{"id":"https://openalex.org/W2052906241","doi":"https://doi.org/10.1016/j.cjar.2013.04.001","title":"Determinants and features of voluntary disclosure in the Chinese stock market","display_name":"Determinants and features of voluntary disclosure in the Chinese stock market","publication_year":2013,"publication_date":"2013-10-11","ids":{"openalex":"https://openalex.org/W2052906241","doi":"https://doi.org/10.1016/j.cjar.2013.04.001","mag":"2052906241"},"language":"en","primary_location":{"id":"doi:10.1016/j.cjar.2013.04.001","doi":"https://doi.org/10.1016/j.cjar.2013.04.001","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.cjar.2013.04.001","pdf_url":null,"source":{"id":"https://openalex.org/S2764806082","display_name":"China Journal of Accounting Research","issn_l":"1755-3091","issn":["1755-3091","2214-1421"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","doaj","poland-70"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"China Journal of Accounting Research","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://doi.org/10.1016/j.cjar.2013.04.001","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Yang Lan","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Yang Lan","raw_affiliation_strings":["Credit Suisse (Hong Kong) Limited, Hong Kong, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Credit Suisse (Hong Kong) Limited, Hong Kong, China","institution_ids":[]}]},{"author_position":"middle","author":{"id":null,"display_name":"Lili Wang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I99065089","display_name":"Tsinghua University","ror":"https://ror.org/03cve4549","country_code":"CN","type":"education","lineage":["https://openalex.org/I99065089"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lili Wang","raw_affiliation_strings":["School of Economics and Management, Tsinghua University, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Tsinghua University, China","institution_ids":["https://openalex.org/I99065089"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101729849","display_name":"Xueyong Zhang","orcid":"https://orcid.org/0000-0002-1644-0671","observed_orcids":["https://orcid.org/0000-0002-1644-0671"]},"institutions":[{"id":"https://openalex.org/I137867983","display_name":"Central University of Finance and Economics","ror":"https://ror.org/008e3hf02","country_code":"CN","type":"education","lineage":["https://openalex.org/I137867983"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xueyong Zhang","raw_affiliation_strings":["School of Finance, Central University of Finance and Economics, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Finance, Central University of Finance and Economics, China","institution_ids":["https://openalex.org/I137867983"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5101729849"],"corresponding_institution_ids":["https://openalex.org/I137867983"],"apc_list":{"value":1800,"currency":"USD","value_usd":1800},"apc_paid":{"value":1800,"currency":"USD","value_usd":1800},"fwci":20.664,"has_fulltext":false,"cited_by_count":130,"citation_normalized_percentile":{"value":0.98988437,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"6","issue":"4","first_page":"265","last_page":"285"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.003100000089034438,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":0.0017000000225380063,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/voluntary-disclosure","display_name":"voluntary disclosure","score":0.9990000128746033},{"id":"https://openalex.org/keywords/chinese-listed-companies","display_name":"Chinese listed companies","score":0.7009999752044678},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.8669999837875366},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.9710000157356262},{"id":"https://openalex.org/keywords/assets-in-place","display_name":"assets in place","score":0.8560000061988831},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":0.9929999709129333},{"id":"https://openalex.org/keywords/auditor-type","display_name":"auditor type","score":0.9539999961853027},{"id":"https://openalex.org/keywords/state-ownership","display_name":"state ownership","score":0.6470000147819519},{"id":"https://openalex.org/keywords/cost-of-equity","display_name":"cost of equity","score":0.8009999990463257},{"id":"https://openalex.org/keywords/disclosure-determinants","display_name":"determinants of disclosure","score":0.550000011920929},{"id":"https://openalex.org/keywords/legal-environment","display_name":"legal environment","score":0.7900000214576721},{"id":"https://openalex.org/keywords/shanghai-and-shenzhen-stock-markets","display_name":"Shanghai and Shenzhen stock markets","score":0.7440000176429749}],"concepts":[{"id":"https://openalex.org/C2779055846","wikidata":"https://www.wikidata.org/wiki/Q7940976","display_name":"Voluntary disclosure","level":2,"score":0.8066446185112},{"id":"https://openalex.org/C168725872","wikidata":"https://www.wikidata.org/wiki/Q991663","display_name":"Sophistication","level":2,"score":0.7485763430595398},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7157340049743652},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.5785200595855713},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5553615093231201},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.5512166023254395},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5040296912193298},{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.4495212435722351},{"id":"https://openalex.org/C26077564","wikidata":"https://www.wikidata.org/wiki/Q1910318","display_name":"Turnover","level":2,"score":0.4215567111968994},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4135134816169739},{"id":"https://openalex.org/C2776809875","wikidata":"https://www.wikidata.org/wiki/Q1375963","display_name":"Converse","level":2,"score":0.4121185839176178},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.1971096396446228},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.cjar.2013.04.001","doi":"https://doi.org/10.1016/j.cjar.2013.04.001","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.cjar.2013.04.001","pdf_url":null,"source":{"id":"https://openalex.org/S2764806082","display_name":"China Journal of Accounting Research","issn_l":"1755-3091","issn":["1755-3091","2214-1421"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","doaj","poland-70"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"China Journal of Accounting Research","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:920f8d13cf34434e91389ef6ed952e2e","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/920f8d13cf34434e91389ef6ed952e2e","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"China Journal of Accounting Research, Vol 6, Iss 4, Pp 265-285 (2013)","raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/187597","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/187597","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},{"id":"mag:3145446309","doi":null,"is_oa":false,"landing_page_url":"http://www.cqvip.com/QK/71987X/201304/67746582504849514852484851.html","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"doi:10.1016/j.cjar.2013.04.001","doi":"https://doi.org/10.1016/j.cjar.2013.04.001","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.cjar.2013.04.001","pdf_url":null,"source":{"id":"https://openalex.org/S2764806082","display_name":"China Journal of Accounting Research","issn_l":"1755-3091","issn":["1755-3091","2214-1421"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","doaj","poland-70"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"China Journal of Accounting Research","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G5819427355","display_name":"\u5168\u6d41\u901a\u65f6\u4ee3\u4e2d\u56fd\u4e0a\u5e02\u516c\u53f8\u63a7\u5236\u6743\u4ef7\u503c\u4e0e\u63a7\u5236\u6743\u5e02\u573a\u7814\u7a76","funder_award_id":"71003113","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320321599","display_name":"Central University of Finance and Economics","ror":"https://ror.org/008e3hf02"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":52,"referenced_works":["https://openalex.org/W192539603","https://openalex.org/W1526206440","https://openalex.org/W1590979589","https://openalex.org/W1593455549","https://openalex.org/W1964095394","https://openalex.org/W1985185334","https://openalex.org/W1989838977","https://openalex.org/W1991268978","https://openalex.org/W1992437542","https://openalex.org/W2000578291","https://openalex.org/W2008761026","https://openalex.org/W2028350485","https://openalex.org/W2034875719","https://openalex.org/W2048775211","https://openalex.org/W2060596342","https://openalex.org/W2062843235","https://openalex.org/W2063198177","https://openalex.org/W2064964920","https://openalex.org/W2069015616","https://openalex.org/W2069712330","https://openalex.org/W2069772414","https://openalex.org/W2071659625","https://openalex.org/W2075151096","https://openalex.org/W2075911810","https://openalex.org/W2085538322","https://openalex.org/W2087262284","https://openalex.org/W2090815169","https://openalex.org/W2091901314","https://openalex.org/W2094863662","https://openalex.org/W2094986582","https://openalex.org/W2096155680","https://openalex.org/W2101919370","https://openalex.org/W2119956113","https://openalex.org/W2123871044","https://openalex.org/W2124143065","https://openalex.org/W2129744895","https://openalex.org/W2134713008","https://openalex.org/W2137934460","https://openalex.org/W2151475368","https://openalex.org/W2154187126","https://openalex.org/W2169400219","https://openalex.org/W2170954613","https://openalex.org/W2172009909","https://openalex.org/W2262240368","https://openalex.org/W2752617332","https://openalex.org/W3121759882","https://openalex.org/W3122419220","https://openalex.org/W3123180589","https://openalex.org/W3123443149","https://openalex.org/W3125994041","https://openalex.org/W3126017435","https://openalex.org/W4245045968"],"related_works":["https://openalex.org/W1991268978","https://openalex.org/W2038080537","https://openalex.org/W3000422388","https://openalex.org/W2378306345","https://openalex.org/W2363298199","https://openalex.org/W2022307659","https://openalex.org/W2144215390","https://openalex.org/W2268244778","https://openalex.org/W48591808","https://openalex.org/W104035315"],"abstract_inverted_index":{"This":[0,32],"paper":[1],"offers":[2],"in-depth":[3],"analysis":[4,103],"of":[5,10,20,38,74,78,118,122],"the":[6,17,26,72,79,116],"determinants":[7],"and":[8,28,60,64,71,81,98],"features":[9],"voluntary":[11,48,99],"disclosure":[12,49,109],"based":[13],"on":[14,25,62],"information":[15],"in":[16,42,50,113,115],"annual":[18],"reports":[19],"1066":[21],"Chinese":[22],"firms":[23],"listed":[24],"Shanghai":[27],"Shenzhen":[29],"Stock":[30],"Exchanges.":[31],"extensive":[33,108],"sample":[34],"represents":[35],"about":[36],"80%":[37],"all":[39],"public":[40,111],"companies":[41,112],"China.":[43],"Our":[44],"findings":[45],"suggest":[46,90],"that":[47,107],"China":[51,114],"is":[52,65],"positively":[53],"related":[54,67],"to":[55,68,89],"firm":[56],"size,":[57],"leverage,":[58],"assets-in-place,":[59],"return":[61],"equity":[63],"negatively":[66],"auditor":[69],"type":[70],"level":[73],"maturity":[75],"or":[76],"sophistication":[77],"intermediary":[80],"legal":[82],"environments.":[83],"We":[84],"also":[85],"find":[86],"some":[87],"evidence":[88,106],"a":[91,119],"quadratic":[92],"convex":[93],"association":[94],"between":[95],"state":[96],"ownership":[97],"disclosure.":[100],"However,":[101],"our":[102],"provides":[104],"no":[105],"benefits":[110],"form":[117],"lower":[120],"cost":[121],"equity.":[123]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":12},{"year":2023,"cited_by_count":18},{"year":2022,"cited_by_count":17},{"year":2021,"cited_by_count":15},{"year":2020,"cited_by_count":19},{"year":2019,"cited_by_count":11},{"year":2018,"cited_by_count":10},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":7}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
