Shi, Xiangyan; Danlu, Bu; Wen, Caihong; Lan, Zong - In: China journal of accounting studies 9 (2021) 3, pp. 383-407
This paper studies the effect of the controlling shareholder’s financial background on the corporate financialization. We find that controlling shareholder’s financial background has a significant positive impact on corporate financialization, and the positive impact is more obvious in...