Undertakings by the controlling shareholders in Chinese listed companies are commonplace. This study empirically examines the events where the controlling shareholders announced its intentions not to honour their undertakings. Using event study methods, our research shows that these events are...

The political economy/interest group politics theory has emerged as a powerful analytical tool for approaching the varying evolutionary trajectories of takeover regulation in advanced economies. What is largely missing from the ongoing discourse is the experience of developing and emerging...