research sample, especially for the ones from emerging markets. This paper examines the operating performance of Chinese banks … surrounding the stock listing. The results show that stock listings overall contribute to the improvement of bank performance … outperform inland banks; and national banks outperform regional banks. Further tests reveal that the improved performance of bank …

the research sample, especially for the ones from emerging markets. This paper examines the operating performance of … affects both bank performance and bank risk and that some banks list publicly to seek profitability improvement whereas others …

shareholders’ wealth. We compare market performance of Chinese dual-class firms with their single-class counterparts by …-class firms are outperforming in terms of market performance measured by Tobin’s Q, P/E ratio, and abnormal return in both … performance rather than investing in value-destroying projects and competes to survive in the market that imposes the high …