Kim, Jeong-Bon; Yu, Zhongbo; Zhang, Hao - In: China Journal of Accounting Research 9 (2016) 2, pp. 83-114
The media in China has undergone extensive commercialization to become more market-driven over the last 35 years. Based … on a sample of over two million newspaper articles, this study investigates whether the media in China has an incremental … from random walk decreases. Our inter-regional analysis over thirty-one provinces/regions within China reveals that the …