The China puzzle: Opportunities for accounting research

Acemoglu, 2012 Allen, 2005, Law, finance and economic growth in China, Journal of Financial Economics, 77, 57, 10.1016/j.jfineco.2004.06.010 Ali, 2007, Corporate disclosures by family firms, Journal of Accounting and Economics, 44, 238, 10.1016/j.jacceco.2007.01.006 Arya, 2010, Input markets and the strategic organization of the firm, Foundations and Trends in Accounting, 5, 1, 10.1561/1400000019 Baldenius, 2008, Internal pricing, Foundations and Trends in Accounting, 3, 223, 10.1561/1400000013 Basu, 2012, How can accounting researchers become more innovative?, Accounting Horizons, 26, 851, 10.2308/acch-10311 Chan, 2011, Aggregate quasi rents and auditor independence: evidence from audit firm mergers in China, Contemporary Accounting Research, 28, 175, 10.1111/j.1911-3846.2010.01046.x Chen, 2008, Future directions for Chinese accounting research, China Journal of Accounting Research, 1, 1, 10.1016/S1755-3091(13)60002-7 Chen, 2004, Earnings management and capital resource allocation: evidence from China’s accounting-based regulation of rights issues, The Accounting Review, 79, 645, 10.2308/accr.2004.79.3.645 Chen, 2010, Client importance, institutional improvements, and audit quality in China: an office and individual auditor level analysis, The Accounting Review, 85, 127, 10.2308/accr.2010.85.1.127 Chen, 2000, An emerging market’s reaction to initial modified audit opinions: evidence from the shanghai stock exchange, Contemporary Accounting Research, 17, 429, 10.1506/GCJP-5599-QUWB-G86D Chen, C.J.P., Su, X., Wu, X., 2010. Auditor changes following a Big 4 merger with a local Chinese firms: a case study. Auditing: A Journal of Practice and Theory, 29: 41–72. Chen, 2010, Association between borrower and lender state ownership and accounting conservatism, Journal of Accounting Research, 48, 973, 10.1111/j.1475-679X.2010.00385.x Chen, 2011, Effects of audit quality on earnings management and cost of equity capital: evidence from China, Contemporary Accounting Research, 28, 892, 10.1111/j.1911-3846.2011.01088.x Choi, J., Kim, C.F., Kim, J., Zang, Y., 2010. Audit office size, audit quality, and audit pricing. Auditing: A Journal of Practice and Theory, 29: 73–97. Coase, 1937, The nature of the firm, Economica, 4, 386, 10.1111/j.1468-0335.1937.tb00002.x Coase, 1991, The nature of the firm: origin, meaning, and influence, 34 Coase, 1992, The institutional structure of production, American Economic Review, 82, 713 Du, 2012, Influence activities and favoritism in subjective performance evaluation: evidence from Chinese State-Owned Enterprises, The Accounting Review, 87, 1555, 10.2308/accr-50196 DeFond, 2000, The impact of improved auditor independence on audit market concentration in China, Journal of Accounting and Economics, 28, 269, 10.1016/S0165-4101(00)00005-7 Ederhof, 2010, Discretion in managerial bonus pools, Foundations and Trends in Accounting, 5, 243, 10.1561/1400000014 Ewert, 2011, Earnings management, conservatism, and earnings quality, Foundations and Trends in Accounting, 6, 65, 10.1561/1400000025 Fan, 2005, Do external auditors perform a corporate governance role in emerging markets? Evidence from East Asia, Journal of Accounting Research, 43, 35, 10.1111/j.1475-679x.2004.00162.x Fan, 2012, Founder succession and accounting properties, Contemporary Accounting Research, 29, 283, 10.1111/j.1911-3846.2011.01099.x Glover, J., 2012. Xplicit and implicit incentives for multiple agents, Foundations and Trends in Accounting 7, 1–71. Gul, F., Sami, H., Zhou, H., 2009. Auditor disaffiliation program in China and auditor independence. Auditing: A Journal of Practice and Theory, 28: 29–51. Firth, 2012, Auditors’ organizational form, legal liability, and reporting conservatism: evidence from China, Contemporary Accounting Research, 29, 57, 10.1111/j.1911-3846.2011.01081.x Haw, 2005, Market consequences of earnings management in response to security regulations in China, Contemporary Accounting Research, 22, 95, 10.1506/9XVL-P6RR-MTPX-VU8K Haw, 2011, Corporate governance and earnings management by classification shifting, Contemporary Accounting Research, 28, 517, 10.1111/j.1911-3846.2010.01059.x Hung, 2012, Political considerations in the decision of Chinese SOEs to list in Hong Kong, Journal of Accounting and Economics, 53, 435, 10.1016/j.jacceco.2011.10.001 Hurwicz, L., 2007. But Who Will Guard the Guardians? <http://nobelprize.org/nobel_prizes/economics/laureates/2007/hurwicz_lecture.pdf>. Jian, 2010, Propping through related party transactions, Review of Accounting Studies, 15, 70, 10.1007/s11142-008-9081-4 Kanodia, 2006, Accounting disclosure and real effects, Foundations and Trends in Accounting, 1, 167, 10.1561/1400000003 Kim, 2011, The voluntary adoption of International Financial Reporting Standards and loan contracting around the world, Review of Accounting Studies, 16, 779, 10.1007/s11142-011-9148-5 Liu, X., 2008. SME development in China: a policy perspective on SME industrial clustering. In: Lim, H. (Ed.), SME in Asia and Globalization, ERIA Research Project Report 2007-5, pp. 37–68. Liang, 2010, An invitation to theory, China Journal of Accounting Research, 3, 1, 10.1016/S1755-3091(13)60017-9 North, 1990 Putnam, 1993 Stiglitz, 2002, Information and the change in the paradigm in economics, American Economic Review, 92, 460, 10.1257/00028280260136363 Sunder, 1997 Wang, 2008, State ownership, the institutional environment, and auditor choice: evidence from China, Journal of Accounting and Economics, 46, 112, 10.1016/j.jacceco.2008.04.001 Williamson, 1985 Williamson, 2002, The theory of the firm as governance structure: from choice to contract, Journal of Economic Perspective, 16, 171, 10.1257/089533002760278776 Xu, 2011, The fundamental institutions of China’s reforms and development, Journal of Economic Literature, 49, 1076, 10.1257/jel.49.4.1076 Xu, C., Zhuang, J., 1998. Why China grew: The role of decentralization. In: Boone, P., Gomulka, S., Layard, R. (Eds.), Emerging from Communism: Lessons from Russia, China, and Eastern Europe. MIT Press, Cambridge and London, pp. 183–212. Yang, Z., forthcoming. Do Political Connections Add Value to Audit Firms? Evidence from IPO Audits in China, Contemporary Accounting Research. Zimmerman, 1997