Proceedings of the 2026 3rd International Conference on Applied Economics, Management Science and Social Development (AEMSS 2026)

<Previous Article In Volume
Next Article In Volume>

Empirical Study on State-Owned Institutional Investors and the Risk of Stock Price Collapse

Authors
Haohan Wu1, *
1Beijing Normal University, Beijing, China
*Corresponding author. Email: haohan5@126.com
Corresponding Author
Haohan Wu
Available Online 12 May 2026.
DOI
10.2991/978-94-6239-672-2_54How to use a DOI?
Keywords
State-owned institutional investors; Risk of collapse; Data analysis
Abstract

Taking the listed companies in Shanghai and Shenzhen stock markets from 2015 to 2024 as the sample, this study investigated the relationship between state-owned institutional investors and the risk of stock price collapse. The research found that state-owned institutional investors significantly reduced the risk of stock price crashes of companies, and there was a negative correlation between them. After conducting robustness tests by replacing explanatory variables, the above conclusion remained valid. In the context of the comprehensive promotion of the registration-based reform of the capital market in China, state-owned institutional investors should adhere to their duties in entering the market, eliminate market speculation behaviors, adhere to the concept of value investment, maintain the long-term stability of the securities market, play the role of a “regulator” in the securities market, actively participate in corporate governance, strive to create a healthy and favorable investment and financing environment and capital market ecosystem, and promote the high-quality development of listed companies.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2026 3rd International Conference on Applied Economics, Management Science and Social Development (AEMSS 2026)
Series
Advances in Economics, Business and Management Research
Publication Date
12 May 2026
ISBN
978-94-6239-672-2
ISSN
2352-5428
DOI
10.2991/978-94-6239-672-2_54How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Haohan Wu
PY  - 2026
DA  - 2026/05/12
TI  - Empirical Study on State-Owned Institutional Investors and the Risk of Stock Price Collapse
BT  - Proceedings of the 2026 3rd International Conference on Applied Economics, Management Science and Social Development (AEMSS 2026)
PB  - Atlantis Press
SP  - 568
EP  - 576
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-672-2_54
DO  - 10.2991/978-94-6239-672-2_54
ID  - Wu2026
ER  -