returns and trading volumes to the 2005-2006 structural reform which allowed the transformation of non-tradable shares (NTS … in the few days before the announcement of which companies will undergo the reform process and in the ten days after the …

this prediction using the Split-Share Structure Reform (SSSR) in China, which provided a large, exogenous, and permanent …

underwriter reputation for issuers with different ownership structures in China. We document a significantly inverse relationship …

emerging markets of China. Government ownership has significant and positive impacts on bid-ask spread during the period 1995 … consistent with recent studies on emerging markets including China, which indicate that firms with higher state ownership tend to … ownership is associated with lower information asymmetry in the market, an economic consequence of significant economic reform …