Lei, Qianhua - In: China journal of accounting research : CJAR 6 (2013) 4, pp. 287-300
This paper examines the relationship between accrual components and stock trading costs in China and finds that both … abnormal and normal accruals are associated with these costs. Moreover, negative accruals, both abnormal and normal, have a … greater influence on stock trading costs than positive accruals because of short-selling constraints in the Chinese stock …