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- W2354905703 abstract "From the perspective of corporate information disclosures,the paper researches the effectiveness of reputation mechanism and the influence of nature of corporate actual controllers on effectiveness.We find that good reputation induces high-quality information disclosure,but this effect is influenced by the nature of actual controller of the corporate.State-owned enterprises (SOEs) pay more attention to maintaining their reputations than private enterprises do,so reputation mechanism is more effective for SOEs than that for private enterprises.These results provide empirical evidence for the effectiveness of reputation mechanism,and prove that formal system(nature of actual controller) can influence the effectiveness of informal system(reputation mechanism)." @default.
- W2354905703 created "2016-06-24" @default.
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- W2354905703 date "2011-01-01" @default.
- W2354905703 modified "2023-09-27" @default.
- W2354905703 title "Nature of Actual Controllers and Effectiveness of Reputation Mechanism——Evidence from the Perspective of Corporate Information Disclosures" @default.
- W2354905703 hasPublicationYear "2011" @default.
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