Krishnamurti, Chandrasekhar; Sěvić, Aleksandar; … - In: Economic Change and Restructuring 38 (2005) 1, pp. 85-111
Working Paper; 2002, Journal of Finance 57(2), 2741–2771) provide empirical evidence regarding expropriation arising from the … separation of cash flow from voting rights in Asian firms. Their analysis suggests a high degree of expropriation in Hong Kong …, Indonesia, Malaysia, and Thailand. We re-examine the problem of expropriation in Asian firms reported by earlier research. We …