Chen, Wenting; Li, Shanmin; Chen, Crystal Xiaobei - In: China journal of accounting research : CJAR 10 (2017) 3, pp. 231-245
We study the dynamic causal effects of the shareholding ratio of controlling shareholder on tunneling behavior in China …. We use control-right-transfers as the event to conduct the study. We obtain 394 control-right-transfer samples in China … decision of controlling shareholder in control transfers lead to agency problems manifested in China in a particular form of …