Related party transactions, accruals management and post-IPO operating performance : Chinese experience
This study investigates the reported operating performance of Chinese IPOs (Initial Public Offerings) before and after the IPO. It shows that Chinese IPOs report a significant decline in operating performance relative to the pre-IPO level, in terms of Return on Assets (ROA) and Operating Cashflow on...
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University of Surrey
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.441925 |