Zhang, Hongpan; Zhao, Jiayue - In: China journal of accounting research : CJAR 16 (2023) 4, pp. 1-27
This study employs the Mainland-Hong Kong Stock Connect pilot program in China to investigate the influence of stock market liberalization on firm-level financial reporting quality (FRQ). First, through a staggered difference-in-difference specification strategy, we find that eligible firms...