This paper examines the impact of controlling shareholders' stock pledge on institutional shareholding using the sample … of Chinese listed firms. Stock pledge means shareholders use stock of listed firms as the pledged assets to apply for … shareholders' stock pledge decreases institutional shareholding significantly and such relation is more remarkable in the subsample …

The shareholders are the owners of the corporation. The corporation has a separate legal existence independent of the … and other liabilities of the corporation to third parties). Shareholders generally delegate management and control of the … corporation to the directors and officers, with the directors being elected by a vote of the shareholders; however, under common …