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

@article{Wang2017OwnershipIA,
  title={Ownership, institutions and firm value: cross-provincial evidence from China},
  author={Boya Wang},
  journal={Research in International Business and Finance},
  year={2017},
  volume={44},
  pages={547-565}
}
  • Boya Wang
  • Published 17 July 2017
  • Economics
  • Research in International Business and Finance
Corporate Governance Mechanisms, Ownership and Firm Value: Evidence from Listed Chinese Firms
This study analyzes corporate ownership as a corporate governance mechanism and its role in creating firm value. Previous research shows that there is no convergence on the firm-value corporate
Board size and acquisition outcome: The moderating role of home country formal institutional development
The effect of acquirer's board size on the outcome of an acquisition (i.e., whether an announced deal gets abandoned or completed) was examined on the basis of a sample of 775 cross‐border
Company attributes and firm value. Evidence from companies listed on Jakarta Islamic index
This study examines the effect of company attributes (i.e., dividend policy, capital structure, and ownership concentration) on firm values. The sample consists of fifty-six companies listed on
Ownership Structure and Business Firm Value: A Study of Non-financial Sector of Pakistan
: The basic purpose of this study is to examine the association of ownership structure (OS) with value of business firms (VBF). By using panel date techniques, the relationship between OS and VBF has
Does Corporate Ownership Matter for Firm Performance? Evidence from Chinese Stock Exchanges
This paper examines the impact of corporate ownership structure and ownership concentration on the corporate performance of listed firms in China. Ordinary Least Square (OLS) and Two-Stages Least
RE-EXAMINING DIVIDEND PAYOUT, PROPORTION OF OWNERSHIP AND FIRM’S VALUE IN INDONESIA
We re-examining the impact of dividend policy and proportion of ownership on firm value in the Indonesian Capital Market, which include 2712 firm-year over the period of 2005-2016. Tobin Q measures
Corporate Financial Performance on Corporate Governance Mechanism and Corporate Value: Evidence from Indonesia
Received February 18, 2020 Revised from March 23, 2020 Accepted May 27, 2020 Available online September 15, 2020 This study offers a contribution to the theories of corporate governance mechanism and
The Board Model Corporate Governance Mechanism and Financial Performance of Non-financial Listed Chinese Firms
Corporate governance is widely suggested by economists and regulators as a solution to reduce agency problems and improve firm performance. However previous studies have failed to generate consistent
The Role of Biological Assets Disclosure in Agricultural Companies: A Study in Indonesia
This study aims to examine the effect of biological assets disclosure on firm value with ownership concentration as a moderating variable. The sample used in this study was all agricultural companies
...
...

References

SHOWING 1-10 OF 141 REFERENCES
Ownership Structure and Firm Profitability in Japan
We examined the relationship between the ownership structure and financial performance of 334 Japanese corporations for the 1986–91 period. The positive relationship we found between ownership conc...
Exploring the Agency Consequences of Ownership Dispersion Among The Directors of Private Family Firms
Using an agency-theoretic lens and insights drawn from the behavioral economics and family business literatures, we developed hypotheses concerning the effect of dispersion of ownership on the use ...
Developmental State and Corporate Governance in China
China's state-guided economic miracle has revitalized a long-standing and unsettled debate about the role of government in transformative economic development. In a firm-level study of corporate
Principal—Principal Conflict in the Governance of the Chinese Public Corporation
By examining the level of ownership concentration across firms, we determine how principal–principal conflict, defined as the incongruence of ownership goals among shareholder groups in a
The Impact of Business Group Affiliation on Performance: Evidence from China’s ‘National Champions’
An important aspect of China's economic reforms has been an ambitious policy to develop 100 or so large, internationally competitive business groups. Very little is known about these national
China's Transition and its Implications for International Business
This paper focuses on institutional change as the central and most consequential contextual aspect of China's transition. Identification of key characteristics of China's emergent institutions leads
Ownership Structure and Firm Value in China's Privatized Firms: 1991-2001
This paper investigates the relation between ownership structure and firm value across a sample of 5,284 firm years of China's partially privatized former state–owned enterprises (SOE) from
Ownership structure and firm value: new evidence from Spain
TLDR
The insider ownership model provides results that confirm the convergence-of-interest and the entrenchment effects, even though Spanish insiders get entrenched at higher ownership levels than their U.S. and U.K. counterparts.
Law, Finance, and Economic Growth in China
China is an important counterexample to the findings in the law, institutions, finance, and growth literature: Neither its legal nor financial system is well developed, yet it has one of the fastest
...
...