Data for: Expected Stock Price Crash Risk and Bank Loan Pricing: Evidence from China's Listed Firms

Published: 17-07-2019| Version 1 | DOI: 10.17632/wg2px6dj3v.1
Contributors:
Liping Xu,
Yu Xin,
Xiaolong Gu

Description

Data include (1) firm-level stock price crash risk and risk expectation data; (2) bank loans terms, including borrowing date, maturity, borrowing amount, borrowing type (i.e., credit, collateral, guarantee), and other contract-level loan information; (3) marketization index across Chinese provinces; (4) firms' ownership and political connection data; (5) types of bank; and, (6) other firm-level data for the period 2003–2014. The data include 996 contracts of 293 Chinese listed companies. Bank loan data and firm-level financial data are retrieved from the China Stock Market and Accounting Research (CSMAR) database and processed where necessary. The marketization index is taken from NERI INDEX of China's Provinces 2011 Report (Fan et al., 2011) and Marketization Index of China's provinces NERI Report 2016 (Wang et al., 2016). Ownership and political connection data are manually collected from annual reports of Chinese listed firms.

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