Is Firms’ Data Asset Disclosure Valuable for Capital Providers? U-Shaped Evidence from China
Description
README: Replication Package Paper Title Is Firms’ Data Asset Disclosure Valuable for Capital Providers? U-Shaped Evidence from China Authors Zeyue Huang (School of Economics and Management, Southeast University) Meijing Zhu (Segway-Ninebot) Manning Gong (Corresponding author, College of Economics, Shenzhen University) Date: March 2026 Overview This replication package provides the data, code, and instructions necessary to reproduce the main empirical results presented in the research paper titled “Is Firms’ Data Asset Disclosure Valuable for Capital Providers? U-Shaped Evidence from China.” The purpose of this package is to ensure transparency and facilitate the independent verification of the empirical findings reported in the study.
Files
Steps to reproduce
1.Place all required datasets in the project data directory and ensure that the file paths in the Stata scripts are correctly specified. 2.Open Stata and set the working directory to the main project folder containing the replication package. 3.Run the master script: do readme.do 4.The master script will automatically execute all necessary programs, including data preparation, regression analysis, and figure generation. 5.After the script finishes running, the generated tables and figures will be saved in the designated output folders. Following these steps will reproduce the main empirical results presented in the study.