Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China

Informed by agency theory and stakeholder theory, this study examines the impact of corporate governance on financial reporting quality in the context of China mainly from three mechanisms such as equity incentive to executives, supervisory board monitoring and religion. Based on a sample of 280 Chi...

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Main Author: LI, HUIHUI
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2018
Online Access:https://eprints.nottingham.ac.uk/54208/
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author LI, HUIHUI
author_facet LI, HUIHUI
author_sort LI, HUIHUI
building Nottingham Research Data Repository
collection Online Access
description Informed by agency theory and stakeholder theory, this study examines the impact of corporate governance on financial reporting quality in the context of China mainly from three mechanisms such as equity incentive to executives, supervisory board monitoring and religion. Based on a sample of 280 Chinese listed companies over a ten-year period (2008-2017), this study finds that executives’ equity incentives increase their propensity to commit corporate fraud and destroys the financial reporting quality. However, in contrast to prior findings, supervisory board monitoring in China is effective. In particular, a smaller SB size can reduce earnings management, while SB meeting frequency does not have significant relation with earnings management. Lastly, this study reveals that religion (Buddhism and Taoism in this study) is significantly negatively associated with earnings management, suggesting that religion can serve as an informal mechanism to reduce earnings management and improve financial reporting quality. Keywords equity incentive, supervisory board, Religion, Financial reporting quality, Earnings management
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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spelling nottingham-542082022-04-29T13:53:21Z https://eprints.nottingham.ac.uk/54208/ Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China LI, HUIHUI Informed by agency theory and stakeholder theory, this study examines the impact of corporate governance on financial reporting quality in the context of China mainly from three mechanisms such as equity incentive to executives, supervisory board monitoring and religion. Based on a sample of 280 Chinese listed companies over a ten-year period (2008-2017), this study finds that executives’ equity incentives increase their propensity to commit corporate fraud and destroys the financial reporting quality. However, in contrast to prior findings, supervisory board monitoring in China is effective. In particular, a smaller SB size can reduce earnings management, while SB meeting frequency does not have significant relation with earnings management. Lastly, this study reveals that religion (Buddhism and Taoism in this study) is significantly negatively associated with earnings management, suggesting that religion can serve as an informal mechanism to reduce earnings management and improve financial reporting quality. Keywords equity incentive, supervisory board, Religion, Financial reporting quality, Earnings management 2018-12-01 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/54208/1/dissertation%20-%20HUIHUI%20LI%204293865.pdf LI, HUIHUI (2018) Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China. [Dissertation (University of Nottingham only)]
spellingShingle LI, HUIHUI
Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China
title Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China
title_full Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China
title_fullStr Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China
title_full_unstemmed Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China
title_short Executive equity incentive, supervisory board monitoring, religion and financial reporting quality in China
title_sort executive equity incentive, supervisory board monitoring, religion and financial reporting quality in china
url https://eprints.nottingham.ac.uk/54208/