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: Political Connections; Anti Corruption Campaign; Bank Loans; financial reporting quality; China; Accounting; Asian Studies; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1889; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=2916&context=soa_research
• 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...