the amount of funds they contribute, that is, universities with high expropriation risk, are associated with lower outside …

protecting minority shareholders from expropriation by controlling shareholders. Using data from publicly traded Chinese firms …

each year and over all five-years combined. In contrast, Tobins Q results (a market valuation measure) show that the mean …

This paper examines the expropriation of tradable shareholders in rightsissuing firms with the split share structure in … negatively correlated with the change in wealth of nontradable shareholders, consistent with an expropriation effect. Additional … evidence indicates that the expropriation effect in rights issues is exacerbated when the firm is not ultimately controlled by …

call precisely filtering contracts, namely, contracts that provide protection only in those cases where expropriation can …