1. Hong Kong as an international financial center -- 2. Hong Kong's financial center and China's development -- 3. International Financial Centers and offshore finance -- 4. Hong Kong as an offshore RMB business center -- 5. Development of other RMB business offshore centers -- 6. Offshore RMB...

Studies of the incentives behind the expropriation of minority shareholders of publicly listed firms by their controlling shareholders focus on the publicly listed firm's performance or characteristics and treat the controlling shareholder as a black box. In this paper, we examine when and why...