Teng, Fei; Xia, Xue; Xin, Yu - In: Nankai Business Review International 12 (2021) 2, pp. 194-219
Purpose: Close relationship with major customers, by curtailing opportunistic behaviors during private placements (PPs) and guaranteeing the production and sales of products after, is expected to facilitate the realization of PP’s strategic goals. However, major customers, on the contrary,...