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China's markets gained 3.86% around December 4, 2012, when the Party announced anti-corruption reforms. State … liberalized provinces, especially those with high past ETC. These findings support investors' expect reduced official corruption …
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represents about 80% of all public companies in China. Our findings suggest that voluntary disclosure in China is positively … extensive disclosure benefits public companies in China in the form of a lower cost of equity. …
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In recent years, stock pledge financing has prevailed in China. Individual shareholders’ stock-pledge announcements …
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Since anecdotal evidence indicates that corruption is rampant in the defence sector globally, we examine the drivers of … firm level corruption risk in the defence industry. Our empirical results indicate that visibility and shareholding are … significant drivers affecting a firm's corruption risk. Large firms and listed firms have lower corruption risk, other things …
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