Li, Peixin; Wang, Baolian - In: China Finance Review International 4 (2014) 1, pp. 3-23
the Chinese overseas listed companies are listed in the USA and Hong Kong. As the institutional quality of the USA is …. Specifically, the authors argue that the better institutional environment of the USA can mitigate the information asymmetry problem … and the agency problem of financing via equity. Consequently, firms listed in the USA will rely more on equity and have …