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Chinese shareholders are sensitive to the disclosure of environmental violations. Specifically, the issue is measured by the … results reveal that, facing an environmental violation, Chinese shareholders react negatively. The negative reaction becomes …
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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 …
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