Dual-class firms face great criticism as it is believed that firms choose this structure to expropriate minority … shareholders' wealth. We compare market performance of Chinese dual-class firms with their single-class counterparts by … subsequent years after the initial public offering (IPO). The reason for contrary results is that Chinese dual-class firms bond …

Dual-class firms face great criticism as it is believed that firms choose this structure to expropriate minority … shareholders’ wealth. We compare market performance of Chinese dual-class firms with their single-class counterparts by … subsequent years after the initial public offering (IPO). The reason for contrary results is that Chinese dual-class firms bond …