We examine reforms in China’s imperial examination system during the Northern Song dynasty that anonymized exam submissions and ended local officials’ discretion to recommend candidates.
We empirically study the role of the decentralized cryptocurrency exchange (DEX) in affecting cryptocurrency trading.
We examine the role of borrowers’ digital footprints in debt collection.
Utilizing the Chinese bond market’s unique features, particularly a third-party rating agency, we investigate the regulatory suspension of Dagong Rating by Chinese regulators and its market impact.
We propose an innovative method to assess borrowers’ creditworthiness in consumer credit markets by conducting machine-learning-based analyses on real-time video information that records borrowers’ behavior during the loan application process.
We find that local religious social norms mitigate professional misconduct by financial advisors.
We explore the impact of overlapping institutional ownership (OIO) within supply chains on the earnings management practices of supplier firms.
We study the relationship between a CEO’s individualistic cultural background and corporate innovation.
We extend existing research on political connections to test their role in facilitating or hindering the transition to low-carbon energy in China.
We investigate whether and how federal judge ideology affects firm-specific stock price crash risk.
We examine the impact of market related events and investor base on the spread of Bitcoin prices between two exchange platforms.
This paper explores the effect of the presence of powerful CEOs on the quality of their workplace.
We investigate the role of culturally diverse board of directors on firm outcomes in China.
We used robust skewness measures to revisit a recent theory that the average asymmetry can negatively predict future market returns.
We exploit a property law enactment to study the impact of property rights protection on M&As.
This paper provides a general equilibrium approach to pricing volatility.
We propose and construct a direct measure of investors’ divergence of opinion based on auction bids data from private placements in China.
This paper investigates the driving factors behind the transition to a low carbon economy.
We examine the wealth effects associated with the announcement of the Australian Carbon Pricing Scheme.
This study investigates the net effect of a politically connected board for a firm.
We review scholarly accounting and finance research pertaining to the Chinese capital market in Mainland China published in Tier 1 and Asia-Pacific regional journals during the 1999–2018 period.
As a response to the 2015 Chinese stock market crash, regulators prohibited arbitrage activities in the index futures and cash markets. We use this natural experiment to test the hypothesis that liquidity and pricing efficiency causally affect each other.
We examine the effect of CEO pensions and deferred compensation (inside debt) on investment-cash flow sensitivity.