Impact of non-state-owned shareholders’ governance on the earnings quality of state-owned enterprises

Rui Ying, Ying Shu, Xiuli Wang and Qiong Wu

Finance Research Letters, 2025, vol. 73, issue C

Abstract: This study examines how non-state shareholders enhance earnings quality in China's state-owned enterprises. Using data from Shanghai and Shenzhen listed firms (2009–2020), we find that non-state shareholders significantly improve financial reporting by strengthening governance and internal controls. The effect is more pronounced in less marketized regions and firms not audited by the “Big Four,” addressing challenges posed by excessive earnings management.

Keywords: Corporate earnings quality; Non-state shareholders (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S154461232401688X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:73:y:2025:i:c:s154461232401688x

DOI: 10.1016/j.frl.2024.106659

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().