| 蔡向高, 邓可斌. 2019. 无消息即坏消息:中国股市的信息不对称. 管理科学学报 22(4): 75−91. |
| 陈赟, 沈艳, 王靖一. 2020. 重大突发公共卫生事件下的金融市场反应. 金融研究 (6): 20−39. |
| 蒋涛. 2020. 疫情对企业融资的影响研究—来自银团贷款市场的经验证据. 国际金融研究 : 65−75. |
| 李强. 2020. 新冠肺炎疫情下的经济发展与应对—基于韧性经济理论的分析. 财经科学 (4): 70−79. |
| 林斌, 饶静. 2009. 上市公司为什么自愿披露内部控制鉴证报告?—基于信号传递理论的实证研究. 会计研究 (2): 45−52. |
| 马鹏飞, 隋聪. 2020. 股价超跌能驱动股票回购吗?—基于一个准自然实验. 系统工程理论与实践 40(12): 3080−3094. |
| 潘越, 翁若宇, 刘思义. 2017. 私心的善意:基于台风中企业慈善捐赠行为的新证据. 中国工业经济 (5): 133−151. |
| 山立威, 甘犁, 郑涛. 2008. 公司捐款与经济动机—汶川地震后中国上市公司捐款的实证研究. 经济研究 43(11): 51−61. |
| 王建玲, 李玥婷, 吴璇. 2018. 社会责任的信号作用—基于中国市场的研究. 中国管理科学 26(8): 31−41. |
| 王永贵, 高佳. 2020. 新冠疫情冲击、经济韧性与中国高质量发展. 经济管理 42(5): 5−17. |
| 张国清. 2003. 公共危机管理和政府责任—以SARS疫情治理为例. 管理世界 (12): 42−50. |
| 张志安, 冉桢. 2020. “风险的社会放大”视角下危机事件的风险沟通研究—以新冠疫情中的政府新闻发布为例. 新闻界 (6): 12−19. |
| 赵静梅, 申宇, 吴风云. 2014. 天灾、人祸与股价:基于地震、群体骚乱事件的研究. 管理科学学报 17(4): 19−33. |
| 钟覃琳, 杨晓彤, 唐玮, 姜付秀. 2020. 经济政策不确定性与上市公司风险应对—基于信息披露策略的研究视角. 学术研究 (5): 88−97. |
| 朱民, 唐朝, 郑重阳. 2020. 新冠肺炎疫情下全球经济复苏之路探索—来自意大利的启迪. 上海对外经贸大学学报 27(4): 5−20. |
| 朱武祥, 张平, 李鹏飞, 王子阳. 2020. 疫情冲击下中小微企业困境与政策效率提升—基于两次全国问卷调查的分析. 管理世界 36(4): 13−26. |
| Andrew, W., and A. Valadkhani. 2004. Measuring the impact of natural disasters on capital markets: An empirical application using intervention analysis. Applied Economics 36: 2177−2186. doi: 10.1080/0003684042000282489 |
| Asquith, P., and D. W. Mullins. 1986. Signalling with dividends, stock repurchase, and equity issues. Financial Management 15(3): 27−44. doi: 10.2307/3664842 |
| Baker, S. R., N. Bloom, S. J. Davis, K. Kost, M. C. Sammon, and T.Viratyosin 2020. The unprecedented stock market impact of COVID-19. Working Paper. |
| Bargeron, L., A. Bonaime, and S. Thomas. 2017. The timing and source of long-run returns following repurchases. Journal of Financial and Quantitative Analysis 52(2): 491−517. doi: 10.1017/S0022109017000084 |
| Brounen, D., and J. Derwall. 2010. The impact of terrorist attacks on international stock markets. European Financial Management 16(4): 585−598. doi: 10.1111/j.1468-036X.2009.00502.x |
| Campbell, L., C. S. Gulas, and T. S. Gruca. 1999. Corporate giving behavior and decision: Maker social consciousness. Journal of Business Ethics 19(4): 375−383. doi: 10.1023/A:1006080417909 |
| Chen, H., and C. Yeh. 2021. Global financial crisis and COVID-19: Industrial reactions. Finance Research Letters. |
| Connelly, B. L., S. T. Certo, R. D. Ireland, and C. R. Reutzel. 2011. Signaling theory: A review and assessment. Journal of Management 37(1): 39−67. doi: 10.1177/0149206310388419 |
| Cowan, K., and F. Guzman. 2020. How CSR reputation, sustainability signals, and country-of-origin sustainability reputation contribute to corporate brand performance: An exploratory study. Journal of Business Research 117: 683−693. doi: 10.1016/j.jbusres.2018.11.017 |
| Dai, Y., P. R. Rau, A. Stouraitis, and W. Tan. 2020. An ill wind? Terrorist attacks and CEO compensation. Journal of Financial Economics 135(2): 379−398. doi: 10.1016/j.jfineco.2019.06.005 |
| Dann, L. Y. 1981. Common stock repurchases: An analysis of returns to bondholders and stockholders. Journal of Financial Economics 9(2): 113−138. doi: 10.1016/0304-405X(81)90010-6 |
| Deephouse, D. L., W. Newburry, and A. Soleimani. 2016. The effects of institutional development and national culture on cross-national differences in corporate reputation. Journal of World Business 51(3): 463−473. doi: 10.1016/j.jwb.2015.12.005 |
| Dessaint, O., and A. Matray. 2017. Do managers overreact to salient risks? Evidence from hurricane strikes. Journal of Financial Economics 126(1): 97−121. doi: 10.1016/j.jfineco.2017.07.002 |
| Ding, W., R. Levine, C. Lin, and W. Xie. 2020. Corporate immunity to the COVID-19 pandemic. Working Paper. |
| Dittmar, A., and L. C. Field. 2015. Can managers time the market? Evidence using repurchase price data. Journal of Financial Economics 115(2): 261−282. doi: 10.1016/j.jfineco.2014.09.007 |
| Fahlenbrach, R., K. Rageth, and R. M. Stulz. 2020. How valuable is financial flexibility when revenue stops? Evidence from the COVID-19 crisis[J]. The Review of Financial Studies. |
| Guo, Y., P. Li, and A. Li. 2021. Tail risk contagion between international financial markets during COVID-19 pandemic. International Review of Financial Analysis . |
| Hackethal, A., and A. Zdantchouk. 2006. Signaling power of open market share repurchases in Germany. Financial Markets and Portfolio Management 20(2): 123−151. doi: 10.1007/s11408-006-0011-9 |
| Harjoto, M. A., and H. Jo. 2015. Legal vs. Normative CSR: Differential impact on analyst dispersion, stock return volatility, cost of capital, and firm value. Journal of Business Ethics 128(1): 1−20. |
| Healy, P. M., and G. K. Palepu. 2001. Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature. Journal of Accounting and Economics 31(1): 405−440. |
| Hood, M., A. Kamesaka, J. Nofsinger, and T. Tamura. 2013. Investor response to a natural disaster: Evidence from Japan's 2011 earthquake. Pacific-Basin Finance Journal 25: 240−252. doi: 10.1016/j.pacfin.2013.09.006 |
| Huo, X., and Z. Qiu. 2020. How does China’s stock market react to the announcement of the COVID-19 pandemic lockdown? Economic and Political Studies 8(4): 436−461. doi: 10.1080/20954816.2020.1780695 |
| Joachim, G. N., and R. S. J. Koijen. 2020. Coronavirus: Impact on stock prices and growth expectations. The Review of Asset Pricing Studies (10): 574−597. |
| Just, M., and K. Echaust. 2020. Stock market returns, volatility, correlation and liquidity during the COVID-19 crisis: Evidence from the markov switching approach. Finance Research Letters : 37. |
| Kaplanski, G., and H. Levy. 2010. Sentiment and stock prices: The case of aviation disasters. Journal of Financial Economics 95(2): 174−201. doi: 10.1016/j.jfineco.2009.10.002 |
| Kirmani, A., and A. R. Rao. 2000. No pain, no gain: A criticai review of the literature on signaling unobservable product quality. Journal of Marketing 64(2): 66−79. doi: 10.1509/jmkg.64.2.66.18000 |
| Leng, F., and G. Noronha. 2013. Information and long‐term stock performance following open‐market share repurchases. The Financial Review 48(3): 461−487. doi: 10.1111/fire.12011 |
| Martin, P. R., and D. V. Moser. 2016. Managers’ green investment disclosures and investors’reaction. Journal of Accounting and Economics 61(1): 239−254. doi: 10.1016/j.jacceco.2015.08.004 |
| Myers, S. C., and N. S. Majluf. 1984. Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics 13(2): 187−221. doi: 10.1016/0304-405X(84)90023-0 |
| Narayan, P. K., D. H. B. Phan, and G. Liu. 2021. COVID-19 lockdowns, stimulus packages, travel bans, and stock rreturns. Finance Research Letters : 38. |
| O’Donnell, N., D. Shannon, and B. Sheehan. 2021. Immune or at-risk? Stock markets and the significance of the COVID-19 pandemic. Journal of Behavioral and Experimental Finance : 30. |
| Shelor, R. M., D. C. Anderson, and M. L. Cross. 1990. The impact of the California earthquake on real estate firms' stock value. Journal of Risk and Insurance 5(3): 335−340. |
| Smales, L. A. 2021. Investor attention and global market returns during the COVID-19 crisis. International Review of Financial Analysis . |
| Spence, M. 1973. Job market signaling. Quarterly Journal of Economics 87(3): 355−374. doi: 10.2307/1882010 |
| Stephens, C. P., and M. S. Weisbach. 1998. Actual share reacquisitions in open-market repurchase programs. Journal of Finance 53(1): 313−333. doi: 10.1111/0022-1082.115194 |
| Vermaelen, T. 1981. Common stock repurchases and market signalling: An empirical study. Journal of Financial Economics 9(2): 139−183. doi: 10.1016/0304-405X(81)90011-8 |
| Wang, A. Y., and M. Young. 2020. Terrorist attacks and investor risk preference: Evidence from mutual fund flows. Journal of Financial Economics 137(2): 491−514. doi: 10.1016/j.jfineco.2020.02.008 |
| Wang, J., and X. Wang. 2021. COVID-19 and financial market efficiency: Evidence from an entropy-based analysis. Finance Research Letters. |
| Wu, C., and J. Hu. 2019. Can CSR reduce stock price crash risk? Evidence from China's energy industry. Energy Policy 128: 505−518. doi: 10.1016/j.enpol.2019.01.026 |
| Zaremba, A., D. Y. Aharon, E. Demir, R. Kizys, and D. Zawardka. 2021. COVID-19, government policy responses, and stock market liquidity around the world: A note. Research in International Business and Finance : 56. |
| Zhang, L., E. I. Altman, and J. Yen. 2010. Corporate financial distress diagnosis model and application in credit rating for listing firms in China. Frontiers of Computer Science in China 4(2): 220−236. doi: 10.1007/s11704-010-0505-5 |
| Zhang, Y., and M. F. Wiersema. 2009. Stock market reaction to CEO certification: The signaling role of CEO background. Strategic Management Journal 30(7): 693−710. doi: 10.1002/smj.772 |