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From the perspective of institutional change in IPO regulation, this paper discusses the relationship between IPO pricing regulation and audit fees in China. This paper finds that the audit fees of IPO companies are higher in the stage of pricing regulation in comparison to the stage of pricing marketization. We also find auditors charge higher audit fees for private companies than state-owned companies during the IPO pricing regulation period. Furthermore, in regions with tightened legislation, IPO audit fees are higher in the IPO pricing regulation period.

A new book by N.K. Singh and P.K. Mishra should stir discussions on making institutional changes to guide our upward path

Supreme Court judge Justice S Ravindra Bhat on Saturday said that glass ceiling for women in legal profession is real and lack of representation of women in judiciary is a concern.

Summary On June 15, 2020, Indian and Chinese troops engaged in a brawl that left twenty Indian soldiers dead while causing an unspecified number of Chinese casualties. The clash is a part of a broader border standoff along the Galwan River between the two forces on the Line of Actual Control that is yet to be resolved. The Indian strategic community is broadly in agreement that this border dispute marks an implacable decline in India-China ties. They argue that the very basis of relations that emerged after former Indian prime minister Rajiv Gandhi’s visit to Beijing in 1988 has been shaken...

China to impose more institutional changes to curb democracy in Hong Kong ANI | Updated: Mar 02, 2021 20:18 IST Hong Kong, March 2 (ANI): Eight months since Beijing imposed the draconian national security law to curb the pro-democracy movement, authorities have used the legislation to stamp out street protests, ban activists from lobbying foreign governments, gut the legislature and arrest most of the opposition. According to the Wall Street Journal, Beijing is signaling that this is just the start with more institutional changes yet to come to ensure com...