The impact of economic freedom on financial analysts' earnings forecast: Evidence from the Asia-Pacific region
Journal Article
Hou, T. C., & Gao, S. (2021)
The impact of economic freedom on financial analysts' earnings forecast: Evidence from the Asia-Pacific region. Finance Research Letters, 43, https://doi.org/10.1016/j.frl.2021.102009
This study investigates the impact of economic freedom (EcF) on analysts’ earnings forecast (AEF) accuracy. EcF is measured from five aspects: Government, Protection, Money, T...
Dividend tunneling and joint expropriation: empirical evidence from China's capital market
Journal Article
Lv, H., Li, W., & Gao, S. S. (2012)
Dividend tunneling and joint expropriation: empirical evidence from China's capital market. European Journal of Finance, 18, 369-394. https://doi.org/10.1080/1351847X.2011.579741
This paper examines the association between cash dividends and the shareholders balancing mechanism (SBM) using the exogeneity and endogeneity assumptions of corporate ownersh...
The Impact of Target Capital Structure and Market Mispricing on Takeover Financing: Empirical Evidence from China
Journal Article
Li, J., & Gao, S. S. (2016)
The Impact of Target Capital Structure and Market Mispricing on Takeover Financing: Empirical Evidence from China. Global Review of Accounting and Finance, 7(2), 80-92
The dynamic trade-off theory and the market timing theory of capital structure are applied to analyze 5,923 Chinese takeover events from 2007 to 2014 with a view to identifyin...
Life insurance misselling and the influences of client attributes: evidence from China
Journal Article
Bi, S., & Gao, S. (2023)
Life insurance misselling and the influences of client attributes: evidence from China. Asian Journal of Business Ethics, 12, 219–237. https://doi.org/10.1007/s13520-023-00171-8
Prior studies have extensively explored factors that drive misselling behavior in life insurance markets, but considered little the influences of attributes of clients (partic...
Corporate governance reform and firm performance: evidence from China.
Book Chapter
Gao, S. S., Gao, G., & Zhang, T. (2009)
Corporate governance reform and firm performance: evidence from China. In M. Tsamenyi, & S. Uddin (Eds.), Corporate Governance in Less Developed and Emerging Economies (Research in Accounting in Emerging Economies, 189-209. Emerald Publishing Group. https://doi.org/10.1016/S1479-3563%2808%2908007-9
Purpose – The purpose of this study is to empirically evaluate the effectiveness of China's 2005 shareholding reform and investigate the relationship of the changes of state-o...
Impact of Carbon Emission Trading System Participation and Level of Internal Control on Quality of Carbon Emission Disclosures: Insights from Chinese State-Owned Electricity Companies
Journal Article
Tan, D., Bilal, , Gao, S., & Komal, B. (2020)
Impact of Carbon Emission Trading System Participation and Level of Internal Control on Quality of Carbon Emission Disclosures: Insights from Chinese State-Owned Electricity Companies. Sustainability, 12, https://doi.org/10.3390/su12051788
In recent years, the quality of carbon emission disclosures has become a central area of concern for different stakeholders of companies. Specifically, stakeholders of state‐o...
Determinants of audit committee meeting frequency: Evidence from Chinese listed companies
Journal Article
Yin, F., Gao, S., Li, W., & Lv, H. (2012)
Determinants of audit committee meeting frequency: Evidence from Chinese listed companies. Managerial Auditing Journal, 27(4), 425-444. https://doi.org/10.1108/02686901211218003
Purpose – The purpose of this paper is to investigate the determinants of audit committee meeting frequency in Chinese listed companies.
Design/methodology/approach – A multip...
Markowitz efficiency and size effect: evidence from the UK stock market
Journal Article
Hwang, T., Gao, S. S., & Owen, H. (2013)
Markowitz efficiency and size effect: evidence from the UK stock market. Review of Quantitative Finance and Accounting, https://doi.org/10.1007/s11156-013-0390-8
Academics and practitioners have frequently debated the relationship between market capitalization and expected return. We apply the Markowitz efficient frontier approach to d...
Can the private finance initiative be used in emerging economies? – lessons from the UK’s successes and failures.
Journal Article
Handley-Schachler, M. & Gao, S. S. (2003)
Can the private finance initiative be used in emerging economies? – lessons from the UK’s successes and failures. Managerial Finance. 29, 36-51. doi:10.1108/03074350310768742. ISSN 0307-4358
The Private Finance Initiative (PFI) introduced in the UK in 1992 has provided the framework for the completion of a large number of capital projects managed by public sector ...
The usefulness of derivative-related disclosure: evidence from major Australian banks.
Journal Article
Li, S. & Gao, S. S. (2006)
The usefulness of derivative-related disclosure: evidence from major Australian banks. International journal of accounting, auditing and performance evaluation. 4, 248-262. doi:10.1504/IJAAPE.2007.016280. ISSN 1740-8016
In recent years, there has been an increasing public demand for firms, especially financial institutions, to disclose more information related to derivatives due to a series o...