Wen, Wen; Feng, Xiaoqing - In: China journal of accounting studies 11 (2023) 4, pp. 795-825
examines the impact of multiple large shareholders (MLS) on abnormal stock trading halts. The results reveal that listed … companies with MLS have a lower probability of abnormal stock trading halts. When the number and share percentage of non …-controlling shareholders increase, their inhibitory effect on arbitrary stock trading halts is more significant. Channel tests suggest that MLS …