supported by the General Project of the National Social Science Fund,“Research on the Implementation Mechanism and Optimization Path of Multi-level Agricultural Insurance from the Perspective of Heterogeneity”(Project No.19BJY161);the Outstanding Youth Scientific Research Project of the Hunan Provincial Department of Education,“Measurement,Transmission,and Prevention of Systemic Financial Risks in the Context of Low-carbon Transition”(Project No.22B0649);the General Project of the Hunan Provincial Social Science Achievement Evaluation Committee,“Research on the Measurement and Early Warning of Systemic Financial Risks under the Impact of Low-carbon Transition”(Project No.XSP2023JJZ010).
Effective corporate governance and sound macroprudential policies are crucial to the stability and sustainable development of the banking sector in China.This paper uses panel data sets from 31 listed Chinese commerci...
support from the National Social Science Fund of China(No.21BJY079).
This study examines the impact of employee stock ownership plans(ESOPs)on stock-price informativeness in Chinese stock markets.Its findings indicate that firms implementing ESOPs experienced an average 11.89 percent i...
financial support from the National Natural Science Foundation of China(Grant No.71572160)
We examine whether reputable independent directors improve firm performance and governance quality in emerging markets,using data from China.Firms with such directors,measured as the number of directorships in other l...
supported by the National Natural Science Foundation of China(No.72072012,71672007,71972010 and 71972011);the National Social Science Fund of China(No.18BGL090)
Using hand-collected data on purchases of D&O insurance by Chinese listed firms for the period from 2008 to 2019,we empirically find that D&O insurance negatively associates with credit spreads.The negative relationsh...
funded by grants from the Natural Science Foundation of China(No.71772029);LiaoNing Revitalization Talents Program(No.XLYC2007052);Tax Accounting Research Center of Dongbei University of Finance and Economics
According to classic corporate governance theory,strengthening large shareholders’cash flow rights without changing their control rights should reduce expropriation incentives by better aligning their interests with ...
This study aims to determine the relationship between several factors of governance and the level of risk in 10 Tunisian banks during an analysis period of eight years.We propose an important empirical question and ex...
The study examined the relationship between corporate governance, bank performance and bank crisis in Nigeria. Corporate governance is the manner and ways in which the activities of an organisation are managed and con...
Ministry of Education Humanities and Social Science Youth Fund Project,China(No.12YJC630157);Shanghai University of Engineering Science,China(No.2012pg33)
By using the data collected from the years 2006 to 2012 of16 listed banks as samples,an empirical test was set up to analyze the impacts of corporate governance and government regulation towards bank stability. The re...
supported by the following projects including"Trading Bans Policy on Insider Trading:Policy Effectiveness and Economics Consequences" supported by NSFC (National Natural Science Foundation of China) (No. 71302059); "Research on Controlling Shareholder’s Trading Behavior and Regulation Implication" supported by Research Foundation for Young Teachers by Ministry of Education of China (No. 11YJC790313); "Research on Executive Trading Behavior and Regulation Implication" supported by Zhejiang Provincial Natural Science Foundation of China (No. LY12G02022)
This study systematically examines the ability of aggregate insider trading to predict future market returns in the Chinese A-share market. After controlling for the contrarian investment strategy, aggregate executive...
One of the main control mechanisms that shareholders have used to rein in rogue managers is compensation. Stock options play an important role in a typical managerial compensation package. In this paper, we discuss th...