Purpose: The purpose of this paper is to examine the effect of private benefits of control on minority shareholders. Design/methodology/approach: A theoretical model is established. The empirical analysis includes hand-collected data from a wide range of data sources. OLS and 2SLS regression...

Purpose: The purpose of this paper is to examine the effect of private benefits of control on minority shareholders. Design/methodology/approach: A theoretical model is established. The empirical analysis includes hand-collected data from a wide range of data sources. OLS and 2SLS regression...

China’s STAR market (Shanghai Stock Exchange Science and Technology Innovation Board) is its newest stock market, which was officially launched in June 2019, and whose index was released in July 2020. It has attracted extensive attention from market players, but almost no coverage from...

On 3rd November 2020, Ant Group’s world record-setting initial public offering in Shanghai and Hong Kong was surprisingly suspended. In fact, there have been major shifts regarding China’s policies toward privately-owned enterprises (POEs) recently. This study aims to examine the factors...

The 2019 novel Coronavirus disease (COVID-19) has greatly affected the financial markets, economies and societies around the world. This study is the first of its kind that focuses on the Chinese stock markets. Based on Google Trends data during 1 January – 12 April, 2020 and by using the...

China’s debt trap diplomacy has been debated among academia, think tanks, and the policymaking community. Unlike previous research, which mainly focuses on China’s lending practice and strategic intentions, this study looks at the measurement of this narrative and its relations with the Belt...

China's wolf warrior diplomacy has garnered significant global attention since April 2020, with concerns arising about potential adverse effects on the Chinese economy. This study aims to shed light on this issue by employing weekly Google Trends data from April 2020 to February 2022, and...

Starting from the 3rd Plenary Session of the 18th Central Committee of the Communist Party of China, held in November 2013, China initiated another round of state-owned enterprise (SOE) reform. This study examines policy documents, analyzes pilot SOEs, and conducts an empirical study using a...

The structured deposits within the Chinese banking sector have witnessed significant growth in recent years, particularly since 2017. Consequently, the regulatory authority in China initiated measures to enhance regulation starting in October 2019. This study represents a pioneering effort in...