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We compare the market quality of the newly established, second board of the China stock market, the Growth Enterprise … instead enhance the overall trading activities in China. Pricing error variances are not different in the two Boards while GEM … in China …
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protection, and government regulation distort the choice of directors, and the firm value impact of independent director and … political-connected director in China. We find that SOEs would be more likely to choose political-connected directors without … in China. Political-connected directors without professional business background are negatively associated with firm …
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