minority shareholders extract dividend from the firms as an outcome of legal protection in a manner that mitigates problem of … appear to ensure protection of minority shareholders right and that, in turn, is consistent with the global ranking and …

Propping acts by controlling shareholders are common in Chinese listed firms. In this paper, we use data on related …-party transactions of all listed Chinese firms from 2002 to 2008 to investigate the motivation behind controlling shareholders' propping … behavior of controlling shareholders of Chinese listed firms and that such behavior is often followed by more serious tunneling …

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 …