NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Institutions and Information Environment of Chinese Listed Firms

Joseph D. Piotroski, T.J. Wong

Chapter in NBER book Capitalizing China (2013), Joseph P. H. Fan and Randall Morck, editors (p. 201 - 242)
Conference held December 15-16, 2009
Published in November 2012 by University of Chicago Press
© 2013 by the National Bureau of Economic Research

This chapter examines the financial reporting practices and information environment of publicly listed firms in China, and is organized as follows. Section 4.1 provides an overview of the information environment in China. Section 4.2 considers the influence of China's legal, political, financial, and regulatory institutions on financial reporting incentives and the resulting information environment. Section 4.3 describes the state of information acquisition and dissemination activities in China. Section 4.4 concludes by outlining the impact of current and future institutional changes on the information environment of China's listed firms.

download in pdf format
   (394 K)

email paper

This paper is available as PDF (394 K) or via email.

This paper was revised on May 30, 2014

Acknowledgments

Machine-readable bibliographic record - MARC, RIS, BibTeX

Commentary on this chapter: Comment, Li Jin
Users who downloaded this chapter also downloaded these:
Jin Comment on "Institutions and Information Environment of Chinese Listed Firms"
Gordon and Li Provincial and Local Governments in China: Fiscal Institutions and Government Behavior
Allen and Shen Assessing China's Top-Down Securities Markets
Pistor The Governance of China's Finance
Fan, Morck, and Yeung Translating Market Socialism with Chinese Characteristics into Sustained Prosperity
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us