China's anti‐corruption campaign and financial reporting quality

• Main Authors: HOPE, Ole-Kristian, YUE, Heng, ZHONG, Qinlin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Anti-Corruption Campaign; Financial Reporting Quality; Political Connections; China; Quasi Experiment; Accounting; Asian Studies; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research/1818; https://ink.library.smu.edu.sg/context/soa_research/article/2845/viewcontent/Hope_2019_Chinas_anticorruption_campaign_and_AV.pdf
• Institution: Singapore Management University

We examine the impact of China’s anti-corruption campaign on firm-level financial reporting quality (FRQ). As an important component of the anti-corruption campaign, in October 2013, “Rule 18” was issued to prohibit party and government officials from serving as directors for publicly listed firms....