A5030329114- Corporate Finance and Governance
- Auditing, Earnings Management, Governance
- Corporate Social Responsibility Reporting
- Corporate Taxation and Avoidance
- Financial Reporting and Valuation Research
- Islamic Finance and Banking Studies
- Environmental Sustainability in Business
- Banking Systems and Strategies
- Banking stability, regulation, efficiency
- Financial Markets and Investment Strategies
- COVID-19 Pandemic Impacts
- Taxation and Compliance Studies
Xiamen University
2016-2023
Purpose This study aims to investigate the bright and dark sides of environmental, social governance (ESG) during COVID-19 pandemic, including both outbreak recovery periods, for Chinese hospitality industry. Design/methodology/approach Using panel data 564 firm-quarter observations from 2018 2020, authors adopt fixed-effects regression estimation with standard errors clustered at firm level. To address potential endogeneity concerns, also use two-stage least squares estimator instrumental...
Recent post-SOX studies have consistently found that the presence of audit committee (AC) directors with multiple directorships is associated lower financial reporting quality. An implicit assumption these AC distribute their effort equally across all directorships. Using a firm size-based proxy and risk-based (i.e. probabilities litigation misstatements) proxies to measure relative directorship importance, we investigate (1) whether how who serve on allocate different unequally, (2) unequal...
ABSTRACT We examine the association between CEO severance pay (i.e., payment a would receive if s/he is involuntarily terminated) and corporate tax planning activities. find that positively associated with planning, consistent providing contractual protection against managers' career concerns thereby inducing otherwise risk-averse managers to engage in incremental levels of planning. This result holds under an instrumental variable approach propensity score matching, survives alternative...
This paper examines whether bank diversification strategy enhances market power and how foreign ownership affects this relationship. Using data from Chinese commercial banks for the period 2007–2018, we find that has a positive impact on reinforces effect. Results hold income, non-interest income asset strategies.
We examine the association between CEO severance pay (i.e., payment a would receive if s/he is involuntarily terminated) and corporate tax planning activities. find that positively associated with planning, consistent providing contractual protection against managers' career concerns thereby inducing otherwise risk-averse managers to engage in incremental levels of planning. This result holds under an instrumental variable approach propensity score matching, survives alternative measures...