Wen, Wen; Feng, Xiaoqing - In: China journal of accounting studies 11 (2023) 4, pp. 795-825
examines the impact of multiple large shareholders (MLS) on abnormal stock trading halts. The results reveal that listed …-controlling shareholders increase, their inhibitory effect on arbitrary stock trading halts is more significant. Channel tests suggest that MLS … can restrain abnormal stock trading halts by reducing the tunnelling activities by controlling shareholders, increasing …