emerging markets of China. Government ownership has significant and positive impacts on bid-ask spread during the period 1995 … consistent with recent studies on emerging markets including China, which indicate that firms with higher state ownership tend to …

Without making any distinction of the applicable accounting standards, this paper investigates, firstly, the value … relevance of accounting information from 1999 to 2012 in different segments of the Chinese stock market. This investigation … includes A-shares, prepared under Chinese Accounting Standards (CAS) for domestic firms; B-shares, prepared under either the …