Bio-E10 is short for the biofuel made up of 90% gasoline in volume and 10% bio-ethanol, which is the ethanol made from commercially-grown crops such as corn and wheat by the sugar fermentation process. In China, bio-E10 will be supplied nationwide from 2020 as an alternative to conventional...

This paper studies the convergence problem of progressive Gaussian approximation filters (PGAFs). The convergence analysis of the PGAF is presented based on the Lyapunov method. It is proved that the estimation error is bounded when the convergence conditions hold. Based on the convergence...

Exploiting the staggered establishment of public data open platforms (PDOPs) across different cities of China, we study whether and how improved public data availability affects firms’ stock price crash risk (SPCR). We find that the establishment of PDOPs significantly decrease local firms’...

Using manually collected firm-level data on foreign subsidiaries, we examine the impact of internationalisation on analysts’ earnings forecast bias in Chinese multinational corporations. We find that analysts’ earnings forecast bias is stronger among multi-national firms when compared with...

We examine auditor responses to the voluntary resignation of independent directors. We show that auditors respond by increasing audit fees or rescinding engagement with their clients, but not by increasing their audit effort. Mechanism tests reveal that independent directors' voluntary...

The purpose of this study is to examine the impact of social relations among the board members on earnings management in Pakistani listed companies. Specifically, we have analyzed the social networks between CEO and outside board members. The modified Jones model has been used in this study to...

Based on the survey data of 150 peasant households in typical Karst mountainous area in the year 2009, causations, characteristics and influence factors of the concurrent-business behavior of peasant households during planting structure adjustment are analyzed. Result shows that there is...