Liang, Shangkun; Jiang, Yanfeng; Yu, Junli; Xu, Wei - In: China journal of accounting studies 9 (2021) 4, pp. 469-489
of stock price crashes. Moreover, we investigate potential factors such as internal control, operational performance, and … split-share reforms, that may affect the aforementioned relationship. A high level of internal control and good operational … performance will weaken the relationship, and the relationship is stronger before split-share reforms. The findings of this study …