Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor | Faculty of Business | en_US |
| dc.contributor.advisor | Tsang, Albert (AF) | en_US |
| dc.contributor.advisor | Wu, Qiang (AF) | en_US |
| dc.creator | Wong, Yet Ping Ambrose | - |
| dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/12680 | - |
| dc.language | English | en_US |
| dc.publisher | Hong Kong Polytechnic University | en_US |
| dc.rights | All rights reserved | en_US |
| dc.title | Cross-border cooperation between securities regulators and the financial reporting quality of Chinese firms | en_US |
| dcterms.abstract | In this study, I examine whether and how implementation of the Multilateral Memorandum of Understanding Concerning Consultation, Cooperation, and the Exchange of Information (MMoU) by the International Organization of Securities Commissions (IOSCO) affects the financial reporting quality of Chinese firms cross-listed in the United States (US). My results suggest that after China’s 2007 entry into the MMoU, the Chinese firms cross-listed on the US stock exchanges conducted significantly less earning management activities. Moreover, I find that both the earnings management activities of the firms audited by the Big4 and state-owned enterprises (SOEs) tend to decline in a larger extent than firms audited by non-Big4 auditors or non-SOEs in that period after China’s entry into the MMoU. Overall, my findings supplement MMoU research conducted in a global setting by evaluating how the financial reporting quality of Chinese firms changed when China entered into the MMoU. My result suggests that the MMoU, which presumably raises firms’ concerns about strengthened cross-border investor protection and enforcement through improved information exchange and cooperation among regulatory bodies, is important in promoting earnings quality of firms that are cross-listed, especially for Chinese firms. | en_US |
| dcterms.extent | iv, 71 pages | en_US |
| dcterms.isPartOf | PolyU Electronic Theses | en_US |
| dcterms.issued | 2023 | en_US |
| dcterms.educationalLevel | D.B.A. | en_US |
| dcterms.educationalLevel | All Doctorate | en_US |
| dcterms.LCSH | Financial statements -- China | en_US |
| dcterms.LCSH | Accounting -- Quality control | en_US |
| dcterms.LCSH | Securities -- China -- Auditing | en_US |
| dcterms.LCSH | Corporations -- China -- Auditing | en_US |
| dcterms.LCSH | Hong Kong Polytechnic University -- Dissertations | en_US |
| dcterms.accessRights | restricted access | en_US |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 7181.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 909.17 kB | Adobe PDF | View/Open |
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