In state owned enterprises (SOEs), taxes are a dividend to the controlling shareholder, the
state, but a cost to other shareholders. We examine publicly traded firms in China and find …

The principal‐principal perspective is tested and extended in the context of corporate
takeovers of Chinese publicly listed firms from 1998 to 2007. The resistance of a target firm's …

This study examines the impact of ownership structure on Chinese banks' risk-taking
behaviours. We classify the Chinese commercial banks into three categories based on the …

Conflict of interests between controlling shareholders and minority shareholders could affect
executive compensation contracts. In this paper, we use data on Chinese listed companies …

We examine the effects of bank's political connection on bank performance and risk in
China. We use hand-collected information on CEOs' professional background to identify …

We examine the impact of a city's cultural diversity on a firm's tax avoidance (TA). Our
findings suggest that when a firm is located in a culturally diverse city, it exhibits less TA than …

In China's transitional economy, one of the major objectives of the government is to maintain
social stability. We hypothesize that, through state ownership and appointment of …

The growing gap between the pay of executives and employees has been the subject of
much media publicity and political attention in recent times. We analyze the pay gap …

We examine which of two opposing financial reporting incentives that group‐affiliated firms
experience shapes their accounting transparency evident in auditor choice. In one direction …

We investigate how political influence affects executive compensation using a sample of
publically listed Chinese firms. Our dataset allows us to examine the interplay between …