We examine the role of reported accounting information (e.g., earnings and book values) relative to analysts' earnings forecasts to determine what information is most relevant for explaining market value conditional on a firm's life cycle stage. Using the life cycle measure developed in...

China has gradually established pilot free trade zones and implemented certain specific policies for its enterprises to deepen the economic system reform and expand the degree of market opening to the outside world. The establishment of a Free Trade Area exerts spillover effects and positive...

In this paper, we discuss the problems about the statistical data of sectoral labor forces in China and recalculate the agricultural labor forces with a robust method. The core issue is to take the rural migrant workers into consideration and to exclude the size of rural migrant workers who come...