Cheung, Yan-Leung; Chung, Cheong-Wing; Tan, Weiqiang; … - In: Journal of Banking & Finance 37 (2013) 8, pp. 3227-3242
This study attempts to identify the connection between the board of directors (BoD) and the controlling shareholder. We investigate how this connection affects the corporate governance practice and market performance of Hong Kong listed firms. Our results reveal that close connections between...