We apply the discontinuity methodology from the accounting literature to a political economy
setting of GDP reporting and examine whether Chinese local governments manage regional …

We examine the implications of economic policy uncertainty (EPU) for financial statement
comparability. We posit that the increased difficulty of estimating future cash flows and the …

Whether the implementation of a national industrial policy can maintain stability in the
financial market is a question of theoretical and practical significance. Using data from …

We propose and test the incentive view—that the margin call pressure and ownership-
control discrepancy associated with insider share pledging increase investors' perceived …

This study develops a social network analysis to examine the influence mechanisms of
supply chain network position on stock price crash risk. With a panel of 2115 Chinese A …

The main purpose of this study was to explore the relationship between market and
accounting measures of risk and the profitability of companies listed on the Frankfurt Stock …

Retailers constantly face the decision of whether to close existing stores and/or to open new
ones. Closing a store may reduce a retailer's costs, while opening a new store may increase …

Purpose The purpose of this paper is to study the impact of enterprises' digital transformation
on the risk of stock price crashes, but also to study the mediating role of enterprises' …

In fixed income markets, volatility is unspanned if volatility risk cannot be hedged with bonds.
We first show that all affine term structure models with state space ℝ+ M× ℝ N− M can be drift …

This paper provides a quantitative review of the literature on the repercussions of
idiosyncratic information on firms' cost of equity (CoE) capital. In total, I review the results of …