control rights and the types of control of the ultimate controlling shareholders (UCSs) of listed firms in China influence … pay and the level of cash dividend payout, which indicates that the ultimate controlling shareholders are likely to use … firms' cash dividend policy. The difference might stem from the historical nature of these ultimate controlling shareholders …

The cases that controlling shareholders expropriate the rights and interests of other shareholders frequently appeared … in China, thus, encouraging non-controlling shareholders to actively participate in corporate decision-making was … advocated by the public. However, whether non-controlling shareholders participate in decision-making has a positive impact on …

results found that operation cash flow and centration of shareholders have positive impact on equity control reduction and the …

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 … behavior of controlling shareholders of Chinese listed firms and that such behavior is often followed by more serious tunneling …

Chinese shareholders are sensitive to the disclosure of environmental violations. Specifically, the issue is measured by the … results reveal that, facing an environmental violation, Chinese shareholders react negatively. The negative reaction becomes …