Overseas Listing and Accounting Conservatism: Evidence from Chinese H-share Companies
學年 100
學期 1
出版（發表）日期 2011-09-20
作品名稱 Overseas Listing and Accounting Conservatism: Evidence from Chinese H-share Companies
作品名稱（其他語言）
著者 Kung, Fan-Hua; James, Kieran; Cheng, Chia-Ling
單位 淡江大學會計學系
出版者 Bingley: Emerald Group Publishing Ltd.
著錄名稱、卷期、頁數 Asian Review of Accounting,19(3),p.266-278
摘要 Purpose – The objective of this paper is to examine the incremental effects of overseas listing on earnings conservatism. In particular, it investigates whether mainland Chinese companies listed “overseas” in Hong Kong exhibit a higher degree of earnings conservatism than companies without overseas-listing. Design/methodology/approach – The paper employs the concept of “conditional conservatism” and adopts Basu’s (1997) conservatism model, examining data for Chinese companies overseas listed on the Stock Exchange of Hong Kong as H-shares, to test hypothesis concerned with the difference in the speed with which economic gains and losses are captured in accounting earnings. Findings – The empirical findings indicate that both overseas-listed and China-only-listed Chinese companies demonstrate a minimal degree of earnings conservatism in the earlier sample sub-period. However, companies listed overseas provide a higher degree of earnings conservatism overall. Furthermore, this conservatism becomes statistically significant in the 2006 to 2008 sub-period. Originality/value – The evidence in this study shows that differences in earnings conservatism arise from differential information demands and differential regulations. Hence the findings have direct policy implications for the regulatory agencies in China and Vietnam and in the ex-communist countries further afield such as Russia, the former Soviet Union, and Eastern Europe.
關鍵字 Accounting conservatism;Accounting regulation;Basu model;Accounting;Communism;Earnings conservatism;Earnings quality;Maoism;China
語言 en
ISSN 1321-7348
期刊性質 國外
收錄於 ESCI
產學合作
通訊作者
審稿制度 否
國別 GBR
公開徵稿
出版型式 ,紙本
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