Chen, Xiao; Lee, Chi-Wen Jevons; Li, Jing - In: Journal of Accounting and Public Policy 27 (2008) 3, pp. 262-274
As the socialist system in China embraces the market economy, it has created many conflicts of interests and collusion between firms and different layers of governments. The central government in China sets regulations to ensure the quality of firms listed in the capital market, while local...
