Zobrazeno 1 - 10
of 46
pro vyhledávání: '"Nianhang Xu"'
Publikováno v:
Review of Finance. 27:739-762
We study how firms build relations with local governments in emerging markets without established rules of political lobbying. We document that following a turnover of the Party Secretary or mayor of a city in China, firms (especially privately owned
The power of the market over government officials: Evidence from an anticorruption campaign in China
Publikováno v:
Financial Management. 51:995-1030
Publikováno v:
Accounting & Finance. Dec2020, Vol. 60 Issue 5, p4693-4722. 30p.
Publikováno v:
Journal of Financial Economics. 139:971-984
We document a negative relation between air pollution during corporate site visits by investment analysts and subsequent earnings forecasts. After accounting for analyst, weather, and firm characteristics, an extreme worsening of air quality from “
Publikováno v:
Management Science. 66:4455-4476
This paper explores the relation between air pollution and trading performance of stock investors. Using a sample of trades by over 100,000 investors from 28 cities in China, we find a negative relation between air pollution and trade performance. Ou
Publikováno v:
Accounting & Finance. 60:4693-4722
We analyse the impact of mandatory audit partner rotation (MAPR) on negative information hoarding about audit clients using a sample of Chinese firms. Our findings suggest that the outgoing audit partners hoard negative information in pre‐MAPR, as
Publikováno v:
Contemporary Accounting Research. 37:1044-1072
China's split‐share reform of 2005 (the Reform) converts the previously restricted shares held by founding shareholders to shares tradable on the open market. Against this backdrop, we study how underwriter‐affiliated analysts and firms' large sh
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.