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Recently, the presumed benefits of corporate social responsibility have become an important issue, especially for China … to ‘doing-well’ in the equity market in China. We also find that overseas-listed and more profitable Chinese firms have …
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This paper investigates why Chinese state-owned enterprises (SOEs) with strong political connections (i.e., politically connected firms) are more likely to list overseas than non-politically connected firms. We find that connected firms' post-overseas listing performance is worse than that of...
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