... regression models to address any concerns regarding the possible existence of endogeneity problems. Findings This study reports three key findings. First, the authors find that early ISAs adoption has a negative effect on several financial market consequences, namely stock market integration, market...

...Wen Qu; Philomena Leung; Barry Cooper Purpose The aim of this paper is to investigate stakeholder power changes and their impact on firms' disclosure decisions in the Chinese stock market. Using legitimacy theory and stakeholder theory, the paper identifies newly emerged stakeholder groups...

.... All firms listed on the Chinese stock market during the investigation period constitute the sample. Findings It is found that accounting information better explains share returns for both A‐share firms and A&B‐share firms in the post‐ASBE period. The paper also finds that the book value...

... on earnings manipulation around the time of securities issuance. Daoping (Steven) He can be contacted at: he_s@cob.sjsu.edu © Emerald Group Publishing Limited 2010 Financial reporting Earnings Stock returns Stock markets Japan Hertzel et al. (2002) find that the US firms...

... that the sample is dispersed across industries. Forty‐six different two‐digit SIC codes are represented in the sample, with 14 banking firms (SIC code 60) comprising the heaviest concentration [3] . Auditors Auditing Stock markets Stock returns This study investigates how the stock prices...

... sound legal system. The main objective for these OLCs to list in HK was to raise capital. It is also found that the subjects considered the overall contribution of OLCs towards the success of the HK stock market as more important than the contribution of the Hong Kong Stock Exchange to the success...

... for the preliminary announcements to be issued before the position is clear, and that the auditors should discuss the situation with the company. © MCB UP Limited 1997 Auditors Companies Profit Stock markets Preliminary profit announcements are recognized as important elements of companies...

... audit Fraud Stock markets Many large entities have used the audit committee to protect themselves from fraud, mismanagement and financial liability. Generally comprised of outside directors, the committee serves as an intermediary between the external and internal auditors and the full board...

...]. Disclosure Ethical investment Information Insider dealing Legal matters Stock markets The purpose of this article is to analyse the often discussed issue of “insider trading”. The scope of this treatise is to establish the severity of the problem, if indeed there is a problem, and to address...

... such a model is an adequate surrogate for the expectations of investors in the stock market. Even though the accuracy rate of the model in predicting the audit opinions which were issued was relatively high, that does not necessarily imply that it captures what investors perceive to be important inputs when...