We find that minority shareholders’ voting opposition to dividend proposals is associated with significantly higher cash dividend payout in the following year for stocks listed in Shanghai Stock Exchange. When minority shareholders’ voting opposition increases, the likelihood and frequency...

This paper argues against incrementalism in policy evolution theory, contending a fluctuating policy development path. This study argues that in a reform critical juncture three factors play important roles: dominant political opinion, social interest groups’ support and international...

This study examines why some nonprofit organizations are willing to voluntarily provide their audited financial statements for review and others are not. While we are not stakeholders in these enterprises, we believe this study provides some descriptive evidence and insights on the nature of...

We examine the information content of changes in shareholdings after private issuance of public equity (PIPE) by mutual funds that participate in PIPEs in China. The results show that the changes in shareholdings are positively related to alpha and cumulative abnormal return (CAR) for PIPE...

We examine private issuance of public equity (PIPE) in China, and our results suggest that PIPE investors benefit from the price manipulation before and after issuance. These investors tend to cash out after lockup expiration and make large profits. We also find evidence that the trading of PIPE...

Molybdenum diselenide (MoSe 2 ) have attracted much attention as an anode material for lithium/sodium ion batteries due to its specific layered structure. Here, highly-uniform MoSe 2 nanoparticles are successfully synthesized via a one-pot hydrothermal method with addition of polyvinyl...