{"id":"https://openalex.org/W2231606302","doi":"https://doi.org/10.2308/isys-51374","title":"XBRL Implementation and Post-Earnings-Announcement Drift: The Impact of State Ownership in China","display_name":"XBRL Implementation and Post-Earnings-Announcement Drift: The Impact of State Ownership in China","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W2231606302","doi":"https://doi.org/10.2308/isys-51374","mag":"2231606302"},"language":"en","primary_location":{"id":"doi:10.2308/isys-51374","is_oa":false,"landing_page_url":"https://doi.org/10.2308/isys-51374","pdf_url":null,"source":{"id":"https://openalex.org/S82262387","display_name":"Journal of Information Systems","issn_l":"0888-7985","issn":["0888-7985","1558-7959"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Information Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5031410269","display_name":"Songsheng Chen","orcid":"https://orcid.org/0000-0001-6526-8903"},"institutions":[{"id":"https://openalex.org/I125839683","display_name":"Beijing Institute of Technology","ror":"https://ror.org/01skt4w74","country_code":"CN","type":"education","lineage":["https://openalex.org/I125839683","https://openalex.org/I890469752"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Songsheng Chen","raw_affiliation_strings":["Beijing Institute of Technology"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Beijing Institute of Technology","institution_ids":["https://openalex.org/I125839683"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5073358315","display_name":"Jun Guo","orcid":"https://orcid.org/0000-0002-4361-4163"},"institutions":[{"id":"https://openalex.org/I102322142","display_name":"Rutgers, The State University of New Jersey","ror":"https://ror.org/05vt9qd57","country_code":"US","type":"education","lineage":["https://openalex.org/I102322142"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jun Guo","raw_affiliation_strings":["Rutgers, The State University of New Jersey, Camden"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Rutgers, The State University of New Jersey, Camden","institution_ids":["https://openalex.org/I102322142"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5071754901","display_name":"Xiaoxiao Tong","orcid":"https://orcid.org/0000-0001-7592-9349"},"institutions":[{"id":"https://openalex.org/I125839683","display_name":"Beijing Institute of Technology","ror":"https://ror.org/01skt4w74","country_code":"CN","type":"education","lineage":["https://openalex.org/I125839683","https://openalex.org/I890469752"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaoxiao Tong","raw_affiliation_strings":["Beijing Institute of Technology"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Beijing Institute of Technology","institution_ids":["https://openalex.org/I125839683"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5031410269"],"corresponding_institution_ids":["https://openalex.org/I125839683"],"apc_list":null,"apc_paid":null,"fwci":1.9213,"has_fulltext":false,"cited_by_count":20,"citation_normalized_percentile":{"value":0.87202254,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":98},"biblio":{"volume":"31","issue":"1","first_page":"1","last_page":"19"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":0.9987999796867371,"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"}},"topics":[{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":0.9987999796867371,"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"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9926999807357788,"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/xbrl","display_name":"XBRL","score":0.9007009863853455},{"id":"https://openalex.org/keywords/business-reporting","display_name":"Business reporting","score":0.6666525602340698},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.6431369185447693},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6397848129272461},{"id":"https://openalex.org/keywords/accounting","display_name":"Accounting","score":0.5898870825767517},{"id":"https://openalex.org/keywords/state-ownership","display_name":"State ownership","score":0.5548309087753296},{"id":"https://openalex.org/keywords/earnings","display_name":"Earnings","score":0.5482363104820251},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"Emerging markets","score":0.5339941382408142},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"Information asymmetry","score":0.5148898363113403},{"id":"https://openalex.org/keywords/government","display_name":"Government (linguistics)","score":0.45930489897727966},{"id":"https://openalex.org/keywords/chinese-market","display_name":"Chinese market","score":0.42587125301361084},{"id":"https://openalex.org/keywords/financial-system","display_name":"Financial system","score":0.35536277294158936},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.34445661306381226},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2782403230667114},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.20651015639305115}],"concepts":[{"id":"https://openalex.org/C2777264242","wikidata":"https://www.wikidata.org/wiki/Q959950","display_name":"XBRL","level":2,"score":0.9007009863853455},{"id":"https://openalex.org/C2779146283","wikidata":"https://www.wikidata.org/wiki/Q5001933","display_name":"Business reporting","level":3,"score":0.6666525602340698},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.6431369185447693},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6397848129272461},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5898870825767517},{"id":"https://openalex.org/C2777506082","wikidata":"https://www.wikidata.org/wiki/Q2396633","display_name":"State ownership","level":3,"score":0.5548309087753296},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.5482363104820251},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.5339941382408142},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.5148898363113403},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.45930489897727966},{"id":"https://openalex.org/C2991943566","wikidata":"https://www.wikidata.org/wiki/Q209380","display_name":"Chinese market","level":3,"score":0.42587125301361084},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.35536277294158936},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.34445661306381226},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2782403230667114},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.20651015639305115},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"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/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2308/isys-51374","is_oa":false,"landing_page_url":"https://doi.org/10.2308/isys-51374","pdf_url":null,"source":{"id":"https://openalex.org/S82262387","display_name":"Journal of Information Systems","issn_l":"0888-7985","issn":["0888-7985","1558-7959"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Information Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":51,"referenced_works":["https://openalex.org/W74101598","https://openalex.org/W1488557053","https://openalex.org/W1495005378","https://openalex.org/W1528504087","https://openalex.org/W1939266606","https://openalex.org/W1969136777","https://openalex.org/W1983848197","https://openalex.org/W1986280333","https://openalex.org/W1992997497","https://openalex.org/W2010370161","https://openalex.org/W2015772697","https://openalex.org/W2030896546","https://openalex.org/W2031110821","https://openalex.org/W2043298609","https://openalex.org/W2060741810","https://openalex.org/W2068826641","https://openalex.org/W2081432842","https://openalex.org/W2084050624","https://openalex.org/W2094863662","https://openalex.org/W2099737377","https://openalex.org/W2159179992","https://openalex.org/W2162193110","https://openalex.org/W2166215547","https://openalex.org/W2170758799","https://openalex.org/W2274646896","https://openalex.org/W2354143740","https://openalex.org/W2359182227","https://openalex.org/W2383174848","https://openalex.org/W2388131664","https://openalex.org/W3121404877","https://openalex.org/W3122761064","https://openalex.org/W3122942322","https://openalex.org/W3123451865","https://openalex.org/W3123633846","https://openalex.org/W3123639445","https://openalex.org/W3123819895","https://openalex.org/W3123829300","https://openalex.org/W3123892172","https://openalex.org/W3124101390","https://openalex.org/W3124170598","https://openalex.org/W3124192291","https://openalex.org/W3124572978","https://openalex.org/W3124880432","https://openalex.org/W3125028901","https://openalex.org/W3125047752","https://openalex.org/W3125499890","https://openalex.org/W3214898841","https://openalex.org/W6600633883","https://openalex.org/W6684669166","https://openalex.org/W6979739588","https://openalex.org/W6990631777"],"related_works":["https://openalex.org/W2158489208","https://openalex.org/W2389650033","https://openalex.org/W2086784917","https://openalex.org/W4242822943","https://openalex.org/W2945294679","https://openalex.org/W2112253043","https://openalex.org/W1998006368","https://openalex.org/W3125500680","https://openalex.org/W657164535","https://openalex.org/W2031987290"],"abstract_inverted_index":{"ABSTRACT":[0],"In":[1],"this":[2],"paper,":[3],"we":[4,89],"test":[5],"the":[6,18,26,70,109,113,120,126],"impact":[7,121],"of":[8,21,73,112,122,128],"XBRL":[9,29],"(eXtensible":[10],"Business":[11],"Reporting":[12],"Language)":[13],"on":[14,25,125],"information":[15,31,57],"asymmetry":[16,32,58],"in":[17,48,67,80,107],"emerging":[19,114],"market":[20,92,110],"China.":[22],"We":[23,54],"focus":[24],"association":[27],"between":[28],"and":[30,50,75,93],"(proxied":[33],"by":[34,63],"Post-Earnings-Announcement":[35],"Drift":[36],"[PEAD])":[37],"across":[38],"two":[39],"ownership":[40,124],"structures:":[41],"state-owned":[42],"enterprises":[43,52],"(SOEs),":[44],"which":[45],"are":[46],"dominant":[47],"China,":[49],"non-state-owned":[51],"(non-SOEs).":[53],"find":[55],"that":[56,96],"diminishes":[59,77],"significantly,":[60],"as":[61],"reflected":[62],"a":[64],"significant":[65],"decline":[66],"PEAD,":[68],"after":[69,88],"mandatory":[71],"adoption":[72],"XBRL,":[74],"it":[76],"more":[78],"significantly":[79],"SOEs":[81],"than":[82],"non-SOEs.":[83],"Our":[84,100],"results":[85],"remain":[86],"robust":[87],"control":[90],"for":[91],"accounting":[94],"factors":[95],"may":[97],"influence":[98],"PEAD.":[99],"paper":[101],"not":[102],"only":[103],"supports":[104],"XBRL's":[105],"role":[106],"improving":[108],"efficiency":[111],"market,":[115],"but":[116],"also":[117],"first":[118],"documents":[119],"government":[123],"implementation":[127],"XBRL.":[129]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}