We document signi\u85cant positive relations between the level of bank market development across regions in China and controlling shareholdersparticipation in Chinese public companiesrights o¤erings, and evidence that the participation decision bene\u85ts minority shareholders. These results support the view that better bank market development has a \u85rm-level corporate governance e¤ect (Doidge et al. (2007)). To the extent corporate governance promotes \u85rm-level economic e ¢ ciency and constitutes a key condition supporting stock market development, these results suggest bank market development has a within-\u85rm e¤ect in promoting economic growth (Levine (2005)), and a complementary relation with stock market development (Allen and ...
The implementation of an effective system of corporate governance is now of critical importance to C...
© 2013 Taylor & Francis. In this paper, we empirically investigate how differences in the developm...
We examine the wealth effects of three regulatory changes designed to improve minority-shareholder p...
The issue of corporate governance in China is examined in this study. We identify several importan...
The negative relationship between economic growth and stock market return is not an anomaly accordin...
Corporate governance, which is defined as the structure of rights and responsibilities among the var...
It has been argued that the legal environment for the protection of minority shareholders is importa...
Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the sep...
It has been argued that the legal environment for the protection of minority shareholders is importa...
One of the factors determining the development of the securities market in the country is the level ...
Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the sep...
While corporate governance continues to play an important role in economic development, corporate go...
The implementation of an effective system of corporate governance is now of critical importance to C...
textabstractCorporate governance in transition economies does not fit in the dominant normative mode...
We examine the wealth effects of three regulatory changes designed to improve minorityshareholder pr...
The implementation of an effective system of corporate governance is now of critical importance to C...
© 2013 Taylor & Francis. In this paper, we empirically investigate how differences in the developm...
We examine the wealth effects of three regulatory changes designed to improve minority-shareholder p...
The issue of corporate governance in China is examined in this study. We identify several importan...
The negative relationship between economic growth and stock market return is not an anomaly accordin...
Corporate governance, which is defined as the structure of rights and responsibilities among the var...
It has been argued that the legal environment for the protection of minority shareholders is importa...
Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the sep...
It has been argued that the legal environment for the protection of minority shareholders is importa...
One of the factors determining the development of the securities market in the country is the level ...
Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the sep...
While corporate governance continues to play an important role in economic development, corporate go...
The implementation of an effective system of corporate governance is now of critical importance to C...
textabstractCorporate governance in transition economies does not fit in the dominant normative mode...
We examine the wealth effects of three regulatory changes designed to improve minorityshareholder pr...
The implementation of an effective system of corporate governance is now of critical importance to C...
© 2013 Taylor & Francis. In this paper, we empirically investigate how differences in the developm...
We examine the wealth effects of three regulatory changes designed to improve minority-shareholder p...