China Finance Review International: Volume 9 Issue 1

Corporate finance in China

Dongming Kong, Qingquan Xin

A survey of reverse mergers in the Chinese stock market

Qingquan Xin, Ruitao Li, Sonia Wong

The purpose of this paper is to provide an introduction to the reverse mergers (RMs) conducted in the Chinese stock market by summarizing the regulatory system, surveying the…

Earnings management and institutional investor trading prior to earnings announcements

Shasha Liu

The purpose of this paper is to investigate if earnings management affects the trades of different investors prior to earnings announcements.

Taking your company global: the effect of returnee managers on overseas customers

Yunhao Dai

The purpose of this paper is to empirically examine the effect of returnee managers on Chinese firms’ performances at overseas markets.

Minority shareholder participation and earnings management: A test of catering theory

Dongming Kong

The purpose of this paper is to test a catering theory by examining impacts of minority shareholders’ pressures on earnings management (EM), and attempt to answer: what is the…

Market or government: who plays a decisive role in R&D resource allocation?

Shoufu Xu, Xuehui He, Longbing Xu

The purpose of this paper is to empirically investigate the impact of equity market valuation and government intervention on the research and development (R&D) investments of…

Housing price and enterprise financing: does mortgage effect exist?

Shujing Li, Nan Gao

The purpose of this paper is to explore the influence of the rise in housing prices on enterprise financing and also the sustainability and heterogeneity of this effect.