Shareholder supremacists argue that corporate management should be constrained by additional shareholder power to nominate directors, approve executive pay, or receive financial disclosures. Meanwhile, managerial and directorial apologists suggest that the way forward is to protect managerial...

This paper finds the Stock Connect Program of 2014 and the 2018 trade fights between China and the U.S. exacerbate regulatory policy uncertainty, amplify positive gaps in price and trading volume of dual-listed A-H stocks in Shanghai and Hong Kong stock exchanges, and dampen the associated...