The impact of ownership structure on earnings quality: Evidence from Chinese listed firms

The main objective of this paper is to assess the influence of ownership structure on earnings quality in China from 2007 to 2014. As an expansion of previous researches, this paper combines two research perspectives from Wang and Yung (2011) and Firth et al. (2007) and in addition, the direction of...

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Main Author: Yang, Hang
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/36497/
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author Yang, Hang
author_facet Yang, Hang
author_sort Yang, Hang
building Nottingham Research Data Repository
collection Online Access
description The main objective of this paper is to assess the influence of ownership structure on earnings quality in China from 2007 to 2014. As an expansion of previous researches, this paper combines two research perspectives from Wang and Yung (2011) and Firth et al. (2007) and in addition, the direction of earning management is tested for detecting managerial behavior. During the analysis, I divide all Chinese listed firms into two groups at first, State-owned Enterprises (SOEs) and non-SOEs. I find that even the related party transactions are considered, SOEs are still have higher earnings quality than its counterparts, and the divergence between those two groups are growing. Then, in order to discuss into more details about the impact of different types of SOEs, SOEs are classified by their nature, which are SOEs affiliated to central government (SOECG) and other SOEs, referred as non-SOECG. The results follow the general awareness that SOECGs would have less earnings management due to facing more strict supervision and less managerial compensation incentives.
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spelling nottingham-364972017-10-19T16:58:18Z https://eprints.nottingham.ac.uk/36497/ The impact of ownership structure on earnings quality: Evidence from Chinese listed firms Yang, Hang The main objective of this paper is to assess the influence of ownership structure on earnings quality in China from 2007 to 2014. As an expansion of previous researches, this paper combines two research perspectives from Wang and Yung (2011) and Firth et al. (2007) and in addition, the direction of earning management is tested for detecting managerial behavior. During the analysis, I divide all Chinese listed firms into two groups at first, State-owned Enterprises (SOEs) and non-SOEs. I find that even the related party transactions are considered, SOEs are still have higher earnings quality than its counterparts, and the divergence between those two groups are growing. Then, in order to discuss into more details about the impact of different types of SOEs, SOEs are classified by their nature, which are SOEs affiliated to central government (SOECG) and other SOEs, referred as non-SOECG. The results follow the general awareness that SOECGs would have less earnings management due to facing more strict supervision and less managerial compensation incentives. 2016 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36497/1/Hang%20Yang_4241758_Accounting%20and%20Finance.pdf Yang, Hang (2016) The impact of ownership structure on earnings quality: Evidence from Chinese listed firms. [Dissertation (University of Nottingham only)] Earnings Quality Corporate Governance
spellingShingle Earnings Quality
Corporate Governance
Yang, Hang
The impact of ownership structure on earnings quality: Evidence from Chinese listed firms
title The impact of ownership structure on earnings quality: Evidence from Chinese listed firms
title_full The impact of ownership structure on earnings quality: Evidence from Chinese listed firms
title_fullStr The impact of ownership structure on earnings quality: Evidence from Chinese listed firms
title_full_unstemmed The impact of ownership structure on earnings quality: Evidence from Chinese listed firms
title_short The impact of ownership structure on earnings quality: Evidence from Chinese listed firms
title_sort impact of ownership structure on earnings quality: evidence from chinese listed firms
topic Earnings Quality
Corporate Governance
url https://eprints.nottingham.ac.uk/36497/