Introduction -- The institutional structure, state and state-owned financial institutional arrangements -- Monetization and financial control by the state -- Financial support to the gradual reform -- The model of money demand during transition -- Transitional arrangements of the financial...

Purpose: This study investigates whether listed firms using equity incentive plans (EIPs) adopt more conservative accounting in China's unique corporate setting. Design/methodology/approach: Based on a sample of 2,243 listed firms and 9,950 firm-year observations for the period of 2008–2017,...