Büchelhofer Corporate Control and Enterprise Reform in China
2008
ISBN: 978-3-7908-2020-1
Verlag: Physica
Format: PDF
Kopierschutz: 1 - PDF Watermark
An Econometric Analysis of Block Share Trades
E-Book, Englisch, 115 Seiten, eBook
Reihe: Contributions to Economics
ISBN: 978-3-7908-2020-1
Verlag: Physica
Format: PDF
Kopierschutz: 1 - PDF Watermark
This intriguing study sheds light on the efficiency of corporate control allocation in Chinese listed firms. Using a panel data set for the period 1996 to 2006, it examines the frequency, causes and consequences of changes in corporate control. The results indicate that poorly performing firms are the predominant targets of control changes. The findings provide insights into the motives and constraints of the key players involved in governance practices in China.
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
China’s reform process, stock market development, and testable hypotheses.- Data, concept of control, and summary statistics on changes in control.- Causes of changes in ultimate share ownership.- Consequences of changes in ultimate share ownership.- Conclusion.
