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《Finance & Economics》 2010-02
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Earnings Management,Support,and Connected Transaction:Empirical Evidence from Listed Companies with Rights Offering

Gao Lei1 Song Shunlin2  
Based on the sample of 373 listed companies with rights offering,this paper empirically investigates the relationship among connected transaction,support and earnings management,and finds that holding shareholders support listed companies with higher performance before rights offering. And it reports that connected transaction of purchase and sale is negatively correlated with discretionary accruals as well as items below the line,and the negative correlation between connected transaction of purchase and sale and items below the line is more significant for companies with the motive for rights offering.
【Fund】: 江苏省高校哲社研究重大项目(08SJB6300021);; 教育部人文社科研究项目(08JC630047);; 江苏省“青蓝工程”项目(苏教师〔2008〕30号)资助成果
【CateGory Index】: F832.51
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【Citations】
Chinese Journal Full-text Database 3 Hits
1 LEI GAO SHAOHUA HE ZHIZHONG HUANG(Shantou University);Corporate Governance and Tunneling[J];China Economic Quarterly;2006-03
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【Co-citations】
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1 YANG Lei,LU Rui(Guangzhou City Polytechnic,Guangzhou 510405;Sun Yat-sen University,Guangzhou 510275,China);Independent Director and Executive Salary:Empirical Evidences from China’s Security Market[J];Contemporary Finance & Economics;2009-05
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