This study takes advantage of the Forbes Rich List as an external shock to examine its effect on internal control quality in mainland China. Using the difference-in-differences (DiD) method for a large sample of 17,910 firm-year observations from 2000 to 2014, we find that firms controlled by...

Purpose Banks and financial services providers are increasingly delivering their services via electronic banking, also known as e-banking. Yet even though this type of delivery is now common, the degree of personalization in the services provided via this channel exhibit considerable variation....

This paper establishes a causal relationship between the quality of an institutional environment and the stated types of entrepreneurial activities in China. An event study on the influence of Forbes magazine's list of China's billionaires (the list) on the associated share prices is conducted....