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Effect of disproportional voting rights on firm's market performance : evidence from Chinese firms cross-listed on U.S. exchanges

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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....

Persistent link: https://www.econbiz.de/10011760172