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New and future research in corporate finance and governance in China and emerging markets

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  • Cumming, Douglas
  • Verdoliva, Vincenzo
  • Zhan, Feng

Abstract

This paper briefly surveys the literature on finance, growth, and policy in China and emerging markets. We introduce the papers that comprise this special issue of Emerging Markets Review. The papers comprise themes in corporate social responsibility, innovation, insider trading, financial reporting behaviours, and financial openness. Also, we discuss research trends and offer suggestions for future research on corporate governance and finance in China and emerging markets.

Suggested Citation

  • Cumming, Douglas & Verdoliva, Vincenzo & Zhan, Feng, 2021. "New and future research in corporate finance and governance in China and emerging markets," Emerging Markets Review, Elsevier, vol. 46(C).
    • Handle: RePEc:eee:ememar:v:46:y:2021:i:c:s1566014120306014
    DOI: 10.1016/j.ememar.2020.100792
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    References listed on IDEAS

    as
    1. Lin, Karen Jingrong & Tan, Jinsong & Zhao, Liming & Karim, Khondkar, 2015. "In the name of charity: Political connections and strategic corporate social responsibility in a transition economy," Journal of Corporate Finance, Elsevier, vol. 32(C), pages 327-346.
    2. Wong, T. J., 2016. "Corporate Governance Research on Listed Firms in China: Institutions, Governance and Accountability," Foundations and Trends(R) in Accounting, now publishers, vol. 9(4), pages 259-326, March.
    3. Fuxiu Jiang & Kenneth A Kim, 2020. "Corporate Governance in China: A Survey [The role of boards of directors in corporate governance: a conceptual framework and survey]," Review of Finance, European Finance Association, vol. 24(4), pages 733-772.
    4. Randall Morck & Bernard Yeung, 2014. "Corporate Governance in China," Journal of Applied Corporate Finance, Morgan Stanley, vol. 26(3), pages 20-41, September.
    5. Jiandong Chen & Douglas Cumming & Wenxuan Hou & Edward Lee, 2016. "CEO Accountability for Corporate Fraud: Evidence from the Split Share Structure Reform in China," Journal of Business Ethics, Springer, vol. 138(4), pages 787-806, November.
    6. Marc Zenner & Peter McInnes & Ram Chivukula & Phu Le, 2016. "A Primer on the Financial Policies of Chinese Firms: A Multi-country Comparison," Journal of Applied Corporate Finance, Morgan Stanley, vol. 28(4), pages 86-94, December.
    7. Douglas Cumming & Robert Dixon & Wenxuan Hou & Edward Lee, 2016. "Media coverage and foreign share discount puzzle in China," The European Journal of Finance, Taylor & Francis Journals, vol. 22(4-6), pages 393-412, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Ahmed Aboud & Ahmed Diab, 2022. "Ownership Characteristics and Financial Performance: Evidence from Chinese Split-Share Structure Reform," Sustainability, MDPI, vol. 14(12), pages 1-18, June.
    2. Ferrat, Yann & Daty, Frédéric & Burlacu, Radu, 2022. "Does a sustainability risk premium exist where it matters the most?," Emerging Markets Review, Elsevier, vol. 53(C).
    3. Khoo, Joye & (Wai Kong) Cheung, Adrian, 2022. "Managerial ability and debt maturity," Journal of Contemporary Accounting and Economics, Elsevier, vol. 18(1).

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    More about this item

    Keywords

    China; Emerging markets; Finance; Growth; Policy;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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