Chinese Management Studies: Volume 9 Issue 3

Guest Editor foreword

Yuanhui Li, John Ferguson

The purpose of the papers included in this issue is to cover a broad range of contemporary issues in Chinese corporate financial management and therefore provide the readers with…

A sociological theory of corporate finance: Societal responsibility and cost of equity in China

Yuanhui Li, Check Teck Foo

The paper aims to investigate the relationship between social responsibility and equity in China. In the process, the authors utilize data on corporate social responsibility (CSR…

Reexamination of the insurance-like effect of corporate social responsibility: Empirical evidence from China-listed companies

Shou-Lin Yang, Yung-Ming Shiu, Tsung-Chi Liu

The purpose of this paper is to re-examine the statement of Peloza (2006) that enterprise corporate social responsibility (CSR) investment provides a protection efficacy similar…

Competition in corporate philanthropic disaster giving: Balancing between giving timing and amount

Yongqiang Gao, Taïeb Hafsi

The purpose of this study is to demonstrate how firms compete with each other in philanthropic giving in the context of a natural disaster. In particular, the authors want to…

Dynamics between currency and equity in Chinese markets

Muhammad Aftab, Rubi Ahmad, Izlin Ismail

This study aims to examine the dynamics between exchange rate and equities contextualizing the current liberal currency regime in China. This investigation also extends the…

How strategy changes in different monetary policy conditions: An empirical test in China

Yan Yang, Fengli Wang, Shou Chen

The paper aims to address how firms make strategic adjustment to the changing resource availability in different monetary policy conditions and how the stickiness of cost…

The long-term performance of cross-border mergers and acquisitions: Evidence from the Chinese stock market

Sai Lan, Fan Yang, Hong Zhu

– The purpose of this paper is to examine Chinese firms’ long-term value creation derived from cross-border mergers and acquisitions (CBMAs).

Business strategy, market competition and earnings management: Evidence from China

Peng Wu, Lei Gao, Tingting Gu

– The purpose of this study is to explore the relationships among business strategy, market competition and earnings management.

Mandatory and voluntary information disclosure and the effects on financial analysts: Evidence from China

Shengnian Wang, Liang Han, Weiting Gao

This paper aims to make a comparison, different from existing literature solely focusing on voluntary earnings forecasts and ex post earnings surprise, between the effects of…

The moderating effect of social capital and cosmopolitanism on marketing capabilities: A comparison of Chinese and Korean companies

Chang-Hyun Jin

The aim of this study was to examine the role of top management’s social capital – focusing on specific components of social capital – in shaping a company’s marketing…

Managing the sociology of finance

Check Teck Foo