This paper investigates the influence of different financing channels—bond issuance or bank loans—as well as debt maturity and the quality of financial reporting on the cost of debt in China. The authors find that conservative accounting is an important characteristic of high-quality...

Purpose – Due to the great distinctions for the legal environments, institutions and taxations, the restrictive external financing and costly financing cost, and great influence of macroeconomy or regulations on single industry, firms may change or adjust their organization structure to adapt...

Purpose – In recent decades, related party transactions have been assailed by scholars and regulation authorities since related parties of a listed company may “tunnel” its resources, damaging the interests of other stakeholders. One kind of “tunneling” is capital impropriation, which...

Purpose – China's securities market is growing gradually as well as the investors, analysts, intermediates and regulation authorities. Accounting earnings is a key determinant among the factors influencing stock prices, which even overreacts to earnings. Split‐stock reform (all‐circulation...

Contiene ademas con portada propia: Sketches of military costume in Spain and Portugal. Inteded as a supplement to the Rev. Mr. Bradford's sketches of country, costume, and character, in Portugal and Spain.- 8 p., 13 h de lám. col.

Contiene ademas con portada propia: Sketches of military costume in Spain and Portugal. Inteded as a supplement to the Rev. Mr. Bradford's sketches of country, costume, and character, in Portugal and Spain.- 8 p., 13 h. de lám. col.