The fast growth of China's economy has brought it not only to the center of the global
economy but also to a transition point in its growth model, a transition from scale to …

We construct size and value factors in China. The size factor excludes the smallest 30% of
firms, which are companies valued significantly as potential shells in reverse mergers that …

The rise of China and fivefold growth of its stock market over the past decade have fueled a
growing literature on this market in financial economics. On the corporate side, researchers …

We identify a group of “suspicious” firms that use stock splits, perhaps along with other
activities, to artificially inflate their share prices. Following the initiation of suspicious splits …

We provide out-of-sample tests of the five-factor model introduced by Fama and French
(2015a) for the Chinese stock market. We find strong size, value and profitability patterns in …

This paper sheds light on the similarities and differences with respect to the presence of
anomalies in the China A-share market and other markets. To this end, we examine the …

In this paper, we investigate the impact of innovative efficiency on a firm's market valuation
based on a sample of Chinese listed firms. We find that innovative efficiency prominently …

Domestically listed Chinese (A‐share) firms have lower stock returns than externally listed
Chinese, developed, and emerging country firms during 2000 to 2018. They also have lower …

We find that the five-factor asset pricing model proposed by Fama and French (2015) is a
better description of the Chinese stock market return than the three-factor model, but it is not …

Health, safety, and environmental (HSE) issues are an emerging concern in sustainable
supply chain management. Global brands sourcing from high-risk suppliers in emerging …