Choe, Chong-mu; Sami, Heibatollah; Zhou, Haiyan - In: China journal of accounting research : CJAR 3 (2010), pp. 13-50
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 …This study examines the effect of corporate ownership on information asymmetry as measured by bid-ask spread in the …
