China Accounting and Finance Review , Open Access

Decoding the impact of political uncertainty on IPO underpricing in China

Yamin Xie, Zhichao Li, Wenjing Ouyang, Hongxia Wang

Political factors play a crucial role in China's initial public offering (IPO) market due to its distinctive institutional context (i.e. “economic decentralization” and “political…

Is “Collaborative Governance” or “Competitive Collusion” the effect of cross-ownership on corporate innovation

Lijuan Yang, Lijuan Xiao, Lingyun Xiong, Jinjin Wang, Min Bai

Using Chinese A-share listed firms between 2007 and 2020 with 21,380 observations, we aim to examine the impact of cross-ownership on firms’ innovation output and explore the…

Capital market liberalization and corporate debt maturity structure: evidence from the Shanghai-Shenzhen-Hong Kong Stock connect

Jun Huang, Haijie Mo, Tianshu Zhang

This paper takes the Shanghai-Shenzhen-Hong Kong Stock Connect as a quasi-natural experiment and investigates the impact of capital market liberalization on the corporate debt…

The value-relevance of gains on bargain purchase: do actions speak louder than words?

Wessel M. Badenhorst

This paper investigates whether disclosure quality and a history of overpaying for acquisitions are associated with differences in the value-relevance of gains on bargain purchase…

Taxes under stress: bank stress tests and corporate tax planning

Bill B. Francis, Raffi E. García, Jyothsna G. Harithsa

This paper aims to examine how bank stress tests affect bank tax planning.

Behind closed doors: unveiling earnings management in private subsidiaries of public firms

V.P. Priyesh, Lukose P.J. Jijo

This study examines the earnings quality of private-subsidiary firms using a large sample data from India.