China Accounting and Finance Review: Volume 24 Issue 2 , Open Access

Political uncertainty and cost stickiness: evidence from prefecture-city official turnover in China

Zheyao Pan, Guangli Zhang, Huixuan Zhang

The aim of this study is to investigate the impact of local political uncertainty on the asymmetric cost behavior (i.e. cost stickiness) for listed firms in China.

Real earnings management, corporate governance and stock price crash risk: evidence from China

Yuanhui Li, Yezen Kannan, Stephen Rau, Shuning Yang

The aim of this paper is to provide additional insights on the association between real earnings management (REM) and crash risk, particularly from the perspective of an emerging…

On price difference of A+H companies

Yang Liu, In-Mu Haw

For Chinese companies that cross-list in Chinese A share and Hong Kong (H share) markets, the H share price has been consistently lower than the A share price by an average of 85…

The dual effect of idiosyncratic volatility on stock pricing and return

Zhuo (June) Cheng, Jing (Bob) Fang

This study aims to examine what underlies the estimated relation between idiosyncratic volatility and realized return.

Institutional quality and dark side of product market competition: a cross-country study

Yuan Huang, Zilong Song, Lewis H.K. Tam

The authors examine the joint effect of the country-wide legal institutions and product market competition on stock crash risk in a large sample of international firms.