Honghui, Zhang; Xiong, Haojun; Zhang, Linyi - In: China journal of accounting studies 9 (2021) 2, pp. 221-246
More and more Chinese-listed companies report the loss of controlling shareholders in recent years. This seems to be a boon to the Chinese capital market, which is plagued by tunnelling from controlling shareholders. Employing the absence of controlling shareholders as a novel event, this study...
