China Journal of Accounting Research最新文献_第9页

Supplier concentration and analyst forecast bias 供应商集中度和分析师预测偏差

IF 3.6

China Journal of Accounting Research Pub Date : 2023-12-01 Epub Date: 2023-09-15 DOI: 10.1016/j.cjar.2023.100326

Xiaotong Jia, Kai Wu

引用次数: 0

How do board features and auditor characteristics shape key audit matters disclosures? Evidence from emerging economies 董事会特征和审计师特征如何影响关键审计事项的披露?来自新兴经济体的证据

IF 3.6

China Journal of Accounting Research Pub Date : 2023-12-01 Epub Date: 2023-11-11 DOI: 10.1016/j.cjar.2023.100331

Md Mustafizur Rahaman , Md. Rezaul Karim

引用次数: 0

Partial portfolio disclosure, investors’ attention, and window dressing 部分投资组合披露、投资者关注和粉饰账面

IF 3.6

China Journal of Accounting Research Pub Date : 2023-12-01 Epub Date: 2023-09-25 DOI: 10.1016/j.cjar.2023.100330

Shujian Guo

引用次数: 0

Stock market liberalization and financial reporting quality 股票市场自由化与财务报告质量

IF 3.6

China Journal of Accounting Research Pub Date : 2023-12-01 Epub Date: 2023-09-26 DOI: 10.1016/j.cjar.2023.100328

Hongpan Zhang , Jiayue Zhao

{"title":"Stock market liberalization and financial reporting quality","authors":"Hongpan Zhang , Jiayue Zhao","doi":"10.1016/j.cjar.2023.100328","DOIUrl":"10.1016/j.cjar.2023.100328","url":null,"abstract":"<div><p>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 experience a significant improvement in FRQ, as measured by a composite proxy of accrual earnings management, real activities manipulation, and financial report restatement. Second, cross-sectional analyses suggest that the effect is stronger when firms are headquartered in regions with weaker institutional environments, characterized by lower judicial efficiency and less developed financial markets. We also show that the impact is more pronounced when firms face less external pressure and possess more effective corporate governance before stock market liberalization. Third, further evidence highlights that augmented FRQ is associated with a reduction in regulatory compliance costs, an improvement in stock price efficiency, and a mitigation of financing constraints. Collectively, we shed new light on the role of stock market liberalization in shaping firms’ financial reporting behavior.</p></div>","PeriodicalId":45688,"journal":{"name":"China Journal of Accounting Research","volume":"16 4","pages":"Article 100328"},"PeriodicalIF":3.6,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1755309123000382/pdfft?md5=ee14740852f90839b187f193c11f4809&pid=1-s2.0-S1755309123000382-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134915396","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

IPO suspension, financing uncertainty and corporate tax avoidance IPO暂停、融资不确定性与企业避税

IF 3.6

China Journal of Accounting Research Pub Date : 2023-12-01 Epub Date: 2023-09-16 DOI: 10.1016/j.cjar.2023.100329

Fei Lu , Songyan Yang

{"title":"IPO suspension, financing uncertainty and corporate tax avoidance","authors":"Fei Lu , Songyan Yang","doi":"10.1016/j.cjar.2023.100329","DOIUrl":"10.1016/j.cjar.2023.100329","url":null,"abstract":"<div><p>The acquisition of external financing is an important factor affecting the development of enterprises and even the economic growth of a country. However, changes in the external environment often expose enterprises to uncertainties in obtaining external financing. Taking China’s initial public offering (IPO) suspension policy as a setting, this paper examines the impact of the associated external financing uncertainty on firms. The empirical results show that firms that are unable to secure planned financing due to the IPO suspension policy engage in greater tax avoidance activities than successful IPOs during the IPO suspension period; this phenomenon is mainly concentrated in firms that are not state-owned, have no venture capital or private equity backing, have lower debt servicing capacity and have lower tax avoidance risk. Moreover, the tax avoidance activities of enterprises positively influence their fixed asset investment and innovation investment during the IPO suspension period. Evidence based on IPO price performance indicates that investors respond positively to firms’ tax avoidance practices during IPO suspensions.</p></div>","PeriodicalId":45688,"journal":{"name":"China Journal of Accounting Research","volume":"16 4","pages":"Article 100329"},"PeriodicalIF":3.6,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1755309123000394/pdfft?md5=56c3e8070af2ed285e4779a80ca67e55&pid=1-s2.0-S1755309123000394-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135349453","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

ESG in China: A review of practice and research, and future research avenues 中国的ESG:实践与研究回顾，以及未来的研究方向

IF 3.6

China Journal of Accounting Research Pub Date : 2023-12-01 Epub Date: 2023-09-12 DOI: 10.1016/j.cjar.2023.100325

Hongtao Shen , Honghui Lin , Wenqi Han , Huiying Wu

引用次数: 2

Repairing damaged reputations through targeted poverty alleviation: Evidence from private companies’ strategies to deal with negative media coverage 通过精准扶贫修复受损声誉：来自私营公司应对负面媒体报道策略的证据

IF 3.6

China Journal of Accounting Research Pub Date : 2023-09-01 Epub Date: 2023-05-30 DOI: 10.1016/j.cjar.2023.100306

Guochao Yang , Shuang Wei , Kejing Chen , Yingying Ren

{"title":"Repairing damaged reputations through targeted poverty alleviation: Evidence from private companies’ strategies to deal with negative media coverage","authors":"Guochao Yang , Shuang Wei , Kejing Chen , Yingying Ren","doi":"10.1016/j.cjar.2023.100306","DOIUrl":"https://doi.org/10.1016/j.cjar.2023.100306","url":null,"abstract":"<div><p>When negative media coverage causes reputational crises, companies must find suitable tools to repair their reputation and reverse their negative image. As a CSR activity with political- and livelihood-related implications, targeted poverty alleviation may be an effective tool. Using data on negative media coverage of Chinese A-share private listed companies, we examine whether companies engage in targeted poverty alleviation in response to reputational crises caused by negative media coverage. We find that negative media coverage leads private companies to engage more actively and intensively in targeted poverty alleviation because of the significant increase in public attention to the bad news. These companies must urgently rebuild their positive image using targeted poverty alleviation to resolve their public opinion crisis. Further analyses suggest that original and in-depth negative media coverage is more likely to cause companies’ active participation in targeted poverty alleviation. In addition, negative media coverage is more likely to lead companies to engage in targeted poverty alleviation when they are in heavily polluting industries or face greater pressure from external investors. Finally, we find that active involvement in targeted poverty alleviation helps companies improve their market reputation and thus effectively manage public relations crises caused by negative media coverage.</p></div>","PeriodicalId":45688,"journal":{"name":"China Journal of Accounting Research","volume":"16 3","pages":"Article 100306"},"PeriodicalIF":3.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193440","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Improving internal control quality as a corporate response to the Forbes Rich List 企业应对福布斯富豪榜，提高内部控制质量

IF 3.6

China Journal of Accounting Research Pub Date : 2023-09-01 Epub Date: 2023-08-04 DOI: 10.1016/j.cjar.2023.100317

Bei Luo , Zhimin Tian

引用次数: 0

Governance or reputation? Flexible tax enforcement and excess goodwill: Evidence from the taxpaying credit rating system in China 治理还是声誉?柔性税收执法与超额商誉:来自中国纳税信用评级制度的证据

IF 3.6

China Journal of Accounting Research Pub Date : 2023-09-01 Epub Date: 2023-07-31 DOI: 10.1016/j.cjar.2023.100316

Jingbo Luo, Chun Guo

引用次数: 0

Stakeholder demands and corporate social responsibility: Evidence from the Olympic Games 利益相关者需求与企业社会责任:来自奥运会的证据

IF 3.6

China Journal of Accounting Research Pub Date : 2023-09-01 Epub Date: 2023-04-28 DOI: 10.1016/j.cjar.2023.100307

Trung K. Do , Henry Hongren Huang , Liwei Shan , Albert Tsang , Li Yu

{"title":"Stakeholder demands and corporate social responsibility: Evidence from the Olympic Games","authors":"Trung K. Do , Henry Hongren Huang , Liwei Shan , Albert Tsang , Li Yu","doi":"10.1016/j.cjar.2023.100307","DOIUrl":"10.1016/j.cjar.2023.100307","url":null,"abstract":"<div><p>We propose that stakeholder demand can explain firms’ corporate social responsibility (CSR) activities and empirically test our proposition using 2002–2016 panel data from multiple countries. We select the Olympic Games as our experimental context and use a difference-in-differences design. We find that firms domiciled in countries that host the Olympic Games subsequently experience a significantly smaller increase in CSR commitment than firms in countries that unsuccessfully bid to host the Olympics. We also find that firms domiciled in cities that host the Olympic Games exhibit a significantly smaller increase in CSR than those domiciled in other cities in the same country. Additional tests indicate that firms in host countries with greater increases in the levels of happiness tend to experience an even smaller increase in CSR. Our findings are consistent with the stakeholder demand explanation, as stakeholders are less likely to require local firms to invest in CSR if utilities, such as those from environmental improvement, increase.</p><p>Running head: Olympic Games and CSR.</p></div>","PeriodicalId":45688,"journal":{"name":"China Journal of Accounting Research","volume":"16 3","pages":"Article 100307"},"PeriodicalIF":3.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44174859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1