Du, Julan; He, Qing; Yuen, San Wing - In: Pacific-Basin Finance Journal 22 (2013) C, pp. 50-68
We examine a sample of going-private transactions in the Hong Kong stock market from 1989 to 2008. Privatized firms experienced large negative abnormal returns prior to the announcement of going private transaction, particularly in those firms with weak corporate governance structure and a high...
