Open access
Aug 2026
Analyst Logical Inconsistency and Stock Price Crash Risk: Evidence from Large Language Models
This paper examines whether and how analyst logical inconsistency affects the stock price crash risk in China’s A-share market. The sample includes 3784 listed non-financial companies. The final sample comprises 12,460 firm-year observations from 2016 to 2023. Specifically, we employ the open source Qwen1.5-14B-Chat mo...
Ying-Ge Ma, Hu Zhang, Zihuan Gao
· International Journal of Fin... · 0 citations