crashes makes it challenging to use crash data to monitor the safety performance of LVRs regularly. In addition, obtaining up-to-date roadway information, such as pavement or shoulder conditions of an extensive LVR network, can be exceptionally difficult. In recent times, crowdsourced hard-acceleration and braking event data have become commercially available, which can provide precise geolocation information and can be readily acquired from different vendors. The present paper examines the potential use of this data to identify opportunities to monitor the safety of LVRs. This research examined approximately 12 million hard-acceleration and hard-braking events over a 3-months period and 26,743 crashes, including 9373 fatal injuries over the past 5-year period. The study found a moderate correlation between hard acceleration/hard-braking events with historical crash events. This study conducted a hot spot analysis using hard-acceleration/hard-braking and crash datasets. Hotspot analysis detected spatial clusters of high-risk crash locations and detected 848 common high-risk sites. Finally, this paper proposes a combined ranking scheme that simultaneously considers historical crash events and hard-acceleration/hard-braking events. The research concludes by suggesting that agencies can potentially use the hard-acceleration and hard-braking event dataset along with the historical crash dataset to effectively supervise the safety performance of the vast network of LVRs more frequently. 展开更多
关键词 Connected Vehicle Low Volume Highway high-risk crash sites Hard Acceleration and Braking Events Geographic Information System
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核电厂厂址选择中飞机坠毁事件的评价程序及概率确定方法 被引量:2
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作者 郑启燕 张力军 +1 位作者 黄伟奇 尹清辽 《核科学与工程》 CSCD 北大核心 2010年第1期91-96,共6页
介绍了核电厂厂址选择中对飞机坠毁事件的评价程序,以及在初步筛选评价和详细评价两个不同阶段的飞机坠毁概率确定方法,除了考虑一般空运飞行、机场起落和空中走廊的飞机坠毁概率之外,还考虑了军用空域的军事训练导致的飞机坠毁概率。
关键词 核电厂 厂址选择 飞机坠毁 概率
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机构投资者实地调研与股价崩盘风险 被引量:7
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作者 明泽 陆建桥 《会计论坛》 2019年第2期132-151,共20页
本文以2013-2017年中国深交所A股上市公司为研究样本,考察了机构投资者实地调研对股价崩盘风险的影响。研究发现,机构投资者实地调研加剧了股价崩盘风险,其中调研次数越多、参与调研的机构数量和人数越多,机构投资者实地调研与股价崩盘... 本文以2013-2017年中国深交所A股上市公司为研究样本,考察了机构投资者实地调研对股价崩盘风险的影响。研究发现,机构投资者实地调研加剧了股价崩盘风险,其中调研次数越多、参与调研的机构数量和人数越多,机构投资者实地调研与股价崩盘风险间的正向关系越显著。进一步研究发现,机构投资者实地调研与股价崩盘风险间的正向关系在信息环境较差、治理环境较差的公司当中更明显。影响机制检验表明,机构投资者实地调研加剧了管理层与机构投资者间的战略合作,从而加剧公司的股价崩盘风险。机构投资者类型会对股价崩盘风险产生异质性影响,其中证券、基金以及保险机构的实地调研行为会加剧股价崩盘风险。 展开更多
关键词 实地调研 股价崩盘风险 乐观偏差 战略合作
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