This study is supported by National Natural Science Foundation of China(No.71272150);National Social Science Foundation of China(No.15AZD012);Social Science Research Fund of Inner Mongolia Autonom ous Region in China(2017NDC145).
This study investigates the effect of voluntary disclosures on lending decisions in the repeated game.Using a unique dataset from a peer-to-peer lending platform,"ppdai" (poipaidai),we document that voluntary disclosu...
National Natural Science Foundation of China(No.71272150,and No.71602005);Key Projects of the National Social Science Research Fund of China(No.15AZD012);Humanities and Social Sciences Fund of the Ministry of Education(No.15YJC630164).
This paper examines whether the announcement of an employee stock ownership plan(ESOP)affects stock price crash risk and the mechanism by which the ESOP may influence crash risk,using a sample of Chinese A-share firms...