Pseudo data for "Corporate responses to stock price fragility"

Published: 22 January 2024| Version 2 | DOI: 10.17632/9p3m5vgsyf.2
Contributors:
Richard Friberg, Itay Goldstein, Kristine Hankins

Description

Replication files and pseudo data for Friberg, Golstein and Hankins, 2024, "Corporate responses to stock price fragility", Journal of Financial Economics

Files

Steps to reproduce

As described in the README file the main analysis is performed in STATA and the do-file “responsetofragility_resultsinpaper.do” produces all the results reported in the paper when run on the true data, ("truedata.dta", not included in posted replication package). As most of the data sets are proprietary (e.g. Compustat) the posted data file, "pseudodata.dta" contains fake pseudo data. The STATA-file "assemble_truedata.do" was used to create truedata.dta, see README file for full description.

Institutions

  • Handelshogskolan i Stockholm Nationalekonomi
  • University of Pennsylvania Wharton School
  • University of Kentucky

Categories

Finance

Licence