Do politically connected directors affect accounting quality? Evidence from China's anti-corruption campaign (Rule 18)

• Main Authors: HOPE, Ole-Kristian, YUE, Heng, ZHONG, Qinlin
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2017
• 主題: Political Connections; Accounting Quality; China; Anti-Corruption Campaign; Causal Effects; Exogenous Shock; Accounting; Asian Studies; Corporate Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research/1568; https://ink.library.smu.edu.sg/context/soa_research/article/2595/viewcontent/SSRN_id2899403.pdf

We examine the impact of politically connected directors on accounting quality using a quasi experiment in China. In October 2013, “Rule 18” was issued to prohibit government and party officials, who were concurrently holding public offices or had recently retired from such positions within the last...