Similar Search Results

Do Chinese Listed Firms Actively Alter the Design of Pay-Performance Sensitivity Following Financial Restatements?

Ma, Chen - 2015

The high sensitivity of management compensation to accounting performance could be an important driver of financial restatement, due to strong management incentives to manipulate earnings. This paper examines whether restating firms rearrange management's annual compensation following...

Persistent link: https://www.econbiz.de/10013029878

Legal Liability, Government Intervention, and Auditor Behaviour : Evidence from Structural Reform of Audit Firms in China

He, Ku - 2015

This paper investigates how legal liability influences audit quality and audit fees, particularly in the presence of government intervention. Since 2010, all Chinese audit firms were required to transform from a structure of limited liability company (LLC) to limited liability partnership (LLP),...

Persistent link: https://www.econbiz.de/10013033426

Comparing the Financial Reporting Quality of Chinese and U.S. Public Firms

Brown, Kareen - 2018

the Chinese firms listed in China and whether Chinese firms have exhibited lower financial reporting quality than their U … effect of U.S. actions against reverse mergers on Chinese stocks listed in China. Overall results do not support the …

Persistent link: https://www.econbiz.de/10012912803

Research on Impact of Financial Restatement on Firm Value in Chinese Listed Firms

Ma, Chen - 2011

We examine the association between financial restatement and firm value, based on a sample of firms that restated financial statement in Chinese listed firms between January 2005 and December 2009. Using Tobin's Q as a proxy for firm value in the end of restatement year, we find firm value in...

Persistent link: https://www.econbiz.de/10013123402

Financial Reporting Quality of ESG Firms Listed in China

Abeysekera, Indra; Li, Feng; Lu, Yingjun - 2023

unpredictable business outlooks. The study randomly selected 100 firms from the 2021 China ESG Top 500 Outstanding Enterprises … had an accrual quality, board size, China, earnings management, ESG, earnings smoothness, female directors, financial … first study to contribute to understanding the financial reporting quality of ESG firms listed in China …

Persistent link: https://www.econbiz.de/10014353563

The volatility of return revisions and financial statement literacy in emerging markets : the case of cross-listed Chinese firms

Callen, Jeffrey L.; Lai, Karen; Wei, Steven X. - 2016

Are foreign investors in emerging markets more financial statement literate than domestic investors? If so, this conjecture implies that foreign (domestic) investors are more likely to revise their return expectations to cash flow (discount rate) news. It also implies that cash flow news and...

Persistent link: https://www.econbiz.de/10011442813

The quality of financial reporting in China : an examination from an accounting restatement perspective

Wang, Xia; Wu, Min - In: China journal of accounting research : CJAR 4 (2011) 4, pp. 167-196

This study uses restatements to reveal the poor quality of past accounting information reported within China’s capital … market. We show that up to a quarter of listed firms in mainland China explicitly admitted the poor quality of their … merely low relative to the mature US market. These findings demonstrate that accounting credibility in China has low value …

Persistent link: https://www.econbiz.de/10011823764

Cooking the Books : Recipes and Costs of Falsified Financial Statements in China

Rui, Oliver Meng - 2010

We examine the causes and consequences of falsified financial statements in China. Using bivariate probit regression …

Persistent link: https://www.econbiz.de/10013136095

Chinese Accounting Restatement and the Timeliness of Annual Report

Ma, Chen - 2013

Chinese accounting restatements are mainly disclosed in companies' annual reports due to unique Chinese institutional background and regulatory setting. Using manually collected data of 1050 accounting restatements from 2003 to 2011, we study the association between Chinese accounting...

Persistent link: https://www.econbiz.de/10013083891

A New Chinese Financial Sentiment Dictionary for Textual Analysis in Accounting and Finance

Bian, Shibo - 2019

Using a multi-stage filtering procedure based on both algorithms and human judgement, we develop a Chinese Financial Sentiment Dictionary (CFSD) with the hope to help advance textual analysis of Chinese documents in accounting and finance. There are 1,489 negative words and 1,108 positive words...

Persistent link: https://www.econbiz.de/10012863741