This paper examines the effect of controlling shareholders on stock price synchronicity by focusing on two salient … controlling shareholders tend to disclose less firm-specific information to conceal opportunistic practices. Additionally, this … the conjecture that controlling shareholders are more likely to hoard bad information when their control rights exceed …

announcements of GPTs generate a cumulative average abnormal return of about 22% and that pre-transaction shareholders on average … mitigate the inefficiencies induced by pre-transaction agency problems between controlling and minority shareholders. Thus …