Parent company board reform and subsidiary optimization of cash holdings : a quasi-natural experiment from central state-owned enterprises in China
Year of publication: |
2023
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Authors: | Yu, Yao ; Jia, Xiaoxiao ; Qi, Huaijin |
Published in: |
Research in international business and finance. - Amsterdam [u.a.] : Elsevier, ISSN 0275-5319, ZDB-ID 424514-3. - Vol. 66.2023, p. 1-20
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Subject: | Board reform | Cash holding | Controlling shareholder governance | Delegation of power | Government intervention | China | Öffentliches Unternehmen | Public enterprise | Corporate Governance | Corporate governance | Cash-Management | Cash management | Vorstand | Executive board | Aktionäre | Shareholders | Eigentümerstruktur | Ownership structure | Board of Directors | Board of directors | Prinzipal-Agent-Theorie | Agency theory | Betriebliche Liquidität | Corporate liquidity |
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