, accounting rules, legislation, and the general political climate. A major theme of this study is that government intervention has …

mitigated by the exercise price regulation of China. Design/methodology/approach – Using a sample of 132 ESO reports between … 2006 and 2010 in China, the authors explore whether the regulation takes effect by examining stock price movements and … companies' information disclosures around the report dates. Findings – Consistent with the conjecture that the regulation could …

mitigated by the exercise price regulation of China. Design/methodology/approach – Using a sample of 132 ESO reports between … 2006 and 2010 in China, the authors explore whether the regulation takes effect by examining stock price movements and … companies' information disclosures around the report dates. Findings – Consistent with the conjecture that the regulation could …

This paper argues that current widespread characterizations of EU governance as multi-level and networked overlook the …