Purpose: This paper aims to investigate the dynamics of repurchase-based earnings management vis-à-vis other real activities manipulations during the 2007–2008 financial crisis. Design/methodology/approach: This paper adopts a Probit model to regress alternate real earnings management (REM)...

Using panel data from 30 regions in China during the period 1999:01-2020:12, this paper evaluates the effects of national fundamentals affecting the movement of regional house prices by estimating a factor-augmented VAR model. We construct and examine a hypothesis that national fundamentals...

We investigate how state-owned corporate venture capital differs from privately owned corporate venture capital in fostering innovation among startups. Based on the data of Chinese A-share listed companies and the startups in their portfolios that they invested in between 2009 and 2018, we find...

Purpose: This paper aims to investigate whether single-name options trading prior to earnings announcements is more informative when there exist real activity manipulations. Design/methodology/approach: Using 5,419 earnings announcements during 2004–2018 made by 208 public US companies with...