Earnings quality and crash risk in China: an integrated analysis

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dc.contributor.authorWongchoti U
dc.contributor.authorTian G
dc.contributor.authorHao W
dc.contributor.authorDing Y
dc.contributor.authorZhou H
dc.contributor.editorthanh, SD
dc.date.available2020-07-28
dc.date.issued2021-03-16
dc.description.abstractPurpose – The authors provide a comprehensive empirical examination on the impact of earnings quality on stock price crash risk in China. Design/methodology/approach – The authors acknowledge and distinguish two-dimensional proxies for earnings quality – accounting-based (earnings management degree) and market-based (earnings transparency) known in accounting and finance literature. Findings – The authors find that both generally indicate that better earnings quality is associated with less crashes. However, extremely high earnings transparency interacted with insider trading profit can also actually exacerbate stock price crashes. Originality/value – This study is the first to highlight the pertinence of accounting-based measures to proxy for earnings quality in a fast-growing emerging market environment such as China.
dc.description.confidentialfalse
dc.identifierhttps://www.emerald.com/insight/content/doi/10.1108/JABES-02-2020-0012/full/pdf?title=earnings-quality-and-crash-risk-in-china-an-integrated-analysis
dc.identifierhttps://www.emerald.com/insight/content/doi/10.1108/JABES-02-2020-0012/full/pdf?title=earnings-quality-and-crash-risk-in-china-an-integrated-analysis
dc.identifier.citationJournal of Asian business and economic studies, 2020
dc.identifier.doi10.1108/JABES-02-2020-0012
dc.identifier.eissn2515-964X
dc.identifier.elements-id433699
dc.identifier.harvestedMassey_Dark
dc.identifier.issn2515-964X
dc.languageEnglish
dc.publisherEmerald Publishing Limited
dc.publisher.urihttps://www.emerald.com/insight/content/doi/10.1108/JABES-02-2020-0012/full/pdf?title=earnings-quality-and-crash-risk-in-china-an-integrated-analysis
dc.relation.isPartOfJournal of Asian business and economic studies
dc.rightsThis article is published under the Creative Commons Attribution (CC BY 4.0) licence. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors.
dc.subjectearnings quality
dc.subjectstock price crash
dc.subjectChina
dc.titleEarnings quality and crash risk in China: an integrated analysis
dc.typeJournal article
pubs.notesNot known
pubs.organisational-group/Massey University
pubs.organisational-group/Massey University/Massey Business School
pubs.organisational-group/Massey University/Massey Business School/School of Economics and Finance
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