Journal ArticleDOI
Implementation of IFRS in a regulated market
Yuan Ding,Xijia Su +1 more
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TLDR
Tang et al. as discussed by the authors provide a descriptive analysis of Chinese accounting's "bumpy road leading to internationalization" and provide direct evidence on the question of whether IFRS can work properly in markets that are disciplined mainly by regulators rather than market mechanisms.About:
This article is published in Journal of Accounting and Public Policy.The article was published on 2008-11-01. It has received 98 citations till now. The article focuses on the topics: Financial accounting & Mark-to-market accounting.read more
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China's Secondary Privatization: Perspectives from the Split-Share Structure Reform
TL;DR: The split-share structure reform as discussed by the authors granted legitimate trading rights to the state-owned shares of listed state owned enterprises (SOEs), opening up the gate to China's secondary privatization, but did not change their operating efficiency and corporate governance.
Journal ArticleDOI
China's Secondary Privatization: Perspectives from the Split-Share Structure Reform
TL;DR: The split-share structure reform as mentioned in this paper granted legitimate trading rights to the state owned shares of listed state-owned enterprises (SOEs), opening up the gate to China's secondary privatization, but did not change their operating efficiency and corporate governance.
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The impact of IFRS on accounting quality in a regulated market : an empirical study of China
TL;DR: In this article, the impact of International Financial Reporting Standards (IFRS) on accounting quality in a regulated market, China, where new substantially IFRS-convergent accounting standards became mandatory for listed firms in 2007, was examined for the period 2005 to 2008 with only firms mandated to follow the new standards.
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Adaptability to fair value accounting in an emerging economy
Songlan Peng,Kathryn Bewley +1 more
TL;DR: In this article, the feasibility and desirability of a major emerging economy adopting and implementing fair value accounting (FVA), as codified in the International Financial Reporting Standards (IFRS), by studying China's recent experience is examined.
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Earnings management, audit adjustments, and the financing of corporate acquisitions: Evidence from China
TL;DR: In this paper, the authors hypothesize that audits help to detect and correct such overstatements and test this using a difference-in-differences design, which compares audit adjustments to earnings for stockfinanced and cash-financed acquirers before versus after the acquisitions.
References
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Journal ArticleDOI
Corporate performance and CEO compensation in China
TL;DR: This article examined the compensation of CEOs in China's listed firms and found that firms that have a State agency as the major shareholder do not appear to use performance related pay, while firms with private blockholders or SOEs as their major shareholders relate the CEO's pay to increases in stockholders' wealth or increases in profitability.
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Corporate Governance in China: An Overview
TL;DR: The authors discusses Chinese corporate governance in this narrow sense, and attempts to explain some perplexing features of its discourse, laws, and institutions (abbreviated hereinafter as "corporate governance laws and institutions" or CGLI).
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Profitability Regulation, Earnings Management, and Modified Audit Opinions: Evidence from China
TL;DR: Li et al. as mentioned in this paper investigated the relationship between earnings management induced by profitability regulation and modified audit opinions (MAOs) using data from the Chinese stock market and found a significant association between receiving MAOs and reporting profits marginally above the target levels specified in stock de-listing and rights offering regulations.
Journal ArticleDOI
Corporate Governance in China: An Overview
TL;DR: The authors discusses Chinese corporate governance in this narrow sense and attempts to explain some perplexing features of its discourse, laws, and institutions (abbreviated hereinafter as ‘‘corporate governance laws and institutions’’ or CGLI).
Journal ArticleDOI
An Emerging Market's Reaction to Initial Modified Audit Opinions: Evidence from the Shanghai Stock Exchange*
TL;DR: In this article, the authors investigated the valuation effect of modified audit opinions (MAOs) on the emerging Chinese stock market and found a significantly negative association between MAOs and cumulative abnormal returns after controlling for effects of other concurrent announcements.
Related Papers (5)
International Accounting Standards and Accounting Quality
Do accounting standards matter? An exploratory analysis of earnings management before and after IFRS adoption
Thomas Jeanjean,Hervé Stolowy +1 more