CORPORATE GOVERNANCE AND CHINESE GHOST CITIES

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Hugh Grove ORCID logo, Maclyn Clouse ORCID logo

https://doi.org/10.22495/cocv13i4c1p10

Abstract

Sir David Tweedy, the former chair of the International Accounting Standards Board, observed: “The scandals that we have seen in recent years are often attributed to accounting although, in fact, I think the U.S. cases are corporate governance scandals involving fraud” (Tweedy, 2007). This paper will show that many of the recent Chinese cases of fraudulent financial reporting are also really corporate governance scandals involving fraud.

Keywords: Corporate Governance, Ghost Cities, China, Financial Reporting

How to cite this paper: Grove, H., & Clouse, M. (2016). Corporate governance and Chinese ghost cities. Corporate Ownership & Control, 13(4-1), 249-265. https://doi.org/10.22495/cocv13i4c1p10