Institutional investors and earnings management associated with controlling shareholders' promises: Evidence from the split share structure reform in China
We examine the effectiveness of institutional investors in constraining aggressive earnings
management induced by strong contractual incentives. To this end we focus on the …
management induced by strong contractual incentives. To this end we focus on the …
Corporate social responsibility reporting and investment: Evidence from mergers and acquisitions
While corporate social responsibility (CSR) has played an increasingly important role in
corporate decision‐making, the role of CSR disclosure in a firm's investment activities …
corporate decision‐making, the role of CSR disclosure in a firm's investment activities …
Firms' digital transformation and management earnings forecasts: Evidence from China
This paper examines the impact of firms' digital transformation on management earnings
forecasts with a sample of Chinese firms. Using a deep learning model and textual analysis …
forecasts with a sample of Chinese firms. Using a deep learning model and textual analysis …
Conditional mandates on management earnings forecasts: The impact on the cost of debt
Exploiting a unique conditional disclosure mandate on management earnings forecasts
(MEFs) in China, we examine the differential effects of voluntary and mandatory MEFs on the …
(MEFs) in China, we examine the differential effects of voluntary and mandatory MEFs on the …
Corporate Governance Reforms and Analyst Forecasts: International Evidence
In this study, we examine the effect of worldwide corporate governance reforms on analyst
forecasts using data on firms from 41 countries that have implemented such reforms …
forecasts using data on firms from 41 countries that have implemented such reforms …
Does the market value the green credit performance of banks? Evidence from bank loan announcements
Despite the key role played by banks in shifting the global economy toward sustainable
development, little is known about how the integration of environmental considerations into …
development, little is known about how the integration of environmental considerations into …
Does the market reward meeting or beating analyst earnings forecasts? Empirical evidence from China
Purpose Using a sample of 9,898 firm-year observations from 1,821 unique Chinese listed
firms over the period from 2004 to 2019, this study aims to investigate whether the market …
firms over the period from 2004 to 2019, this study aims to investigate whether the market …
Time distance and mutual fund holding horizon: Evidence from a quasi‐natural experiment setting of high‐speed railway opening
X Chen, Q Liu, L Tian, J Wang, J Xie - Accounting & Finance, 2024 - Wiley Online Library
Using a quasi‐natural experiment, we investigate whether the opening of high‐speed
railways affects mutual fund holdings. Applying the difference‐in‐difference method, we find …
railways affects mutual fund holdings. Applying the difference‐in‐difference method, we find …