ADVANCES IN PACIFIC BASIN BUSINESS , ECONOMICS AND FINANCE

@inproceedings{MINTEH2017ADVANCESIP,
  title={ADVANCES IN PACIFIC BASIN BUSINESS , ECONOMICS AND FINANCE},
  author={YU MIN-TEH},
  year={2017}
}
  • YU MIN-TEH
We study institutional investors’ influence on the use of related party transactions (RPTs) in China. We test the significance of potential factors in the cross-sectional regression analysis of the amount of RPTs reported by Chinese listed companies. We also analyze intraday trading activities and stock prices in days around public announcements of RPTs. Our findings suggest that institutional investors do not have a significant influence on Chinese firms’ usage of RPTs but they react to RPT… CONTINUE READING