Zhang, Xiaonong; Mahenthiran, Sakthi; He Huang, Henry - In: Nankai Business Review International 3 (2012) 2, pp. 108-127
Purpose – The purpose of this paper is to examine governance and earnings management implications of the delisting regulation in China, which designates firms with two consecutive losses as Special Treatment (ST) firms and delists such firms, should two more years of consecutive losses occur....