China Finance Review International: Volume 8 Issue 2

Capital market and corporate misbehaviour

Jia Liu, Yuliang Wu, Moshfique Uddin

Government governance, executive networks and corporate investment efficiency

Xin Jin, Junli Yu

Owing to the importance of the investment behavior in China, the purpose of this paper is to find the influence of executive network and government governance on investment…

Political connections and stock price crash risk: The role of intermediary information disclosure

Guoliu Hu, Yu Wang

The purpose of this paper is to research the impact of firms’ political connections on the stock price crash risk.

Equity financing constraints and R&D investments: evidence from an IPO suspension in China

Binxi Cui, Chaojun Yang

The purpose of this paper is to exploit the effect of equity financing constraints on the firm’s investment in research and development (R&D) by utilizing a quasi-experiment in…

Does index futures trading cause market fluctuations?

Shanshan Dong, Yun Feng

The purpose of this paper is to study the effect of different parts (predictable and impact) of different types of speculative behavior (intraday speculation, medium-term…

Investor recognition and stock returns: evidence from China

Hongquan Zhu, Lingling Jiang

Merton’s model of capital market equilibrium under incomplete information predicts that contemporaneous stock returns are positively related to investor recognition and that…

Determinants of bank’s profitability: role of poor asset quality in Asia

Nimesh Salike, Biao Ao

The purpose of this paper is to study the determinants of Asian banks’ profitability with particular focus on the role of asset quality. This concern has been particularly…