Based on externalities in the allocation of interprovincial resources, we examine how geographic location affects firms’ access to resources and thus their information disclosure and stock price crash risk. The results show that border firms have a higher stock price crash risk than non-border...

Purpose: Using a sample of listed Chinese companies that issued bonds from 2010 to 2019, the authors empirically test the link between CSR and corporate bond pricing, and the mechanism and channels behind this link. ...

This paper examines the link between adverse early-life experiences of CEOs and accounting policy choice, in particular whether a CEO's experience of the Great Chinese Famine impacts the accounting conservatism of his or her company. Our results show that companies whose CEOs had famine...

This paper intends to link CEOs' adverse early-life experiences to accounting policy choice, by investigating whether a CEO's Great Chinese Famine experience impacted on corporate accounting conservatism. Our results show that companies whose CEOs had famine experience in their early life used...