The supervision of listed firms plays an important role in improving the quality of listed firms and the efficiency of resource allocation in the capital market. We study the effectiveness and realisation mechanisms of the indirect deterrence effects of regulatory punishments from the...

The selection and weighting of performance indicators are of vital importance for an effective compensation contract. We examine the effect of the reclassification of income statement items, caused by China’s new Accounting Standards for Business Enterprises (ASBE) in 2007 on the weight...

The increasing number of discretionary stock halts, has attracted the attention of regulatory authorities and scholars. They have also become a significant obstacle to the internationalization of China's capital market. This article systematically examines the impact of discretionary halts on...

Banking plays a crucial role as the most significant financial intermediary, and the effectiveness of its diversification strategy aimed at reducing individual bank systemic risk is a significant topic in both theory and practice. In this study, we investigate the impact of cross-industry loan...