Abdullah; Zhou, Jia'nan; Shah, Muhammad Hashim - In: International Journal of Financial Studies : open … 5 (2017) 3, pp. 1-11
Dual-class firms face great criticism as it is believed that firms choose this structure to expropriate minority shareholders’ wealth. We compare market performance of Chinese dual-class firms with their single-class counterparts by constructing a list of Chinese firms cross-listed on U.S....