Wang, Xiaoming; Cao, Jerry; Liu, Qigui; Tang, Jinghua; … - In: China Economic Review 32 (2015) C, pp. 27-42
This paper examines the relationship between ownership structures and IPO long-run performance of non-SOEs in China. Although non-SOEs underperform the market in general after IPO but the poor performance is mainly caused by the IPOs with ownership control wedge. Non-SOEs with one share one vote...
