Articles with the same column -- Department of Academic Journals, SUFE

Economic Policy Uncertainty and “Double High Phenomenon”

Gao Jingzhong, Wang Tianyu, Wang Yingyun

The “double high phenomenon” is a phenomenon that listed companies hold high cash and high short-term loans at the same time. This paper takes China’s A-share listed comp...

First published at: Apr 20, 2021

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doi:10.16538/j.cnki.fem.20210115.201

Foreign Economics & Management, Vol. 43, Issue 04, pp. 3 - 18

CORPORATE FINANCE | F270

A Study on the Relationship between Accounting Information Comparability and Corporate Risk-taking

Dong Zhu, Zhang Xin

The higher the level of corporate risk-taking is, the more inclined it is to choose the investment project with a higher risk and positive net present value. This risk selection has a sign...

First published at: Feb 20, 2021

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doi:10.16538/j.cnki.fem.20201111.201

Foreign Economics & Management, Vol. 43, Issue 02, pp. 36 - 50

| F270

Obtaining Trust Helps? Does Social Trust Mitigate Investment with Short-Term Financing?

Zhang Xinmin, Ye Zhiwei

The issue of investment with short-term financing has received increased attention as the central government proposed to fend off and defuse major risks. Previous literature mainly focuses...

First published at: Jan 20, 2021

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doi:10.16538/j.cnki.fem.20200816.201

Foreign Economics & Management, Vol. 43, Issue 01, pp. 44 - 57,72

| F270

Literature Review on the Influence of Information Disclosure on M&As Based on Meta-analysis

Chen Wenting, Shi Yihua, Yu Pengyi

Based on the limitations of existing studies, this paper examines the relationship between information disclosure and M&As and the impact of potential moderating variables from the asp...

First published at: Dec 20, 2020

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doi:10.16538/j.cnki.fem.20200801.203

Foreign Economics & Management, Vol. 42, Issue 12, pp. 30 - 43

| F270

Can Financial Inquiry Letters Improve the Readability of Annual Reports? Evidence from Listed Companies with Directors’ Ties

Zhai Shuping, Wang Min, Bai Mengshi

From the perspective of the readability of annual reports, this paper explores the governance effect of exchanges’ inquiry letters on the readability of annual reports. It is found t...

First published at: Sep 03, 2020

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doi:10.16538/j.cnki.fem.20200615.201

Foreign Economics & Management, Vol. 42, Issue 09, pp. 136 - 152

| F270

Financing Channels and Innovation Investment

Li Zhen, Xi Feifei, Chen Tianming

US trade tariff sanctions against China since 2018 and the events of “ZTE” and “Huawei” have put forward in-depth thinking on the core technology innovation of manu...

First published at: Aug 01, 2020

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doi:10.16538/j.cnki.fem.20200610.402

Foreign Economics & Management, Vol. 42, Issue 08, pp. 123 - 138

| F270

Has the Academic Experience of Executives Affected the R&D Manipulation of Enterprises?

Yuan Zeming, Wang Peilin, Fu Yuyuan

Based on the sample of A-share listed companies in China from 2008 to 2017, this paper studies the relationship between executives’ academic experience and R&D manipulation. The ...

First published at: Aug 01, 2020

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doi:10.16538/j.cnki.fem.20200409.202

Foreign Economics & Management, Vol. 42, Issue 08, pp. 109 - 122

| F270

Private Placement, Contract Characteristics and Shareholders’ Embezzlement of Funds

Liu Chao, Ruan Yongping, Zheng Kai

Using firm-level data of Shanghai and Shenzhen A-share listed companies of private placement in China from 2007 to 2017, this paper examines the effects of private placement and the differ...

First published at: Jun 01, 2020

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doi:10.16538/j.cnki.fem.20191210.003

Foreign Economics & Management, Vol. 42, Issue 06, pp. 126 - 138

| F270

Does Prospectus Readability Affect IPO Underpricing?

Zhou Baicheng, Zhou Kuo

This paper takes 822 prospectuses as the textual analysis object, and constructs the readability index of Chinese financial text. From the perspectives of impression management and informa...

First published at: Mar 01, 2020

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doi:10.16538/j.cnki.fem.20190926.002

Foreign Economics & Management, Vol. 42, Issue 03, pp. 104 - 117,135

公司财务 | F270

Investor Sentiment and Industrial Structure Upgrading: Based on the Perspectives of “Investment and Financing Effect” and “Signal Effect”

Li Linbo, Liu Weiqi

In our main analyses, we use two hypotheses to examine the effect of investor sentiment on industrial upgrading. The first is the investment and financing hypothesis, which is synthesized ...

First published at: Feb 01, 2020

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doi:10.16538/j.cnki.fem.20190816.002

Foreign Economics & Management, Vol. 42, Issue 02, pp. 111 - 123