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Open access Sep 2026

Does the Establishment of a Personal Data Protection System Reduce Stock Price Synchronicity?

Using panel data on Chinese A‐share listed firms from 2016 to 2023, we investigate whether the establishment of a personal data protection system (PDPS) influences stock price synchronicity. We propose a precision‐cost trade‐off framework: PDPS may raise synchronicity by increasing compliance costs or lower it by imp...

Wan-Yi Chen, Ying Wang, Hao Ren · 0 citations

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