NDLI: Stock Pledge of Ultimate Owner Information Transparency and Construction Projects Cost

Please wait, while we are loading the content...

Stock Pledge of Ultimate Owner Information Transparency and Construction Projects Cost

Content Provider	Scilit
Author	Yang, Ji
Copyright Year	2019
Description	Journal: Iop Conference Series: Materials Science and Engineering In recent years, with the rapid development of China’s capital market, strong shareholders’ stock pledge activity has occurred frequently and has received increasing attention. The disclosure of company’s information is the main way for investors to know about the enterprise. The company’s information transparency will also affect the enterprise construction project cost. Based on this, the paper selects all a-share construction enterprises from 2006 to 2016 as samples to study the impact of stock pledge of ultimate owner and information transparency on construction project costs. First of all, the article examines the impact of the stock pledge on project cost. Then, referring to Bhattacharya’s research, this paper used earnings aggressiveness and earnings smoothing as the measurement of transparency. The relationship between the transparency and the construction project cost discussed when the transparency is taken as the moderator variable. The research found that the stock pledge of ultimate owner will constrain construction project expenditure and that transparency is positively correlated with construction project cost. The research also found improving firm’s transparency can alleviate the cost constraints which was caused by pledge.
Related Links	https://iopscience.iop.org/article/10.1088/1757-899X/688/5/055027/pdf
ISSN	17578981
e-ISSN	1757899X
DOI	10.1088/1757-899x/688/5/055027
Journal	Iop Conference Series: Materials Science and Engineering
Issue Number	5
Volume Number	688
Language	English
Publisher	IOP Publishing
Publisher Date	2019-11-01
Access Restriction	Open
Subject Keyword	Journal: Iop Conference Series: Materials Science and Engineering Construction Project Cost Transparency and Construction Projects Transparency and the Construction
Content Type	Text
Resource Type	Article

Central Library (ISO-9001:2015 Certified)
Indian Institute of Technology Kharagpur
Kharagpur, West Bengal, India | PIN - 721302

See location in the Map
03222 282435
Mail: support@ndl.gov.in

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in