This paper investigates whether the Chinese state-owned financial institutions’ (national team) bailouts in the crash of 2015, as a symbol of implicit government guarantees, were able to stabilize the market in the absence of any stock purchases (or sells) during the COVID-19 pandemic. By...

Purpose – This study aims to investigate the moderating effect of equity-based compensation on the sources of book-tax differences. The authors investigate whether equity-based compensation affects the association between book-tax differences and tax planning, and the association between...

The existed content authentication schemes based on digital watermark have some shortcomings. In order to solve the problems, a speech content authentication scheme based on high-capacity watermark embedding is proposed, and the high-capacity embedding method is discussed. Firstly, speech signal...

Purpose: The purpose of this paper is to examine how investor sentiment, proxied by Michigan consumer confidence index, affects the choice of defined benefit pension plan discount rates. Design/methodology/approach: The authors use multivariate analysis to test our hypotheses. The dependent...

Purpose – The purpose of this paper is to investigate two audit committee characteristics – independence and expertise of the audit committee – and the property‐liability insurers' financial reporting quality, which is proxied by loss reserve error. Design/methodology/approach – The...

Purpose This paper aims to examine whether firms retaining industry-specialist auditors receive better price and non-price terms for bank loans. Design/methodology/approach Based on a sample of companies retaining big N auditors during the 2000-2010 period, this paper constructed six proxies for...

Purpose – The purpose of this paper is to examine the relation between chief executive officer (CEO) compensation and firm performance proxied by efficiency estimated from data envelopment analysis (DEA) of the US property-liability (P&L) insurance industry. Design/methodology/approach –...

Purpose – The purpose of this paper is to examine the relation between chief executive officer (CEO) compensation and firm performance proxied by efficiency estimated from data envelopment analysis (DEA) of the US property‐liability (P&L) insurance industry. Design/methodology/approach –...