Corporate Control and Enterprise Reform in China An Econometric Analysis of Block Share Trades /

• Κύριος συγγραφέας: Büchelhofer, Christian (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Heidelberg : Physica-Verlag HD, 2008.
• Σειρά: Contributions to Economics,
• Θέματα: Finance.; Industrial organization.; Development economics.; Economics.; Development Economics.; Industrial Organization.; Finance, general.

This 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 predomin...

Πίνακας περιεχομένων:

• 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.