sponsored by the Shanghai Planning Office of Philosophy and Social Science(2020BGL026);the National Social Science Fund of China(14BGL194);the National Natural Science Foundation of China(71302166).
When human capital becomes the most important strategic capital,an entrepreneurial enterprise has to reform and innovate its corporate governance around human capital and its dynamism so as to acquire the capacity of ...
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...
This research is supported by National Natural Science Foundation of China (No. 71373010).
This paper examines the effects of ownership types on firms' R&D intensity and innovation performance, using a sample of 357,857 Chinese firms from 2005-2007. This study finds considerable divergence among Chinese d...
Ye thanks the National Natural Science Foundation of China for financial support (Grant No, 71072145 and 71132004). Yuan gratefully acknowledges the financial support from the Humanities and Social Science Research Project of the Ministry of Education of China (Grant No. 11YJC630270). Cheng thanks the National Natural Science Foundation of China for financial support (Grant No. 71272152). We appreciate the valuable comments and suggestion of the two anonymous referees, All remaining errors and omissions are our own.
This study investigates whether accounting firms match the experience level of individual auditors with the risk level of clients in order to control audit risk. We find that accounting firms tend to assign more exper...
This paper investigates mergers and acquisitions (M&A) in the context of firm ownership restructuring in China, via several theoretical lenses including organizational learning and population ecology theories. It h...
This research examines whether "the paradox of auditor reputation" exists in China's private debt market. Two types of hypotheses are developed to explain the "paradox" in terms of ownership differences. Our find...
Foreign direct investment (FDI) ownership decision is one of the most researched topics in the international business literature. However, little is known about the extent to which this knowledge can be applied to e...