Long Description: Figure 5: Firm Size and Crash Measure.

Figure 5: shows a trend of a decreasing crash indicator with firm size. A firm size category of 1 shows a crash measure of about 2.4, dropping drastically to just under measure 1 at firm size 2, continuing to drop to just under 0.5 at firm size 3. At that point, the decline is minimal, almost level, reaching just short of 0 for a firm size of 12.

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