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regression analysis. The CSR disclosure scores are collected from the HX database by way of Hexun.com, while financial data are … squares (GLS). The current evidence shows that CSR disclosure reduces information asymmetry. In addition, the findings … positively affects the relationship between CSR disclosure and information asymmetry. Since the sample is derived from large …
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The China Securities Regulatory Commission (CSRC) launched the Campaign for Strengthening Corporate Governance of Public Companies in 2007. As part of this pilot program, public firms were required to report to CSRC whether their boards had established audit committees and whether these audit...
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