Western capitalist ideas brought in by China's economic reforms may be undermining the place of traditional Confucian values in China's business dealings. This article examines whether the traditional folk wisdom and mores handed down in Chinese families have any effect on ethical decisions and...

We employ a sample of 3,177 events from Hong Kong industrial firms during the 1993–1999 period to examine insider trading activities around earnings and dividends announcements. By controlling for earnings management, special dividends, and other firm level financial indicators, we find that...