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...