Securities regulation and implicit penalties

The extant literature offers extensive support for the significant role played by institutions in financial markets, but implicit regulation and monitoring have yet to be examined. This study fills this void in the literature by employing unique Chinese datasets to explore the implicit regulation an...

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Bibliographic Details
Main Authors: Donghua Chen, Yuyan Guan, Gang Zhao, Feifei Wu
Format: Article
Language:English
Published: Elsevier 2011-06-01
Series:China Journal of Accounting Research
Subjects:
IPO
Online Access:http://www.sciencedirect.com/science/article/pii/S1755309111000050