PhD proposal presentation by Yun Ren
ECU's School of Accounting, Finance and Economics invites you to attend a PhD Proposal Presentation by Yun Ren:
Corporate governance, conservatism and firm performance: Evidence from China
The purpose of this paper is to examine the relationship among corporate governance and firm performance. Previous studies based on developed markets have suggested that conservatism can reduce agency conflict. However, corporate governance in China is different from that in developed countries, with most firms controlled by the state. Therefore, the role of conservatism on corporate governance is examined in Chinese listed companies.
Two approaches - Basu's (1997) asymmetric timeliness model and accrual-based method from Givoly and Hayn (2000) - will be adopted to measure conservatism. For ownership structure, the effects of ownership concentration and state-owned shares will be examined. In terms of characteristics of board of directors, board independence, board size, board meetings, CEO-duality and top management turnover will be identified. The characteristics of supervisory board involve independence, size, meetings and qualification of supervisory board.
Due to the announcement of new accounting standards in 2006 which are different from old ones, this paper will employ panel data of Chinese listed companies from 2007 to 2010. Accounting information of the variables will be extracted from annual reports of listed companies.
Supervisors: Professor Malcolm Smith and Dr Zubaidah Ismail
Date: Monday 23 January
Time: 9.30 am
Location: ECU, Jooondalup campus, building 2, room 443. Joondalup campus map.
For more information contact Bev Lurie, or phone (08) 6304 5237.