the financial support from the National Natural Science Foundation of China(No.71802078);the Fundamental Funds for the Central Universities(No.531107051035).
Short selling may accelerate stock price adjustment to negative news.However,the literature provides mixed evidence for this prediction.Using short-sale refinancing and a staggered difference-in-differences(DID)model,...
financial support for this research from the China National Natural Science Foundation (Project Nos.70872116 and 70972075);Chinese Ministry of Education Project for Humanities and Social Sciences (Project No.12YJC630112);China Postdoctoral Science Foundation (Project No.2012M511873);Young Teachers Starting Plan of Sun Yat-Sen University (Project No.3281401)
Misappropriation has become the accepted explanation for the refinancing behavior of Chinese listed companies, although the evidence in support of such an explanation is worthy of further discussion. We argue that if ...
supported by the National Social Science Foundation(08CJY2009);the National Nature Science Foundation of China(70732002 and 70602011);the International Accounting PHD Program(IAPHD)scheme of Nanjing University for its support;the Accounting and Finance Research Institute of the Shanghai University of Finance and the Center for Economic Transformation and Development;the Study of Economic Growth and Structural Transformation;the 985 plan topics of Nanjing University,the New Century Excellent Talents Project;the First Scholarship Award for Excellent Doctoral Students of the Education Ministry for their support
Regulatory agencies may,whether outside of set rules or within their discretion,depart from the original goals or principles set for enforcing the rules,which we term selective enforcement.Taking China,a country in tr...