Ownership structure, legal environment and timeliness in loss recognition in China.

• Main Authors: Liang, Chen., Tan, Patricia Mui-Siang.
• Other Authors: Nanyang Business School
• Format: Research Report
• Published: 2008
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/7032
• Institution: Nanyang Technological University

This study investigates the effect of accounting reform on the timeliness in loss recognition by incorporating the unique institutional infrastructures in China. Our results show that the inefficient state ownership and weak legal environment are two key factors that limit the effectiveness of the a...