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offerings in China's offshore Hong Kong market. Prospectus-based declarations on such allocations suggest that CI undertakings …
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and institutional foundation of the capital markets in China. In contrast, ownership by grey institutions is in general …
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We investigate the influence of foreign institutional investors on firms' auditor choices in an international setting. Foreign institutional investors are likely to demand high-quality audits to mitigate the information asymmetry they face and facilitate their external monitoring when they...
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