Browsing BI Open by Author "Hu, Danqi"
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Earnings announcements in China: Overnight-intraday disparity
Liu, Junhao; Hope, Ole-Kristian; Hu, Danqi (Peer reviewed; Journal article, 2023)Based on a unique arrangement of trading and disclosure times around earnings announcements in the Chinese stock market, we provide evidence of a striking overnight-intraday disparity in terms of the reaction to earnings ... -
Strategic entry deterrence in the audit industry: Evidence from the merger of professional accounting bodies
Cheng, Stephanie F.; Hope, Ole-Kristian; Hu, Danqi (Journal article; Peer reviewed, 2021)Studies show that incumbents reduce prices in response to higher entry threats in consumer industries. We provide new insights on the importance of an incumbent firm's reputation to the limit-pricing decision by examining ...