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ownership accelerates the opportunistic role of QFIIs and reduces the informative component
of earnings for firms with income smoothing. Finally, the result seems sensitive to the high
QFIIs’ shareholdings volatility, supporting the opportunistic role of QFIIs in firm’s income
smoothing.
We are confident that this issue presents an advancement to the related literature and we
hope that these articles will stimulate our readers to explore further into the underresearched
areas.
Shu- Cheng Steve Chi
David Ming- Huang Chiang
San- Lin Chung