Qian, Xiaolin; Tam, Lewis - In: Review of Accounting and Finance 20 (2021) 1, pp. 53-83
turnover–performance sensitivity, using the split-share-structure (SSS) reform in China as an exogenous shock to blockholders …–performance sensitivity around the SSS reform. Sub-sample analysis is conducted to examine whether the impact of SSS reform on the turnover …, becomes less sensitive to firm operating performance after the reform, mainly for firms with contestable blockholders prior to …