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Working paper
Debt Heterogeneity and Covenants
In: Paris December 2014 Finance Meeting EUROFIDAI - AFFI Paper
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Working paper
Do Commercial Ties Influence ESG Ratings? Evidence from Moody's and S&P
In: Singapore Management University School of Accountancy Research Paper No. 2023-153
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ESG Reporting Divergence
In: Singapore Management University School of Accountancy Research Paper Forthcoming
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Bargaining Power or Specialization? Determinants of Household Decision Making in Chinese Rural Migrant Families
In: Sage open, Band 10, Heft 4
ISSN: 2158-2440
Family migration is a common integration process for rural migrants in contemporary China. However, discussions on intra-household decision making in dual-earner migrant families are limited. This study aims to address this gap. The data set from the Rural Urban Migration in China (RUMiC2008–2010) is employed to explore the determinants of household decision making. In addition, logit regression is performed to estimate the probability of wives acting as head of the household under different specifications, and the Blinder–Oaxaca–Fairlie decomposition is utilized to discuss gender differentials in decision-making responsibilities. Income and migration duration differentials between a wife and husband have important influences on the probability of being responsible for household decision making. The squared terms of wives' and husbands' income have inverted effects. The gender gap between household decision makers can be largely attributed to structural factors rather than observable characteristics, though bargaining power acts as the main contributor in explained parts. Bargaining theory can account for the probability of wives becoming the household decision maker, and the claim of the specialization approach is also confirmed. Gender inequality among household decision makers is largely attributed to structural factors, such as cultural/social norms, obstacles, or gender discrimination. The establishment of long-term effective mechanisms to improve employment quality for female migrants, the supply of basic public services, and protection of women's legal rights in the household should be strengthened in the future to elevate the status of female migrants.
The Effect of Institutional Investors on Financial Reporting Comparability in the U.S.: Evidence from Common Institutional Blockholders
In: Singapore Management University School of Accountancy Research Paper No. 2023-162
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Working paper
Shareholder Litigation and Corporate Disclosure: Evidence From Derivative Lawsuits
In: Journal of Accounting Research, Band 56, Heft 3
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Do Firms Respond to Peer Disclosures? Evidence from Disclosures of Clinical Trial Results
In: Singapore Management University School of Accountancy Research Paper No. 2019-102
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Working paper
Major government customers and loan contract terms
We examine the relation between the presence of U.S. government as a major customer and a supplier firm's loan contract terms, using major corporate customers as a benchmark. We find that firms with major government customers are associated with fewer covenants and a lower likelihood of having performance pricing provisions in their loan contracts. In contrast, we do not find such associations for firms with major corporate customers. Further, we find no evidence that the existence of major government customers is related to the supplier firm's loan spread, security, or maturity. We conjecture that lenders benefit from the stricter monitoring of the government as a major customer and thus use fewer covenants and performance pricing provisions when lending to firms with major government customers than when lending to those with major corporate customers. We provide evidence consistent with this conjecture.
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Major Government Customers and Loan Contract Terms
In: HEC Paris Research Paper No. ACC-2016-1179
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Working paper
Major government customers and loan contract terms
This study examines how a firm's business relationship with the U.S. government, in particular, sales to the government, impacts its loan contract terms and how the effect is different from that of major corporate customers. We find that firms with major government customers have a lower number of covenants and are less likely to have performance pricing provisions in their loan contracts than other firms, whereas major corporate customers do not have such impacts. We do not find evidence that major government customers affect the supplier firm's loan spread, security, or maturity. We conjecture that lenders benefit from the strict monitoring activities of the government customer and reduce the use of covenants and performance pricing in loan contracts when the borrowing firm has a government customer.
BASE
Accounting Quality and Debt Concentration
In: Ningzhong Li, Yun Lou, Clemens A Otto, and Regina Wittenberg-Moerman (2020) Accounting Quality and Debt Concentration. The Accounting Review. DOI/10.2308/tar-2017-0250, Forthcoming
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Working paper
Gender bias in team-building activities in China
In: Gender in management: an international journal, Band 36, Heft 7, S. 858-877
ISSN: 1754-2421
Purpose
The purpose of this study is to explore how gender influences peer assessment in team-building activities in China.
Design/methodology/approach
A nine-player Werewolf game was adopted to conduct the experiment. Nine abilities were defined to evaluate players' performances. Before the game, players filled out a self-assessment questionnaire (five-point Likert scale). After the game, players evaluated other game members' performances using the same questionnaire. Data were analyzed using linear regression.
Findings
The results showed that gender bias clearly existed in team-building activities, with men more likely to receive better peer assessment than women. In addition, when women presented themselves as actively as men did, they received less favorable evaluations than men, whereas their failures were more likely to be exaggerated.
Practical implications
This study may help build harmonious teams for gender equality, and we give practical suggestions respectively from the perspective of female employees, their managers, and their companies.
Originality/value
Given the importance of team-building activities in teamwork, fair evaluations of team-building performances are essential. However, gender influences on peer assessment in team-building activities in China remain unclear. This study adds new and important knowledge to research on gender bias in teams.
Chemical content and source apportionment of 36 heavy metal analysis and health risk assessment in aerosol of Beijing
In: Environmental science and pollution research: ESPR, Band 27, Heft 7, S. 7005-7014
ISSN: 1614-7499