Ye, Yunlong; Hong, Hong; Wu, Dingwen; Sun, Tong - In: China journal of accounting studies 12 (2024) 1, pp. 71-105
, making it an ideal research setting to analyze IPO companies' growth manipulation and its economic impacts. Using data from … 2019 to 2021, our study employs non-parametric methods to reveal significant growth manipulation among STAR Market … companies during IPOs. We observe that manipulation intensifies across categorical listing criteria I to V, particularly among …