Li, Peixin; Wang, Baolian - In: China Finance Review International 4 (2014), pp. 3-23
Chinese overseas listed companies are listed in the USA and Hong Kong. As the institutional quality of the USA is better than … authors argue that the better institutional environment of the USA can mitigate the information asymmetry problem and the … agency problem of financing via equity. Consequently, firms listed in the USA will rely more on equity and have lower …