Using a sample of 117 Chinese listed companies with a total of 540 firm-year observations during the important period of regulatory change and organizational reform between 2001 and 2005, this study aims to investigate whether Type I tunneling is affected by the internal governance mechanisms...

Using XBRL as a quasi-natural experiment, we examine whether the mandated improvement on financial information presentation attenuates the profitability of insiders' trades. We provide unique insights on how insiders profit from publicly available information. We find that XBRL adoption...

This study examines the impacts of mandatory adoption of International Financial Reporting Standards (IFRS) and corporate governance on accounting accruals in the UK and Germany. There has been a long debate on whether mandating a single set of high quality accounting standards, i.e. IFRS, leads...

This study is motivated by the research gap concerning cash dividend payouts in China. To fill this gap, we explore the impact of overpaid dividends on future stock price crash risk. We use a dataset of 2,662 firms with 15,416 firm-year observations of China’s A-share listed firms for the...

We examine the impact of voluntary customer information disclosure by Chinese-listed companies on their financing constraints from the perspective of information transparency. The results show that voluntary disclosure can alleviate financing constraints, and the effect is pronounced when...