... and penalties in China, we find that highly polluting firms with stronger political connections receive fewer pollution penalties. Additional analyses show that the effect of political connections in reducing pollution penalties is more pronounced for nonstate-owned enterprises and in regions with either high...

...Shuo Yang; Jingran Zhao ABSTRACT This paper examines whether violations of national environmental and social (ES) legislation affect enforcement by securities regulators in China. Enforcement of securities laws is a political and discretionary process in which securities regulators can help...

...Yi-Hung Lin; Ting-Chiao Huang ABSTRACT The regulatory reform of internal controls (ICs) in China mandates that certain firms incorporate corporate social responsibility (CSR) engagement into ICs and issue IC reports. Using a staggered difference-in-differences research design, we find that IC...

...Peixin Wang; Haijie Huang; Edward Lee; Jirada Petaibanlue ABSTRACT We utilize the mandatory corporate social responsibility (CSR) disclosure regulation in China as an exogenous shock to evaluate the impact of such disclosures on investors as end users of accounting information based...

... the negative consequences associated with tax avoidance, and that individual attitudes can shape perceptions relative to these behaviors. Editor's note: Accepted by Joanna L. Ho. 4 2018 1 2020 2020 China CSR investors' assessment PRESOR stakeholder tax avoidance...

...Weishi Jia; Grace Pownall; Jingran Zhao ABSTRACT The purpose of this paper is to explore the puzzle of why so many Chinese firms eschew listings in China. Hundreds of firms founded in China have reorganized themselves as overseas corporations and listed on the Hong Kong Stock Exchange. These firms...

...Yunling Song; Ling Zhou ABSTRACT Companies listed on China's Shenzhen Stock Exchange Small and Medium Enterprise Board are required to release preliminary performance reports before the end of February if they cannot file annual reports by that time. Although this mandate might improve...