Capital-markets based accounting research in China has a relatively short history; the two principal stock exchanges in Shanghai and Shenzhen have operated for less than 20 years. Recent accounting research has tended to adopt techniques, research designs and even topics that were developed in...

Retail investors are rising in prominence but have historically been granted little direct access to question corporate management relative to professionals like sell-side analysts and institutional investors. Because retail investors are relatively less sophisticated and can require...

To boost sustainable regional economic development, China has introduced urban agglomerations enlargement policy in recent years. Based on the panel data of 250 prefecture-level cities in China from 2002 to 2015, we first use Synthetic Control Methods to study the impact and possible mechanism...