1. Department of Accounting, London School of Economics and Political Science, London, UK
2. Adam Smith Business School, Accounting and Finance Department, University of Glasgow, Glasgow, UK
3. School of Management, Zhejiang University, Hangzhou, P.R. China
4. Postdoctoral Research Centre of China Resources Co. Ltd, Shenzhen, P.R. China
5. School of Management, Xiamen University, Xiamen, R.P. China