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Keywords: mutual funds
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Journal Articles
Journal of International Accounting Research (2019) 18 (1): 97–120.
Published: 01 March 2019
...Jiajia Fu ABSTRACT This study examines the role of mutual funds in the pricing of accruals in China's stock market to evaluate the sophistication of Chinese mutual funds. Using a sample of A-share stocks in China from 2003 to 2011, I find that the mispricing of accruals is concentrated in firms...