Zheng, Xiaojia; Yang, Yunfei; Shen, Yanyan - In: China journal of accounting research : CJAR 15 (2022) 3, pp. 1-23
Labor protection increases employees' stability and strengthens their monitoring role, improving firms' information environment and increasing analysts' earnings forecast accuracy. Using the implementation of China's Labor Contract Law as a quasi-natural experiment, we find that labor protection...