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control rights and the types of control of the ultimate controlling shareholders (UCSs) of listed firms in China influence … originating from China's unique partial share issuance privatization process …
Persistent link: https://www.econbiz.de/10013084071
We examine relationship between common institutional ownership and corporate social responsibility (CSR). We find that common institutional ownership is negatively associated with the level of CSR, which supports an anti-competitive view. We conduct a propensity score matching (PSM) analysis and...
Persistent link: https://www.econbiz.de/10013217804
China’s venture capital (VC) market features significant government ownership of VCs. We examine the impact of … mainland China, where the IPO process is discretionary and heavily regulated. Entrepreneurial firms backed by partially …
Persistent link: https://www.econbiz.de/10013231393
Using data from a recent national survey on the ownership reform of state-owned enterprises in China, we study the …
Persistent link: https://www.econbiz.de/10014066153
Persistent link: https://www.econbiz.de/10015331919
The government of China started its anti-corruption campaign in December 2012. Since then, more than 600 government …
Persistent link: https://www.econbiz.de/10012972267
We employ a hand-collected unique dataset on banks operating in China between 2003 and 2011 to investigate the impact … makers in China charged with the task of improving the governance mechanisms in banking institutions …
Persistent link: https://www.econbiz.de/10012979995
Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the separate approval of voting minority shareholders, we examine whether giving minority shareholders increased control over corporate decisions helps reduce value-decreasing corporate decisions for...
Persistent link: https://www.econbiz.de/10013116135
reform in China. It also conducts empirical studies of the change in ownership and board composition in over 30 SOEs which … have recently completed their MOR experiments, as well as, several case studies including China Unicom's MOR. We observe … argue that the MOR programme is driven by three current beliefs of the Chinese Party-state on the future of SOEs in China …
Persistent link: https://www.econbiz.de/10012847112
Emerging economies provide interesting scenarios for examining how institutional context influences the financing behavior of firms. In this study, we examine the capital structure of Chinese listed firms following the Split-Share Structure Reform of 2005. This reform allowed a reduction of...
Persistent link: https://www.econbiz.de/10012849191