Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets
By Feng Chen, Ole‐Kristian Hope, Qingyuan Li, Xin Wang. 2011
1,130 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/2170399a91755ceea96f4f7dc19acff3374a5692
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Peter D. Wysocki
- Christian Leuz
- Ole‐Kristian Hope
- Wayne B. Thomas
- Dushyantkumar Vyas
- Boochun Jung
- Andrei Filip
- Luzi Hail
Citations in the corpus
- Financial reporting quality, debt maturity and investment efficiency (2014, background): “Based on this discussion, Biddle et al. (2009), for U.S. listed firms, and Chen et al. (2011), for private firms from emerging markets, examine the effect of FRQ on two inefficient scenarios, overinvestment and underinvestment, and report that higher FRQ helps underinvestment companies to make…”
- Corporate Social Responsibility and Investment Efficiency (2016, positive): “Second, while previous studies show that financial reporting quality (e.g. Biddle et al. 2009), government intervention (e.g. Chen et al. 2011b), and state and foreign ownership (e.g. Chen et al. 2014) are significant determinants of investment efficiency, our work enriches the literature and shows…”
- Financial Reporting Quality and Labor Investment Efficiency (2014, positive): “Chen et al. (2011a) extend this result to private firms in emerging markets.”
- Financial credibility, ownership, and financing constraints in private firms (2011, positive): “We also complement recent studies such as Chen et al. (2011) that document the role of high-quality financial reporting in improving the investment efficiency of private firms.”
- Managerial Ability, Investment Efficiency and Stock Price Crash Risk (2017, neutral): “…also use an expanded version of equation (1) whereby we estimate the following model incorporating the differential predictability for revenue increases and revenue decreases in order to determine the magnitude of over (under)-investment (Eberly 1997; McNichols and Stubben 2008, Chen et al., 2011).”