Showing 1 - 10 of 4,960
Research Question- What is the impact of domestic and international uncertainty shocks on the relationship between book value, earnings, and stock price? Motivation- We refer to the prior research on the value relevance of accounting information (Dunham & Grandstaff, 2021) which offers valuable...
Persistent link: https://www.econbiz.de/10015196184
We show that investors acquire more public information about firms to which they are more socially proximate. On average, a standard deviation increase in the Social Connectedness Index (Bailey et al., 2018) between a firm's headquarter county and a searcher county is associated with 30% more...
Persistent link: https://www.econbiz.de/10014528308
Recently, Chinese firms have become more active in attempting to go public on the Frankfurt Stock Exchange (FWB). This paper uses multivaria te probit analysis to test the motivations of Chinese firms to list on the FWB. In general, Chinese firms are driven by the following motivations. Firstly,...
Persistent link: https://www.econbiz.de/10010435416
firms' voluntary disclosure. We show that the increase in the issuance of management forecasts after IFRS adoption is …
Persistent link: https://www.econbiz.de/10012621016
There is currently considerable interest in the topic of internal audit and its contribution to exact management of any …
Persistent link: https://www.econbiz.de/10010289388
incentives to learn efficient behavior, i.e. fund managers. We split this group into endorsers and non-endorsers of behavioral …
Persistent link: https://www.econbiz.de/10010264942
The Chinese stock market features an interesting history of divided market segments: domestic (A), foreigners' (B) and overseas (H). This puts forth questions of market integration as well as cross-divisional information transmission. We address these issues in a structural DCC framework, an...
Persistent link: https://www.econbiz.de/10010263757
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but that there...
Persistent link: https://www.econbiz.de/10010332273
This paper analyses the financial distortions – growth nexus in China using a tractable general equilibrium modelling … key policy challenge in China in the years to come. Publication …
Persistent link: https://www.econbiz.de/10012148746
In this paper we discuss the potential for commercial microfinance in China. Particular emphasis is put on … securitization of microloans and on structured microfinance in a China context. Three particular factors that we believe could … side, structured microfinance could be an important tool for fighting unemployment in China. It could also be used to …
Persistent link: https://www.econbiz.de/10013208521