All Outputs (2)

An introductory note on the difference-in-differences and regression discontinuity design for the accounting and finance research (2025)
Book Chapter
He, G., Li, A. Z., & Shen, D. (2025). An introductory note on the difference-in-differences and regression discontinuity design for the accounting and finance research. In Handbook of Financial Econometrics, Statistics, Technology, and Risk Management (143-174). World Scientific. https://doi.org/10.1142/9789819809950_0004

As more emphasis is put on the endogeneity issues of accounting and finance research nowadays, a great number of studies exploit the observational data in a quasi-experimental setting to validate a causal relationship. This chapter provides an introd... Read More about An introductory note on the difference-in-differences and regression discontinuity design for the accounting and finance research.

The role of earnings management in equity valuation (2021)
Book Chapter
He, G., Li, Z., & Shen, D. (2022). The role of earnings management in equity valuation. In C. Lee, & A. Lee (Eds.), Encyclopedia of Finance (2061-2094). (3rd edition). Springer Nature. https://doi.org/10.1007/978-3-030-73443-5_90-1

The intrinsic value of a firm’s equity is determined by the present value of future payoffs to equity-holders. Thus, to estimate equity value, one needs to identify and process a series of information that is relevant to the present value of expected... Read More about The role of earnings management in equity valuation.