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Journal Articles
China Accounting and Finance Review (2026) 28 (3): 341–373.
Published: 05 February 2026
...Tao Sun; Yu Zhang; Eric Rosano Purpose Agency theory predicts that agents tend to have more information regarding their own talents and efforts than their principals. This information asymmetry enables chief executive officers (CEOs) to “shirk” or engage in actions that benefit themselves...
Includes: Supplementary data
Journal Articles
China Accounting and Finance Review (2022) 24 (4): 516–539.
Published: 23 May 2022
...Wenjie Bi; Yujie Wang; Yi Xiang; Feida Zhang Purpose In this paper the authors aim to argue that the existence of a strong corporate governance mechanism (a formal credibility-enhancing mechanism) and the presence of a more trustworthy-looking CEO (an informal credibility-enhancing mechanism...

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