The China Securities Regulatory Commission (CSRC) has randomly selected two audit firms each year to check their problems in management and internal control since 2016. Using the random inspections from 2016 to 2018, we construct a staggered DID model and find that the possibility of audit firms...

The sharing economy is a relatively recent phenomenon that aims to promote environmentally friendly practices. The sharing economy is characterized by the convergence of information, marketing and technology to create a new paradigm in which customers value access above ownership, allowing them...

Purpose The development of China's foreign exchange market and the reform of Chinese yuan (hereinafter “CNY”) exchange rate are closely linked with each other. Their respective journey through the past 70 years can both be divided into three historical periods; as follows: China's foreign...

As an important part of the national political system, government audits play a significant role in supervising and restricting enterprises. Since 2010, the National Audit Office of China has repeatedly disclosed the problems regarding enterprises' M&A to prevent the loss of state-owned assets....

Background Universal Health Coverage (UHC) is a central component of the Sustainable Development Goals, and integrated healthcare is recognized as a key pathway to achieving UHC. China's healthcare reform, aimed at real- izing the "Healthy China 2035" goal, faces challenges in ensuring the...

The property insurance industry grows fast in China and it is necessary to further investigate the profitability of the Chinese property insurance industry. This study investigates the evolution and determinants of the profitability of 53 Chinese property insurers during the year 2013-2017....

Background Many countries has introduced pro-competition policies in the delivery of healthcare to improve medi- cal quality, including China. With the increasing intensity of competition in China's healthcare market, there are rising concerns among policymakers about the impact of hospital...