The Relationship between Family Succession and the Informativeness of Earnings: Evidence from China
碩士 === 逢甲大學 === 會計學系 === 106 === It has been more than 30 years since China opened private enterprises in 1978. Family firms is a very common type of Chinese business. Family Succession will have a significant economic impact on the Chinese capital market. The purpose of this study is to explore the...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2018
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| Online Access: | http://ndltd.ncl.edu.tw/handle/yt22p5 |
| Summary: | 碩士 === 逢甲大學 === 會計學系 === 106 === It has been more than 30 years since China opened private enterprises in 1978. Family firms is a very common type of Chinese business. Family Succession will have a significant economic impact on the Chinese capital market. The purpose of this study is to explore the relationship between Chinese family succession and the informativeness of earnings. In addition, this paper also explores the relationship between institutional features and the informativeness of earnings after the succession of Chinese family firms. This research sampled the A shares listed in SSE&SZSE in China from 2008 to 2016. We find that after the succession of Chinese family firms, the informativeness of earnings has generally increased. The better institutional features, the informativeness of earnings is reduced after the succession of Chinese family firms. Additional analysis also suggests that differences in China's political connection will also affect the informativeness of earnings.
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