Purpose: The purpose of this paper is to study the effect of second generation involvement on corporate innovation in Chinese family firms. Design/methodology/approach: Based on the manually collected sample of listed Chinese family firms from 2003 to 2014, the study empirically examines the...

Purpose – In recent decades, related party transactions have been assailed by scholars and regulation authorities since related parties of a listed company may “tunnel” its resources, damaging the interests of other stakeholders. One kind of “tunneling” is capital impropriation, which...

Purpose – China's securities market is growing gradually as well as the investors, analysts, intermediates and regulation authorities. Accounting earnings is a key determinant among the factors influencing stock prices, which even overreacts to earnings. Split‐stock reform (all‐circulation...