This paper studies the price implication of media censorship in the context of the long-standing foreign share discount puzzle in China. We conjecture that the government censors negative news and promotes positive news in Chinese media, leading to the premium on A-shares, which are mainly...

We use search volume index (SVI) for a CEO's name and stock ticker from Google Trends to measure CEO publicity, and examine the competing hypotheses on its relation to tax avoidance. On the one hand, CEOs who receive more attention from retail investors may engage in tax evasion activities to...

Prior research documents that non-financial firms resort to more real activities management when their ability to manage accruals is constrained by specialist auditors (e.g., Chi et al. 2011; Burnett et al. 2012). Within the context of banks' real activities management through repurchase agreements...

In this study, we investigate the effect of the protection of trade secrets through the adoption of the inevitable disclosure doctrine (IDD) by US state courts on corporate tax avoidance. We suggest a positive impact of IDD adoption on tax avoidance because IDD adoption reduces information...

In the face of political pressure in 2009, the FASB relaxed fair value rules to give managers more discretion in measurement of fair value. Supporters argued that the accounting regulatory change would help convey managers' private information on the measurement of fair values, while critics of...

We use Google search volume index for a CEO’s name and stock ticker to measure CEO publicity, and examine the competing hypotheses on its effect on the tax behavior: On the one hand, CEOs who receive higher attention from the retail investors are motivated to engage in tax avoidance activities...

Catalytic conversion of syngas (CO+H 2 ) to higher alcohols is desirable, but a high C 2+ OH selectivity is challenging to achieve due to the difficult equilibrium between dissociatively adsorbed CO and non-dissociatively adsorbed CO. In this work, Ca 1-x La x Ti 1-x Co x O 3 catalysts are...

Since its inception as the cornerstone of the ultrafast pulse laser, semiconductor saturable absorber mirrors (SESAMs) have attracted considerable interest as the kernel of an ultrafast fiber laser system. Meanwhile, low-dimensional (LD) materials based saturable absorbers (SAs) are gaining...

Since its inception as the cornerstone of the ultrafast pulse laser, semiconductor saturable absorber mirrors (SESAMs) have attracted considerable interest as the kernel of an ultrafast fiber laser system. Meanwhile, low-dimensional (LD) materials based saturable absorbers (SAs) are gaining...