Qianwei, Ying; Wang, Liang - In: China journal of accounting research : CJAR 6 (2013) 2, pp. 133-147
behavior of controlling shareholders of Chinese listed firms and that such behavior is often followed by more serious tunneling … motivation to qualify for refinancing exhibit more severe tunneling after engaging in propping behavior. We also find that while … in the following year because of subsequent tunneling. The results presented in this paper provide us with a better …
