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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...
Persistent link: https://www.econbiz.de/10010932886
Persistent link: https://www.econbiz.de/10010423258
We analyze the interaction between management and investors during Chinese IPO roadshows through Jaccard Similarity analysis of written Chinese logograms. We provide evidence that when agreement is high, investor optimism increases, leading to relatively large first-day underpricing. We further...
Persistent link: https://www.econbiz.de/10013252766
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...
Persistent link: https://www.econbiz.de/10014941565