Luo, Bei; Tian, Zhimin - In: China journal of accounting research : CJAR 16 (2023) 3, pp. 1-19
This study takes advantage of the Forbes Rich List as an external shock to examine its effect on internal control quality in mainland China. Using the difference-in-differences (DiD) method for a large sample of 17,910 firm-year observations from 2000 to 2014, we find that firms controlled by...
