Literature on agency problems arising between controlling and minority owners claim that separation of cash flow and control rights allows controllers to expropriate listed firms, and further that separation emerges when dual class shares or pyramiding corporate structures exist. Dual class...

Literatures of corporate governance claim that expropriation by controlling owner towards the listed firm emerges when separation of cash flow and control rights exist, and that the separation emerges when dual class shares or pyramiding corporate structures exist. In China, dual class share and...

This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation