Dr Guanming He's Outputs (4)

The impact of superstition on corporate tax avoidance: How do CEOs trade off risks associated with tax avoidance? (2024)
Journal Article
He, G., & Shen, D. (online). The impact of superstition on corporate tax avoidance: How do CEOs trade off risks associated with tax avoidance?. Journal of Accounting Literature, https://doi.org/10.1108/JAL-02-2024-0020

Purpose
We examine how superstition shapes corporate tax avoidance and do so by taking a risk perspective and focusing on the zodiac-year belief prevalent in China.

Design/methodology/approach
We adopt a difference-in-differences research desig... Read More about The impact of superstition on corporate tax avoidance: How do CEOs trade off risks associated with tax avoidance?.

The Roles of Financial Analysts in the Stock Market (2024)
Book Chapter
He, G., & Li, A. Z. (2024). The Roles of Financial Analysts in the Stock Market. In C. Few Lee, A. C. Lee, & J. C. Lee (Eds.), Handbook of Investment Analysis, Portfolio Management, and Financial Derivatives (2293-2308). World Scientific Publishing. https://doi.org/10.1142/9789811269943_0073

Investors lacking ample time, professional knowledge, and sufficient ability may find it difficult to understand the implication of complex corporate information and figure out the clear trend of future corporate performance. Financial analysts who p... Read More about The Roles of Financial Analysts in the Stock Market.

Does media coverage of firms' environment, social, and governance (ESG) incidents affect analyst coverage and forecasts? A risk perspective (2024)
Journal Article
He, G., & Li, A. Z. (2024). Does media coverage of firms' environment, social, and governance (ESG) incidents affect analyst coverage and forecasts? A risk perspective. International Review of Financial Analysis, 94, Article 103289. https://doi.org/10.1016/j.irfa.2024.103289

We examine whether and how media coverage of firms’ environment, social, and governance (ESG) incidents is associated with analyst coverage and forecasts. We propound that the risks of firms could either increase or decrease as a result of media-cove... Read More about Does media coverage of firms' environment, social, and governance (ESG) incidents affect analyst coverage and forecasts? A risk perspective.

How to make long-term investments in a stock market? A generic strategy for investors (2024)
Journal Article
He, G., Li, Z., & Shen, D. (2024). How to make long-term investments in a stock market? A generic strategy for investors. Review of Pacific Basin Financial Markets and Policies, 27(1), Article 2450002. https://doi.org/10.1142/S0219091524500024

Against the backdrop of increasingly fierce industrial competition nowadays, firms tend to have substantive business risk and/or information risk, increasing the estimation risk and limit of arbitrage for investors in their short-term investments in... Read More about How to make long-term investments in a stock market? A generic strategy for investors.