Purpose: This study examines how, and to what extent the trading of the cross-listed China-backed ADRs on the New York Stock Exchange (NYSE) contributes to the information flow and price discovery for the corresponding cross-listed stocks on the Shanghai Stock exchange (SSE)....

The growth in Chinese and Indian economies has witnessed an increase in the mergers and acquisitions (M&A) activities over the last twenty years. The effects of M&As on Chinese and Indian listed companies' are analysed using average abnormal returns (AAR) and cumulative average abnormal returns...

Purpose – Since the initiation of the share split reform by the Chinese Securities Regulatory Commission (CSRC) in 2005, the private placement has become the major source of raising equity after IPO. The purpose of this paper is to investigate why listed firms in China prefer private...

China restructured its state assets management system through the establishment of the State-owned Assets Supervision and Administration Commission (SASAC) in 2003. In consequence, de facto ownership rights to local state-owned enterprises (lo-cal SOEs) were granted to local governments. Chinese...

This study investigates the impact of the Environmental (E), Social (S), and Governance (G) scores on abnormal returns (AR) and cumulative abnormal returns (CAR) of energy companies issuing green and conventional bonds in China and Japan. The bond and returns related data for each company was...

Purpose – Since the initiation of the share split reform by the Chinese Securities Regulatory Commission (CSRC) in 2005, the private placement has become the major source of raising equity after IPO. The purpose of this paper is to investigate why listed firms in China prefer private...