Alternative Governance and Corporate Financial Fraud in Transition Economies: Evidence From China (Record no. 52800)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 02410nam a2200205 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20191118172054.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 191118b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Yiu, Daphne W. |
| 9 (RLIN) | 34924 |
| 245 ## - TITLE STATEMENT | |
| Title | Alternative Governance and Corporate Financial Fraud in Transition Economies: Evidence From China |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 2685-2720 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | How corporate governance mechanisms function in transition economies is a key topic for corporate governance researchers and policy makers. We propose that alternative governance mechanisms are in place to mitigate corporate fraudulent behaviors in the fluid state of transition economies where the establishment and enforcement of corporate governance legislation are presently insufficient. Drawing on the twin set of institutional logics—the institutional embeddedness logic and the institutional substitution logic—we posit that three salient types of prevailing alternative governance mechanisms (relational, administrative, and foreign governance) play important roles in transition economies because they are complementary to the institutional conditions at the time of the transition process. Conducting a bivariate probit analysis of a matched sample of corporate financial fraud cases in China, we find that strategic alliances, business group affiliation, nontradable state shares, local government ownership, use of foreign auditors, and foreign listing can deter corporate financial fraud, while foreign listing is also effective in detecting fraud. We also find that the deterrence effects of strategic alliances and business group affiliation become weaker as law development improves, while foreign listing and legal governance are completely substitutive. Our study provides a contextualized view of corporate governance that connects its effectiveness with institutionalization and the institutional state of a country. Our study also enriches our understanding of some unfamiliar forms of governance mechanisms that are in place and complementary to a country’s institutional conditions |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | corporate governance |
| Uncontrolled term | corporate fraud |
| Uncontrolled term | institutional embeddedness |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Wan, William P. |
| 9 (RLIN) | 34925 |
| Personal name | Xu, Yuehua |
| 9 (RLIN) | 34926 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29017 |
| Host Itemnumber | 77320 |
| Main entry heading | DEBORAH E. RUPP |
| Place, publisher, and date of publication | WEST LAFAYETTE SAGE PUBLICATION 2012 |
| Other item identifier | 55511131 |
| Title | JOURNAL OF MANAGEMENT |
| International Standard Serial Number | 0149-2063 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 18/11/2019 | Vol 45, Issue 7 /55511131JA3 | 55511131JA3 | 18/11/2019 | 18/11/2019 |