Purpose -The purpose of this paper is to examine the effect of regulatory reform on the asset allocation and capitalization of Chinese banks from 2002 to 2007, a period following China's entry into the World Trade Organization (WTO). Design/methodology/approach - The evidence rejects a...

This study extends previous research that suggests owner-manager agency costs are higher when an outsider manages the firm and lower when the firm is monitored by banks, by determining whether banks price agency costs, particularly owner-manager agency conflicts, in the firms to which they...

Purpose – The purpose of this paper is to examine the effect of regulatory reform on the asset allocation and capitalization of Chinese banks from 2002 to 2007, a period following China's entry into the World Trade Organization (WTO). Design/methodology/approach – The evidence rejects a...