Previous literature studies analysts' earnings forecasts without considering firms' response to analysts' forecasts. This study improves upon previous research by considering firms' earnings management with respect to analysts' forecasts. I hypothesize that analysts understand these earnings...

We examine the performance and compensation implications of firms' decisions to combine the roles of CEO and board chairman (duality). We document that firms that split the CEO and chairman positions due to investor pressure have significantly lower announcement returns and subsequent...

This paper investigates the causal links between stock market performance and consumption for five Asian economies by applying the bound tests of Pesaran et al. and lag augmented VAR of Toda and Yamamoto . We find two-way causal relationships between stock market performance and consumption in...

Despite increasing interest in the relationship between trade and macroeconomic performance in development economics, very limited studies have been conducted on the causal links between exports and productivity growth in Asian economies. This paper examines empirically the interplay between...

Despite the phenomenal development in stock markets in China, there is little research on the linkage between stock prices and economic growth in Greater China: mainland China, Hong Kong and Taiwan. This article represents a step towards systematically investigating the relationship between...

Drawing on multiple case studies of Chinese highly skilled migrants working in the UK, we adopt an integrated approach that combines the contextualized explanation and processual approach to examine the role of individuals with a bilingual–bicultural background in the process of inter-firm...

Using panel data analysis for a sample of Chinese high-technology industries from 1998 to 2008, this study examines how industry characteristics affect industry innovation activities. Differing from existing studies, our research considers the impact of foreign competition on innovation...