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We study the ex ante stock market reactions to events leading up to China's convergence to International Financial Reporting Standards (IFRS). The literature consistently shows that the benefits of mandatory IFRS convergence are concentrated in countries with stronger legal enforcement and...
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We study the ex ante stock market reactions to events leading up to China's convergence to International Financial Reporting Standards (IFRS). The literature consistently shows that the benefits of mandatory IFRS convergence are concentrated in countries with stronger legal enforcement and...
Persistent link: https://www.econbiz.de/10012902381
This study focuses on Chinese B-share initial public offerings (IPOs) and investigates their initial returns, operating performance change before and after listing, and long-run market performance. (Chin Econ/NIAS-Han)
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