目录论文1 社交媒体在资本市场中的作用研究:文献述评 孟庆玺 李增泉15 两职合一还是分离?——制度因素对领导权结构演进的影响分析 林 卉 刘 峰 肖泽忠37 Big4具有审计费用差异吗?——基于中国市场的初步证据 李青原 唐浩程71 薪酬差距如何影响股权融资?——基于沪深A股上市公司的经验证据 王爱群 时 军 闫盼盼98 管理层语调对IPO抑价有影响吗?——来自中文招股说明书的经验证据 周 阔 周佰成122 金融发展有助于缓解制造业企业成本黏性吗?——来自我国银行信贷发展的经验证据 惠丽丽 谢获宝 杨伟伟CONTENTSArticles1 The Role of Social Media in Capital Markets:A Literature Review Qingxi Meng and Zengquan Li15 Duality or Separation? An Analysis of the Impact of Institutional Environment Factors on the Evolution of Corporate Leadership Structure Hui Lin,Feng Liu and Zezhong Xiao37 Do the Big 4 Accounting Firms Charge the Same Audit Fees? Audit Pricing Evidence from China Qingyuan Li and Haocheng Tang71 How Does the Salary Gap Affect Equity Financing? Evidence from Chinese A-share Listed Companies Aiqun Wang,Jun Shi and Panpan Yan98 Does Management Tone Have an Impact on the Market Performance of IPOs ? Evidence from IPO Prospectuses in China Kuo Zhou and Baicheng Zhou122 Does Financial Development Reduce Cost Stickiness? Evidence from the Development of Bank Credit in China Lili Hui,Huobao Xie and Weiwei Yang