Corporate Control and Enterprise Reform in China

An Econometric Analysis of Block Share Trades

Gebonden Engels 2008 2008e druk 9783790820195
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

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.

Specificaties

ISBN13:9783790820195
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:115
Uitgever:Physica-Verlag HD
Druk:2008

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Inhoudsopgave

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.

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        Corporate Control and Enterprise Reform in China