Previous literature documents that foreign firms cross-listed in the U.S. Stock Exchanges experience an improvement in the information environment. This paper disputes the idea that cross-listing per se increases the quality of the firm information environment by considering whether this enhancement depends on the effective adoption of stricter rules. As research setting, we use Section 302 of ...

Small and medium enterprises are an integral parts of economic development, and the growth of listed SMEs can be taken as an indicator. This paper sets up a growth index system to evaluate the growth of listed SMEs. Using a sample of 64 listed SMEs on the Shanghai and Shenzhen stock exchange, this paper empirically verifies the growth and current development situation of listed SMEs based on im...

Throughout their history, puts and calls [1] on common stock have been criticized as mere gambling opportunities. Recently, the creation of listed options on the Chicago Board Options Exchange, the American Stock Exchange and three regional exchanges in the United States, has given new respectability to options as investment vehicles. By year-end 1977, listed options to 217 common stocks were a...

Fair allocation of organs to candidates listed for transplantation is fundamental to organ-donation policies. Processes leading to listing decisions are neither regulated nor understood. We explored whether patient characteristics affected timeliness of listing using population-based data on 144,507 adults hospitalized with liver-related disease in Pennsylvania. We linked hospitalizations to ot...

: The objective of this study was to establish the antecedents dividend payout among listed non-financial Companies in Nairobi Securities Exchanges, Kenya, with four specific objectives; effect profitability, capital expenditure, leverage and liquidity on pay-out companies NSE. founded Modigliani miller hypothesis, signalling birds hand fallacy, Agency clientele policy. Using correlation resear...

BACKGROUND Although patients treated with maintenance hemodialysis are at an increased risk of colorectal cancer compared with the general population, national practices for colorectal cancer screening have not been reported in this population. We assessed the performance of colorectal cancer screening in the US end-stage renal disease program in comparison with the US Medicare population. ME...

Transplant candidates are permitted to register on multiple waiting lists. We examined multiple-listing practices and outcomes, using data on 81 481 kidney and 26 260 liver candidates registered between 7/1/95 and 6/30/00. Regression models identified factors associated with multiple-listing and its effect on relative rates of transplantation, waiting list mortality, kidney graft failure, and l...

This paper hypothesizes that earnings management in China’s listed companies is mainly induced by controlling owners’ tunneling activity. We conduct our analyses in two stages. In the first stage, we relate our analyses to prior research on Chinese listed companies which has documented their strong incentives to manage earnings in order to meet certain return on equity (ROE) thresholds. We iden...

U novel transaction-level data on Chinese business groups, this study provides the first direct evidence of the coinsurance theory of business groups by investigating when different types of internal resources are transferred within a business group. We find that in Chinese business groups, a credit crunch experienced by the controlling shareholding firm (the “controller”) of a publicly listed ...