Ownership, institutions and firm value: cross-provincial evidence from China

@article{Wang2017OwnershipIA,
  title={Ownership, institutions and firm value: cross-provincial evidence from China},
  author={B. Wang},
  journal={Research in International Business and Finance},
  year={2017},
  volume={44},
  pages={547-565}
}
  • B. Wang
  • Published 2017
  • Economics
  • Research in International Business and Finance
  • The distinctive political-economic setups of emerging economies engender special corporate governance issues that warrant added attention to the broader institutional environments. Using a unique provincial firm-level dataset, this paper investigates how corporate control natures, ownership concentration, and provincial differences in government quality and financial development jointly affect the value of Chinese listed companies. Firstly, central government control is generally associated… CONTINUE READING
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