Asian Journal of Finance & Accounting
https://ajfa.macrothink.org/index.php/ajfa
<p>Asian Journal of Finance & Accounting (AJFA) is an internationally refereed journal published twice annually in June and December. The Journal is dedicated to the development, promotion and understanding of finance and accounting in their widest sense. Its main objective is to provide an online forum to disseminate findings of research in the fields of finance and accounting worldwide.</p> <p>The editorial board welcomes original submissions in English. Apart from research articles it also accepts research notes. The number of words for a research article should preferably be between 5,000 and 8,000 and that for a research note should preferably be between 2,000 and 3,000. The Editorial Board also welcomes reviews of books published in English. The maximum number of words for a book review should be 1,000.</p> <p>The following are some of the topical areas (but not limited to) relevant to the journal:</p> <p><strong>Finance:</strong></p> <p>- Behavioural finance</p> <p>- Efficiency of stock and foreign exchange markets</p> <p>- International parity conditions</p> <p>- Valuation of securities</p> <p>- Mergers and acquisitions</p> <p>- Cost of capital and capital budgeting</p> <p>- Modelling time-varying volatility of financial assets</p> <p>- Time-varying correlations, betas and copulas</p> <p>- Market microstructure</p> <p>- Islamic finance</p> <p> <strong>Accounting:</strong></p> <p>- Financial reporting and international financial reporting standards</p> <p>- Public sector accounting and auditing</p> <p>- Corporate governance</p> <p>- Audit expectation gap</p> <p>- Market for audit services</p> <p>- Determinants of job satisfaction of accounting academics</p> <p>- Determinants of various disclosures in company annual reports</p> <p>- Earnings management</p> <p>- Auditing standards</p> <p> </p> <p>The journal is published online <strong>semiannually in June and December.</strong> We aim to post articles online within 3 weeks of acceptance. The journal accepts article submissions <a href="https://ajfa.macrothink.org/index.php/ajfa/about/submissions#onlineSubmissions"><strong>online</strong></a> or by <a href="mailto:ajfa@macrothink.org"><strong>e-mail</strong></a>. For any questions, please contact: <strong>ajfa@macrothink.org</strong></p> <p> </p> <p>The journal is included and abstracted in: </p> <ul> <li class="show"><a href="https://www.econbiz.de/Search/Results?lookfor=Asian+Journal+of+Finance+%26+Accounting&type=AllFields"><strong>EconBiz</strong></a></li> <li class="show"><a href="http://ezb.uni-regensburg.de/ezeit/detail.phtml?bibid=AAAAA&colors=7&lang=en&jour_id=125101"><strong>Electronic Journals Library</strong></a></li> <li class="show"><a href="http://scholar.google.com/"><strong>Google Scholar</strong></a></li> <li class="show"><a href="https://pkp.sfu.ca/"><strong>PKP Open Archives Harvester</strong></a></li> <li class="show"><strong><a href="http://www.proquest.com/">ProQuest</a></strong></li> <li class="show"><strong><a href="http://www.sherpa.ac.uk/romeo/index.php">SHERPA/RoMEO</a></strong></li> <li class="show"><a href="http://www.oxbridge.com/SPDCluster/theSPD.asp"><strong>The Standard Periodical Directory</strong></a></li> </ul>Macrothink Instituteen-USAsian Journal of Finance & Accounting1946-052X<p>Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.</p><p>Copyrights for articles published in MTI journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.</p>Selling to the People’s Republic of China: Privately-Owned Enterprise Generally Pay Suppliers Faster than State-Owned Enterprises
https://ajfa.macrothink.org/index.php/ajfa/article/view/19015
<p>Many international businesses view Chinese (Note 1) companies as potential customers to expand exports and reach a large, emerging market. Unlike most developed nations, a significant portion of Chinese businesses are majority government-owned. Consequently, international businesses face a choice between partnering with state-owned enterprises (SOEs) or privately-owned enterprises (POEs) in China. This study analyzes financial data from Chinese firms to examine whether SOEs or POEs generally pay suppliers more quickly, a crucial factor to consider before exporting goods or services to China. We find that POEs, overall, exhibit significantly smaller days payables outstanding, indicating quicker payments to suppliers by those companies.</p>Benjamin FosterNan-Ting ChouAndrew ManiKas
Copyright (c) 2026 Benjamin Foster, Nan-Ting Chou, Andrew ManiKas
http://creativecommons.org/licenses/by/4.0
2026-08-222026-08-2218211410.5296/ajfa.v18i2.19015