[Retracted] Enterprise Digital Transformation and Stock Price Crash Risk: Evidences from China

Table 6

Analysis of mechanism: information asymmetry.

	(1)	(2)	(3)	(4)
	News	Analyst	FERR	SYNCH
DCGt	−0.068	0.100	−0.607	0.007
	(0.047)	(0.028)	(0.211)	(0.007)
Controls, Year, Ind	Yes	Yes	Yes	Yes
Obs	4563	10986	10953	10765
Adj-R^2	0.572	0.172	0.046	0.332