Qianwei, Ying; Wang, Liang - In: China journal of accounting research : CJAR 6 (2013) 2, pp. 133-147
Propping acts by controlling shareholders are common in Chinese listed firms. In this paper, we use data on related-party transactions of all listed Chinese firms from 2002 to 2008 to investigate the motivation behind controlling shareholders' propping acts and subsequent wealth-transfer...