Yao, Youfu; Xue, Shuang; Sun, Tong - In: China journal of accounting studies 8 (2020) 4, pp. 528-555
to 2018 as our samples, this paper investigates the impact of comment letters on companies’ R&D manipulation. Our … empirical results show that R&D-related comment letters can effectively reduce companies’ R&D manipulation. Further tests show … that the more timely the comment letters and responses letters, or the stronger the intensity of comment letters, the …