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The Role of Private Disclosures in Markets with Weak Institutions: Evidence from Market Liberalization in China
16 references·14 citing·48 second hop
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References

  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 2004Private Benefits of Control: An International Comparison2,512 cited
  • 2001Guanxi and organizational dynamics: organizational networking in Chinese firms1,964 cited
  • 1999Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure*1,882 cited
  • 1989An analysis of intertemporal and cross-sectional determinants of earnings response coefficients1,685 cited
  • 2003Why are foreign firms listed in the U.S. worth more?1,638 cited
  • 2000Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility1,539 cited
  • 2011Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets1,260 cited
  • 2009Ownership concentration, foreign shareholding, audit quality, and stock price synchronicity: Evidence from China1,241 cited
  • 2013Inside the 'Black Box' of Sell-Side Financial Analysts1,218 cited
  • 2012A Simple Way to Estimate Bid‐Ask Spreads from Daily High and Low Prices1,134 cited
  • 2003ADRs, Analysts, and Accuracy: Does Cross Listing in the United States Improve a Firm's Information Environment and Increase Market Value?1,122 cited
  • 1986Capital raising, underwriting and the certification hypothesis952 cited
  • 2005

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Credibility of Management Forecasts
914 cited
  • 2008Do Foreigners Invest Less in Poorly Governed Firms?678 cited
  • 2014Shaping Liquidity: On the Causal Effects of Voluntary Disclosure618 cited
  • Cited by

    • 2024Retail and Institutional Investor Trading Behaviors: Evidence from China73 cited
    • 2021Does stock market liberalization improve stock price efficiency? Evidence from China59 cited
    • 2023Stock market liberalization and earnings management: Evidence from a quasi‐natural experiment in China57 cited
    • 2024How do firms react to capital market liberalization? Evidence from ESG reporting greenwashing57 cited
    • 2021Capital Market Liberalization and Investment Efficiency: Evidence from China37 cited
    • 2021Stock market openness and analyst forecast bias36 cited
    • 2021Capital market liberalization and auditors' accounting adjustments: Evidence from a quasi‐experiment33 cited
    • 2022Low-carbon city initiatives and analyst behaviour: A quasi-natural experiment30 cited
    • 2023Foreign institutional ownership externalities and supplier innovation30 cited
    • 2022Capital market liberalization and opportunistic insider sales: Evidence from China29 cited
    • 2023Foreign investment and information quality – A quasi-experiment from China26 cited
    • 2021Stock market liberalisation and corporate cash holdings: evidence from China20 cited
    • 2021Does stock market liberalisation restrain corporate financialisation?19 cited
    • 2022The Supply and Effectiveness of Investor Relations in Insider- vs. Outsider-Oriented Markets16 cited