{"id":"https://openalex.org/W3017306331","doi":"https://doi.org/10.1016/j.pacfin.2020.101331","title":"Why are some Chinese firms failing in the US capital markets? A machine learning approach","display_name":"Why are some Chinese firms failing in the US capital markets? A machine learning approach","publication_year":2020,"publication_date":"2020-04-16","ids":{"openalex":"https://openalex.org/W3017306331","doi":"https://doi.org/10.1016/j.pacfin.2020.101331","mag":"3017306331"},"language":"en","primary_location":{"id":"doi:10.1016/j.pacfin.2020.101331","doi":"https://doi.org/10.1016/j.pacfin.2020.101331","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.pacfin.2020.101331","pdf_url":null,"source":{"id":"https://openalex.org/S29049940","display_name":"Pacific-Basin Finance Journal","issn_l":"0927-538X","issn":["0927-538X","1879-0585"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"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":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Pacific-Basin Finance Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://sro.sussex.ac.uk/id/eprint/104489/5/Chinese_Firms_ML_Final.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5019087375","display_name":"G\u00f6n\u00fcl \u00c7olak","orcid":"https://orcid.org/0000-0003-4407-176X","observed_orcids":["https://orcid.org/0000-0003-4407-176X"]},"institutions":[{"id":"https://openalex.org/I5085271","display_name":"Hanken School of Economics","ror":"https://ror.org/026086s92","country_code":"FI","type":"education","lineage":["https://openalex.org/I5085271"]}],"countries":["FI"],"is_corresponding":false,"raw_author_name":"Gonul Colak","raw_affiliation_strings":["Hanken School of Economics, Helsinki, Finland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hanken School of Economics, Helsinki, Finland","institution_ids":["https://openalex.org/I5085271"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5045792040","display_name":"Mengchuan Fu","orcid":"https://orcid.org/0000-0001-7363-7385","observed_orcids":["https://orcid.org/0000-0001-7363-7385"]},"institutions":[{"id":"https://openalex.org/I164389053","display_name":"Fordham University","ror":"https://ror.org/03qnxaf80","country_code":"US","type":"education","lineage":["https://openalex.org/I164389053"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Mengchuan Fu","raw_affiliation_strings":["Fordham University, New York, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fordham University, New York, USA","institution_ids":["https://openalex.org/I164389053"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5029439630","display_name":"Iftekhar Hasan","orcid":"https://orcid.org/0000-0003-2469-0539","observed_orcids":["https://orcid.org/0000-0003-2469-0539"]},"institutions":[{"id":"https://openalex.org/I129604602","display_name":"The University of Sydney","ror":"https://ror.org/0384j8v12","country_code":"AU","type":"education","lineage":["https://openalex.org/I129604602"]},{"id":"https://openalex.org/I164389053","display_name":"Fordham University","ror":"https://ror.org/03qnxaf80","country_code":"US","type":"education","lineage":["https://openalex.org/I164389053"]},{"id":"https://openalex.org/I181188550","display_name":"Bank of Finland","ror":"https://ror.org/04j3r8z61","country_code":"FI","type":"education","lineage":["https://openalex.org/I181188550"]}],"countries":["AU","FI","US"],"is_corresponding":true,"raw_author_name":"Iftekhar Hasan","raw_affiliation_strings":["Fordham University, Bank of Finland and University of Sydney, 45 Columbus Avenue, Room 511, New York, NY 10023, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fordham University, Bank of Finland and University of Sydney, 45 Columbus Avenue, Room 511, New York, NY 10023, USA","institution_ids":["https://openalex.org/I129604602","https://openalex.org/I164389053","https://openalex.org/I181188550"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5029439630"],"corresponding_institution_ids":["https://openalex.org/I129604602","https://openalex.org/I164389053","https://openalex.org/I181188550"],"apc_list":{"value":1980,"currency":"USD","value_usd":1980},"apc_paid":null,"fwci":2.7907,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.90465665,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"61","issue":null,"first_page":"101331","last_page":"101331"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.5336999893188477,"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/T10019","display_name":"Corporate Finance and Governance","score":0.5336999893188477,"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/T10047","display_name":"Financial Markets and Investment Strategies","score":0.3698999881744385,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.025499999523162842,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/chinese-firms","display_name":"Chinese enterprises","score":0.6930000185966492},{"id":"https://openalex.org/keywords/us-stock-market","display_name":"US stock market","score":0.6740000247955322},{"id":"https://openalex.org/keywords/ipo-underpricing","display_name":"IPO underpricing","score":0.6340000033378601},{"id":"https://openalex.org/keywords/underwriters","display_name":"underwriters","score":0.45100000500679016},{"id":"https://openalex.org/keywords/principal-agent-problem","display_name":"principal-agent problem","score":0.7429999709129333},{"id":"https://openalex.org/keywords/ownership-structure","display_name":"ownership structure","score":0.6549999713897705},{"id":"https://openalex.org/keywords/cross-listing","display_name":"cross-listing","score":0.5180000066757202}],"concepts":[{"id":"https://openalex.org/C12559387","wikidata":"https://www.wikidata.org/wiki/Q185142","display_name":"Initial public offering","level":2,"score":0.7194213271141052},{"id":"https://openalex.org/C2778136018","wikidata":"https://www.wikidata.org/wiki/Q10350689","display_name":"Predictive power","level":2,"score":0.6569583415985107},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5868567824363708},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5147257447242737},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.49165016412734985},{"id":"https://openalex.org/C151956035","wikidata":"https://www.wikidata.org/wiki/Q1132755","display_name":"Logistic regression","level":2,"score":0.4320673644542694},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24563685059547424},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.2400268018245697},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.16361463069915771},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1016/j.pacfin.2020.101331","doi":"https://doi.org/10.1016/j.pacfin.2020.101331","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.pacfin.2020.101331","pdf_url":null,"source":{"id":"https://openalex.org/S29049940","display_name":"Pacific-Basin Finance Journal","issn_l":"0927-538X","issn":["0927-538X","1879-0585"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"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":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Pacific-Basin Finance Journal","raw_type":"journal-article"},{"id":"pmh:oai:sro.sussex.ac.uk:104489","doi":null,"is_oa":true,"landing_page_url":"http://sro.sussex.ac.uk/id/eprint/104489/5/Chinese_Firms_ML_Final.pdf","pdf_url":"http://sro.sussex.ac.uk/id/eprint/104489/5/Chinese_Firms_ML_Final.pdf","source":{"id":"https://openalex.org/S4306400129","display_name":"Sussex Research Online (University of Sussex)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I162608824","host_organization_name":"University of Sussex","host_organization_lineage":["https://openalex.org/I162608824"],"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":"Article"},{"id":"pmh:oai:RePEc:eee:pacfin:v:61:y:2020:i:c:s0927538x20300822","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0927538X20300822","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:figshare.com:article/23487557","doi":null,"is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/Why_are_some_Chinese_firms_failing_in_the_US_capital_markets_A_machine_learning_approach/23487557","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"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":"Text"},{"id":"pmh:oai:helda.helsinki.fi:10227/511078","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10227/511078","pdf_url":null,"source":{"id":"https://openalex.org/S4210213322","display_name":"Ty\u00f6v\u00e4entutkimus Vuosikirja","issn_l":"0784-1272","issn":["0784-1272","1459-7780"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["ddh","jufo-1"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Article"}],"best_oa_location":{"id":"pmh:oai:sro.sussex.ac.uk:104489","doi":null,"is_oa":true,"landing_page_url":"http://sro.sussex.ac.uk/id/eprint/104489/5/Chinese_Firms_ML_Final.pdf","pdf_url":"http://sro.sussex.ac.uk/id/eprint/104489/5/Chinese_Firms_ML_Final.pdf","source":{"id":"https://openalex.org/S4306400129","display_name":"Sussex Research Online (University of Sussex)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I162608824","host_organization_name":"University of Sussex","host_organization_lineage":["https://openalex.org/I162608824"],"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":"Article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":90,"referenced_works":["https://openalex.org/W348303263","https://openalex.org/W1491867255","https://openalex.org/W1605035682","https://openalex.org/W1606360421","https://openalex.org/W1678356000","https://openalex.org/W1866851680","https://openalex.org/W1969632991","https://openalex.org/W1981566670","https://openalex.org/W1986820532","https://openalex.org/W1999918735","https://openalex.org/W2016816440","https://openalex.org/W2019712056","https://openalex.org/W2023445141","https://openalex.org/W2034033306","https://openalex.org/W2034539537","https://openalex.org/W2053074030","https://openalex.org/W2063213596","https://openalex.org/W2066599086","https://openalex.org/W2069324329","https://openalex.org/W2073488258","https://openalex.org/W2085162670","https://openalex.org/W2088883866","https://openalex.org/W2089858078","https://openalex.org/W2093845424","https://openalex.org/W2096087337","https://openalex.org/W2096381076","https://openalex.org/W2117777479","https://openalex.org/W2118324571","https://openalex.org/W2120898007","https://openalex.org/W2126546112","https://openalex.org/W2127104217","https://openalex.org/W2128023420","https://openalex.org/W2134391930","https://openalex.org/W2135808032","https://openalex.org/W2136491889","https://openalex.org/W2139410222","https://openalex.org/W2141433594","https://openalex.org/W2141807369","https://openalex.org/W2142756864","https://openalex.org/W2146329570","https://openalex.org/W2148198877","https://openalex.org/W2148402268","https://openalex.org/W2158280495","https://openalex.org/W2158698691","https://openalex.org/W2164795326","https://openalex.org/W2167521031","https://openalex.org/W2551317447","https://openalex.org/W2595579344","https://openalex.org/W2602376258","https://openalex.org/W2606315156","https://openalex.org/W2606922751","https://openalex.org/W2610886376","https://openalex.org/W2626475703","https://openalex.org/W2736683409","https://openalex.org/W2795330795","https://openalex.org/W2890416412","https://openalex.org/W2902243891","https://openalex.org/W2904952155","https://openalex.org/W2922705140","https://openalex.org/W2952563653","https://openalex.org/W2955333978","https://openalex.org/W3121299736","https://openalex.org/W3121410632","https://openalex.org/W3121415401","https://openalex.org/W3121471642","https://openalex.org/W3121504762","https://openalex.org/W3121737941","https://openalex.org/W3122464274","https://openalex.org/W3122865358","https://openalex.org/W3123009430","https://openalex.org/W3123070579","https://openalex.org/W3123110761","https://openalex.org/W3123207582","https://openalex.org/W3123268005","https://openalex.org/W3123315628","https://openalex.org/W3123321248","https://openalex.org/W3123342473","https://openalex.org/W3123383593","https://openalex.org/W3123663007","https://openalex.org/W3123782511","https://openalex.org/W3123843583","https://openalex.org/W3124175736","https://openalex.org/W3124206031","https://openalex.org/W3124439797","https://openalex.org/W3125120625","https://openalex.org/W3125648437","https://openalex.org/W3125710503","https://openalex.org/W3125748226","https://openalex.org/W3126029451","https://openalex.org/W3149446441"],"related_works":["https://openalex.org/W2367276876","https://openalex.org/W3196503391","https://openalex.org/W7222090044","https://openalex.org/W2180555827","https://openalex.org/W3156235926","https://openalex.org/W4392714446","https://openalex.org/W2012071859","https://openalex.org/W2299212302","https://openalex.org/W1546508820","https://openalex.org/W2528500053"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2020,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2020-04-24T00:00:00"}
