A review of China-related accounting research in the past 25

• 成果类型: Review
• 署名作者: Lennox, Clive; Wu, Joanna Shuang
• 署名单位: University of Southern California; University of Rochester
• 刊物名称: JOURNAL OF ACCOUNTING & ECONOMICS
• ISSN/ISSBN: 0165-4101
• DOI: 10.1016/j.jacceco.2022.101539
• 发表日期: 2022
• 关键词: earnings management evidence; former audit partners; shanghai-hong kong; corporate governance; political connections; State ownership; stock-prices; INSTITUTIONAL ENVIRONMENT; executive-compensation; economic-performance

摘要

The past 25 years have seen an exponential growth in the number of China studies in the leading accounting journals. The rise in China-related research mirrors the country's increased importance on the global stage and a growing appreciation of the economic importance of Chinese institutions. We organize our review of the China literature around three central themes: 1) political and regulatory institutions, 2) China's relationships with foreign investors, and 3) the availability of novel data and regulatory shocks. The former two themes address research questions that are more China-centric, while the third exploits the China setting to examine questions that are more universal. We highlight the contributions that China studies have made to the broader accounting literature, the limitations of the current literature, and we offer suggestions for future research directions.