Rousseau, Peter L.; Xiao, Sheng - In: China Economic Review 19 (2008) 4, pp. 605-613
Using two newly available datasets of exchange-listed firms in China covering the period from 1994 to 2003, we test if share-issue privatization, defined here as a change of corporate control from the State to private owners rather than the IPO event used in earlier studies, improved firm...