Wu, Xihao; Zhang, Di; Wu, Zhongxin - In: China journal of accounting research : CJAR 17 (2024) 1, pp. 1-22
performance of SOEs is inferior to that of private enterprises under approval system, thus excluding the view that approval is … issuance system from approval system to registration system; this change makes it easier for them to obtain IPO approval … based on the entropy balancing method, and findings are as follows. First, an IPO ownership preference exists under approval …