The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their …-facilitating accounting information on the profit margins of individual products and (ii) whether they receive performance pay based on an …

accounting information post reform. Also, T&D reforms had negligible effects on cross-listed firms that act as our control group …. Further, for domestically listed firms without a domestic controlling shareholder, post-reform reported earnings did not drop …, while firm value increased significantly. For the domestically listed firms with a controlling shareholder, just the …