Wong, Sonia M. L.; Opper, Sonja; Hu, Ruyin - In: The Economics of Transition 12 (2004) 1, pp. 29-66
In this study we use a dataset that provides information on Chinese Communist Party grassroots organizations' political control over decision-making in China's listed firms. Specifically, we examine how different types of shareholders affect (1) the party's level of decision-making power and (2)...