In a relationship-based economy, firms not only contract with each other based on relational
ties, politicians exert their influence on the firms through relationships as well (Rajan and …

This paper examines the information role of social and business ties between financial
analysts and firm managers in a relationship-based economy like China's, where relational …

The measurement difficulties arising from relationship‐based business transactions can
result in accounting opacity. We test this hypothesis by exploiting a natural experiment …

We study the association between a firm's political connection and the earnings forecasts of
analysts in an international context. We find that analysts experience more difficulties in …

We analyze the interactions between accounting institutions and corporate political
connections (CPCs). We present a model where a costly policy depends on the perceived …

본 연구의 목적은 한국 레미콘 산업의 특수 관계자 거래 규모와 재량적 발생액, 실제이익조정
간의 관계를 조사하는 것이다. 레미콘 산업의 특수 관계자 거래 비중은 다른 산업에 비해 높다 …

When emerging market firms disclose relationship-based transactions, they face a trade-off
in which greater transparency may help lower their cost of capital at the cost of revealing …

The paper investigates the possible relationship between earnings prediction by security
analysts and special ownership ties that link security companies those analysts belong to …

We examine whether analysts' incentives to maintain good relationships with management
contribute to the optimistic/pessimistic within‐period time trend in analysts' forecasts. In our …

Strategic alliances are voluntarily initiated cooperative agreements between firms, which
involve exchanging, sharing and developing resources (Gulati, 1995). Separating financial …