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state ownership remains widespread in China's stock markets. Three questions are considered that are related to government …
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and institutional foundation of the capital markets in China. In contrast, ownership by grey institutions is in general …
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The aim of this paper is to examine the effect of 2005-ownership reform and state ownership on the linkages between corporate governance mechanisms and agency costs for Chinese listed firms. Based on a large panel of Chinese listed firms, we find that following the reform managerial ownership,...
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