A_H Stock Dual Reporting Differences and Corporate Governance

Author: Wang Liyan
Publisher:
Publish Date: 2005-03-01
Features: The author of this book employs empirical analytical methods, focusing on the relationship between corporate governance and accounting information quality. Specifically, the study investigates the differences in net profit reported in financial statements by companies listed on both the A-share and H-share markets in mainland China and Hong Kong, as well as the reasons for these differences and their relationship with corporate governance characteristics. The topic and research conclusions of this book expand the accounting research based on capital markets in China, enrich the domestic accounting community's understanding of dual reporting of accounting information, and provide empirical evidence for China's policy-making in regulatory markets, consolidating intermediary organizations, improving corporate governance, and curbing accounting information distortion. The literature review is relatively comprehensive, and the data, test results, and computational results used are reliable. Multiple quantitative methods are applied to verify the same theme, yielding meaningful conclusions. The research findings support the positive role of optimal governance features such as board independence and auditor independence in reducing the dual reporting differences between A-share and H-share accounting information. These empirical evidences also hold policy reference significance for domestic listed companies in establishing an independent director system.