Abstract Article 18, paragraph 1, of Law of the People’s Republic of China on Enterprise Bankruptcy gives the bankruptcy trustee the right to rescind the performance of executory contract. It also stipulates the time limit and legal effect, but it does not further set standards and restrict...

Abstract We examine a legal contest in which only one litigant hires a delegate who expends his effort on behalf of the litigant. The delegation contract between the litigant and the delegate is either observable or unobservable. Comparing the equilibrium outcomes of the two legal contests, we...

Abstract This study investigates the impact of auditor specialization and listing status on earnings management in Vietnamese commercial banks. Discretionary loan loss provisions (LLP) is used as a proxy for earnings management. Based on a sample of 21 banks in the period 2008–2017, the...