Xiuli, Zhu; Li, Lianjun; Xue, Yunkui - In: China journal of accounting research : CJAR 5 (2012) 3, pp. 217-229
This paper investigates credit allocation before and after the 2003 banking system reform in China. We find that relationships between earnings quality and new short-term loans, long-term loans and total loans in listed companies changed significantly after the banking system reform, especially...