Id |
Subject |
Object |
Predicate |
Lexical cue |
T147 |
0-4 |
Sentence |
denotes |
3.1. |
T148 |
5-21 |
Sentence |
denotes |
Sample Selection |
T149 |
22-106 |
Sentence |
denotes |
To test our hypotheses, we use the Chinese setting from 10 January to 31 March 2020. |
T150 |
107-415 |
Sentence |
denotes |
The financial and executive data is collected from the CSMAR database; the COVID-19 data is collected from the National Health Commission of the People’s Republic of China; the stock price is collected from the RESSET database; and the province-level data is collected from the National Bureau of Statistics. |
T151 |
416-470 |
Sentence |
denotes |
Panel A in Table 1 shows the sample selection process. |
T152 |
471-572 |
Sentence |
denotes |
After dropping the sample with missing data, the final sample contains 178,805 firm-day observations. |
T153 |
573-631 |
Sentence |
denotes |
Panel B of Table 1 shows the sample distribution by month. |
T154 |
632-773 |
Sentence |
denotes |
There are 237 firm-day observations for firms located in provinces face a continued increase in public health threats (CIPHT = 1) in January. |
T155 |
774-916 |
Sentence |
denotes |
The sample group of CIPHT = 1 increased dramatically during February, while there is a declining trend in the group of CIPHT = 1 during March. |
T156 |
917-978 |
Sentence |
denotes |
Panel C of Table 1 shows the sample distribution by industry. |
T157 |
979-1097 |
Sentence |
denotes |
Firms from the manufacturing industry dominate the full sample, which is consistent with China’s industrial structure. |
T158 |
1098-1189 |
Sentence |
denotes |
The proportion of cross-industry distribution in sub-samples is similar to the full sample. |