Earnings Quality of Firms with Foreign Ownership: Evidence from China

• Main Authors: Huan-Yu Lu, 呂煥玉
• Other Authors: Hueiling Chen
• Format: Others
• Language: en_US
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/85389198097174169420

碩士 === 國立臺灣師範大學 === 管理研究所 === 101 === The objective of this study is to examine whether Chinese listed firms with foreign ownership have superior earnings quality than other firms without foreign ownership. Furthermore, we examine how board structure affects the earnings quality.In this paper, we focus on A-shares of listed companies from 2006-2010. The empirical results indicate that firms with foreign ownership have better earnings quality than those without foreign ownership. We also find that the earnings quality of firms with large board is better than that of firms with small board. Despite lacking of significance, the appointment of foreign director may have positive impact on earnings quality. Overall, the earnings quality is high for firms with foreign ownership.