Capital-markets based accounting research in China has a relatively short history; the two principal stock exchanges in Shanghai and Shenzhen have operated for less than 20 years. Recent accounting research has tended to adopt techniques, research designs and even topics that were developed in...

We examine the impact of family-based human capital stemming from a chairperson’s having siblings vis-à-vis not having siblings on corporate innovation in Chinese family firms. Using hand-collected data, we document that when a firm has a sibling-chairperson, it holds more patents, receives...

Current studies highlight asymmetric asset pricing in different environmental states. By dividing China's aggregate consumption into two specific sets, we ferret out two heterogeneous consumption volatilities, where the one positively mirrors good times and optimistic sentiment, and the other...